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Bankruptcy Homes in Ludington, MI

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W-freeman-rd-Free-soil-MI-49411
Bankruptcy
$176,460 EMV

W Freeman Rd
Free Soil, MI 49411

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Foreclosure Homes in Ludington, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Ludington, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Ludington, MI and much more. Save thousands at closing with home foreclosure listings in Ludington, MI — up to 75% off market value!


Top Reasons To Live In Ludington, MI In 2021

Ludington is located in Mason, Michigan, with an estimated municipal population of 8,108 residents. All of the best foreclosed homes for sale in Ludington are located in the following zip code areas on Foreclosure.com: 49431. The estimated population per square kilometer (.62 miles) in Ludington is 931.


Cost Of Living In Ludington, MI

So, about how much do homes cost in Ludington? The most recent median value of resident-owned homes in Ludington is 125,539. An estimated 58.5 percent of households in Ludington own their homes, with an average family size of 2.91. The median household income in Ludington is 45,302, with15.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ludington, the median commute time of resident workers (in minutes) is 11.3. And last, but certainly not least, are you looking for homes to rent in Ludington? If so, the average rent price paid by renters in Ludington is 665, according to recent statistics.


Diversity And Demographics In Ludington, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Ludington, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Ludington is 43.9, split between 45.5 percent male versus 54.5 female. The percentage of residents who report being married in Ludington is 42.1, with an average family size of 2.91.

The percentage of residents who report their race in Ludington is as follows:

White 95.3%
Black / African American 1.2%
Asian 0.2%
American Indian / Alaskan Native 1.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.5%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near Ludington? Or maybe you are searching for 55+ active adult communities in and/or near Ludington?

The percentage of residents who report their age in Ludington is as follows:

Under 10 9.3%
Aged 10-19 13.5%
20s 10.8%
30s 11.1%
40s 11.4%
50s 14.1%
60s 13.5%
70s 9.4%
80+ 6.8%

Best Schools In Ludington, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Ludington with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Ludington.


Pros And Cons Of Living In Ludington, Michigan

How do you know that living in -- or moving to -- Ludington is right where you need to be? Perhaps you grew up in Ludington or already live nearby; therefore, the decision to buy a home in Ludington is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Ludington for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Ludington:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Ludington.


Reasons To Move To Ludington, Michigan, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Ludington can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Ludington, meanwhile, can field multiple offers from more qualified buyers.

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