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 $155K last month, up 4.7% since last year. The median sale price per square foot in Luther is $249, down 19.0% since last year.

Trends
Demand
Migration
Schools
Climate

Luther Housing Market Trends

What is the housing market like in Luther today?

$155K

Sale Price

+4.7%
since last year

$249

Sale $/Sq. Ft.

-19.0%
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 1% below list price and go pending in around 50 days.
Hot homes
can sell for about 1% above list price and go pending in around 33 days.

Baldwin

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 16 days.
Hot homes
can sell for about 2% above list price and go pending in around 7 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 SEP 5, 2025
$63,000 Last Sold Price
—beds
—baths
—sq ft
V/L N Hawkins Rd, Luther, MI 49656
List Price
$65,000
Sale to List
3% under list
Days on Market
14 days
V/L N Hawkins Rd, Luther, MI 49656
SOLD AUG 28, 2025
$160,000 Last Sold Price
4 beds
2 baths
1,440 sq ft
710 Oak St, Luther, MI 49656
List Price
$155,000
Sale to List
3% over list
Days on Market
39 days
710 Oak St, Luther, MI 49656
SOLD AUG 27, 2025
$80,000 Last Sold Price
1 bed
1 bath
185 sq ft
7278 E 6 Mile Rd, Luther, MI 49656
List Price
$75,000
Sale to List
7% over list
Days on Market
23 days
7278 E 6 Mile Rd, Luther, MI 49656
SOLD AUG 22, 2025
VIDEO TOUR
$210,000 Last Sold Price
3 beds
2 baths
1,344 sq ft
4297 N Wilderness Trl, Luther, MI 49656
List Price
$239,900
Sale to List
12% under list
Days on Market
102 days
4297 N Wilderness Trl, Luther, MI 49656
SOLD AUG 19, 2025
$95,000 Last Sold Price
2 beds
1 bath
563 sq ft
5479 N Karley Ct, Luther, MI 49656
List Price
$109,900
Sale to List
14% under list
Days on Market
123 days
5479 N Karley Ct, Luther, MI 49656
SOLD AUG 18, 2025
$149,900 Last Sold Price
2 beds
1 bath
600 sq ft
5153 Syers Dr, Luther, MI 49656
List Price
$149,900
Sale to List
0% over list
Days on Market
13 days
5153 Syers Dr, Luther, MI 49656
SOLD AUG 15, 2025
$102,000 Last Sold Price
4 beds
2 baths
783 sq ft
5495 N Karley Ct, Luther, MI 49656
List Price
$102,500
Sale to List
0% under list
Days on Market
112 days
5495 N Karley Ct, Luther, MI 49656
SOLD AUG 7, 2025
$47,500 Last Sold Price
—beds
—baths
—sq ft
V/L 10.09A E Abermanis Trl, Luther, MI 49656
List Price
$47,500
Sale to List
0% over list
Days on Market
49 days
V/L 10.09A E Abermanis Trl, 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

New Listings in Luther

Nearby City Housing Markets

Zip Code Housing Markets

49656 Housing Market

Nearby City Listings

Zip Code Listings

49656 Real Estate

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