Ludington, WI housing market
Home prices around Ludington have risen about 65% over the past 5 years. Builders were permitted 6 new homes in 2025.
Home values, sales, trends and how Ludington compares with the towns next door — updated as new data is published.
Home prices up 65% in 5 years
The federal house price index for the ZIP codes around Ludington rose 65% over the past 5 years, faster than across Wisconsin (57%). Last year prices rose 7.3%.
Show as a table
| Year | Change that year | Since 2000 | Wisconsin since 2000 |
|---|---|---|---|
| 2025 | +7.3% | +163% | +143% |
| 2024 | +6.9% | +145% | +131% |
| 2023 | +7.1% | +129% | +116% |
| 2022 | +19% | +114% | +95% |
| 2021 | +13% | +80% | +70% |
| 2020 | +0.1% | +59% | +54% |
| 2019 | +8.5% | +59% | +50% |
| 2018 | +2.7% | +46% | +43% |
| 2017 | +3.7% | +43% | +36% |
| 2016 | +5.7% | +38% | +29% |
| 2015 | +3.4% | +30% | +24% |
| 2014 | +1.3% | +26% | +21% |
| 2013 | −0.3% | +24% | +19% |
| 2012 | −0.3% | +25% | +19% |
| 2011 | −2.4% | +25% | +21% |
| 2010 | −1.7% | +28% | +25% |
| 2009 | −3.5% | +30% | +31% |
| 2008 | −0.5% | +35% | +36% |
| 2007 | +1.4% | +36% | +38% |
| 2006 | +6.3% | +34% | +36% |
| 2005 | +11% | +26% | +32% |
| 2004 | +3.8% | +13% | +21% |
| 2003 | +3.6% | +9.1% | +13% |
| 2002 | +2.1% | +5.3% | +9.3% |
| 2001 | +3.1% | +3.1% | +5.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 54742, 54722, 54727, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
6 new homes permitted in 2025
Builders were permitted 6 new homes in Ludington in 2025, all single-family houses, worth about $2.1 million to build. Over the past 10 years, Ludington has permitted 32 homes in all.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 4 | 0 | $1.4 million |
| 2025 | 6 | 6 | 0 | $2.1 million |
| 2024 | 6 | 6 | 0 | $2.1 million |
| 2023 | 5 | 5 | 0 | $1.7 million |
| 2022 | 8 | 8 | 0 | $2.5 million |
| 2021 | 3 | 3 | 0 | $812,000 |
| 2020 | 1 | 1 | 0 | $271,000 |
| 2019 | 3 | 3 | 0 | $812,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
Ludington's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Ludington and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Ludington | +7.3%† | $1,190 | 6 | $86,250 |
| Bridge Creek | +4.7%† | $1,000 | — | $83,413 |
| Lincoln | +8.9%† | $1,300 | — | $111,111 |
| Wilson | +5.2%† | $1,010 | — | $85,000 |
| Sigel | +4%† | $990 | — | $82,292 |
| Seymour | +6.2%† | $1,230 | 10 | $107,436 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,190
HUD's Fair Market Rent for a two-bedroom in Ludington is $1,190 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Ludington pay a median of $1,261.
Studio $940 · 4 bedrooms $1,640
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (54722, 54727, 54742; Eau Claire, WI MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.