Luther, MI Housing Market

Homes for sale

The Luther housing market is not very competitive. The median sale price of a home in Luther was $117K last month, up 216.2% since last year. The median sale price per square foot in Luther is $96, up 108.7% since last year.

Trends
Demand
Migration
Schools
Climate

Luther Housing Market Trends

What is the housing market like in Luther today?

$117K

Sale Price

+216.2%
since last year

$96

Sale $/Sq. Ft.

+108.7%
since last year

Under List Price

2.6%

Days on Market

53.5

Down Payment

—

Total Homes Sold

To compare other locations to the Luther and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Luther add value to a home.

How hot is the Luther housing market?

Luther is not very competitive. Homes sell in 53.5 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 54 days.
Hot homes
can sell for around list price and go pending in around 14 days.

Compare With Nearby Cities

Cadillac

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 72 days.
Hot homes
can sell for about 1% above list price and go pending in around 41 days.

Baldwin

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 23 days.
Hot homes
can sell for around list price and go pending in around 11 days.

See more nearby cities and neighborhoods

Luther Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Luther that sold recently

Recently sold homes

SOLD FEB 24, 2025
$400,000 Last Sold Price
—beds
—baths
—sq ft
8557 N State Rd, Luther, MI 49656
List Price
$429,000
Sale to List
7% under list
Days on Market
495 days
8557 N State Rd, Luther, MI 49656
SOLD FEB 21, 2025
$32,900 Last Sold Price
—beds
—baths
—sq ft
00 E Lincoln Creek Rd, Newkirk Twp, MI 49656
List Price
$32,900
Sale to List
0% over list
Days on Market
37 days
00 E Lincoln Creek Rd, Newkirk Twp, MI 49656
SOLD FEB 21, 2025
$32,900 Last Sold Price
—beds
—baths
—sq ft
00 E Lincoln Creek Rd, Luther, MI 49656
List Price
$32,900
Sale to List
0% over list
Days on Market
37 days
00 E Lincoln Creek Rd, Luther, MI 49656
SOLD FEB 21, 2025
$100,000 Last Sold Price
2 beds
1 bath
1,048 sq ft
3434 N Kings Hwy, Luther, MI 49656
List Price
$119,900
Sale to List
17% under list
Days on Market
284 days
3434 N Kings Hwy, Luther, MI 49656
SOLD FEB 14, 2025
$117,000 Last Sold Price
2 beds
1 bath
1,209 sq ft
513 Luther St, Luther, MI 49656
List Price
$119,500
Sale to List
2% under list
Days on Market
-4 days
513 Luther St, Luther, MI 49656
SOLD JAN 21, 2025
$122,000 Last Sold Price
—beds
—baths
—sq ft
0 E King 2 Hwy, Luther Vlg, MI 49656
List Price
$130,000
Sale to List
6% under list
Days on Market
177 days
0 E King 2 Hwy, Luther Vlg, MI 49656
SOLD JAN 15, 2025
$230,000 Last Sold Price
3 beds
2 baths
1,800 sq ft
3479 N Flynn Rd, Luther, MI 49656
List Price
$217,000
Sale to List
6% over list
Days on Market
128 days
3479 N Flynn Rd, Luther, MI 49656
SOLD JAN 3, 2025
$260,000 Last Sold Price
3 beds
2 baths
1,500 sq ft
2880 State Rd #2, Luther, MI 49656
List Price
$260,000
Sale to List
0% over list
Days on Market
207 days
2880 State Rd #2, Luther, MI 49656
See all recently sold homes in Luther.
See listings

Schools in Luther

Learn about schools in the Luther area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Luther housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Luther.

Heat Factor - Minimal

65% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Luther

Zip Code Housing Markets

49656 Housing Market

Nearby City Housing Markets

Zip Code Listings

49656 Real Estate

Nearby City Listings

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