The story of this market
The typical home in ZIP 49431 sells for about $295,000, or $181 per square foot.
Prices are down 14.48% from a year ago, which gives buyers more room to negotiate. Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $914 a month.
ZIP 49431 — Ludington
The housing market in 49431 shows a median sale price of $295,000 with a year-over-year decline of 14.48%. Inventory remains limited with 78 active listings, and the market is experiencing a faster selling pace compared to the previous year.
Median prices moved down 14.5% year over year.
Homes spend a median of 78 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 14.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49431
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data sourced from United States Zip Codes via Census/ACS
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.