Why Live in Ludlow
Ludlow is a historic manufacturing community turned year-round outdoor destination in the Green Mountains. “Up until the turn of the century, Ludlow was a mill town. Now, many of those older buildings have been turned into cute little shops and houses,” says Alison Cummings, a local Realtor and Principal Broker/Owner of Cummings & Co. Real Estate Services. “It’s a busy little town not too far from Interstate 91, so it’s easier to access than other places.” Ludlow Village is a commercial hub that anchors the town at the base of Okemo Mountain. As a four-season resort catered to alfresco recreation, Okemo Mountain welcomes hundreds of thousands of outdoor enthusiasts each year for both winter and summer recreational activities. “During the winter, you see the bulk of tourists; in the summer, it’s a little less busy, but visitors still come for the resort, the town’s golf course and sometimes recreation at nearby lakes,” Cummings says. She also notes that while many people in Ludlow are often there on temporary vacations, the town also has a substantial full-time population. According to the U.S. Census Bureau, as of 2020, Ludlow was home to nearly 2,200 permanent residents.
Home Trends in Ludlow, VT
On average, homes in Ludlow, VT sell after 112 days on the market compared to the national average of 50 days. The median sale price for homes in Ludlow, VT over the last 12 months is $460,000, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$460,000
Median Single Family Sale Price
$564,500
Median Townhouse Sale Price
$680,000
Median 2 Bedroom Sale Price
$480,000
Median 1 Bedroom Sale Price
$74,000
Average Price Per Sq Ft
$329
Number of Homes for Sale
40
Last 12 months Home Sales
73
Median List Price
$529,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-13%