Luther Real Estate
25 active listings · 32 sold in the past 12mo
$259,900
Median List Price
32
Sold (past 12mo)
87
Avg Days on Market
+113.5%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(25)
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For Sale
1/66
$6,200,000
3943 N Skookum Road, Luther, MI 49656
668.82 ac
Multi-Fam
For Sale
1/72
$6,200,000
3943 N Skookum Road, Luther, MI 49656
26 bd19 ba18,355 sqft668.82 ac
Single Family
For Sale
1/44
$1,139,000
9239 E Eight Mile Road, Luther, MI 49656
168 ac
Multi-Fam
For Sale
1/44
$889,000
9239 E Eight Mile Road, Luther, MI 49656
168 ac
Multi-Fam
For Sale
1/37
$575,900
9236 E Old M 63, Luther, MI 49656
3 bd3 ba3,100 sqft12.50 ac
Single Family
For Sale
1/35
$435,000
8851 E 8 Mile Road, Luther, MI 49656
5 bd2 ba2,224 sqft9.20 ac
Single Family
For Sale
1/40
$430,000
4395 N Raymond Road, Luther, MI 49656
3 bd3 ba1,949 sqft14.35 ac
Mfg Home
For Sale
1/62
$375,000
10319 E 4 1/2 Mile Road, Luther, MI 49656
3 bd3 ba2,498 sqft5 ac
Single Family
For Sale
1/39
$329,000
10976 E 3 Mile Road, Luther, MI 49656
3 bd1 ba1,320 sqft25 ac
Single Family
For Sale
1/40
$329,000
10976 E 3 Mile Road, Luther, MI 49656
3 bd1 ba25 ac
Single Family
For Sale
1/21
$265,000
382 W Morgan Drive, Luther, MI 49656
2 bd1 ba1,019 sqft3.50 ac
Single Family
For Sale
1/90
$259,900
984 W Rose Meadow Drive, Luther, MI 49656
3 bd2 ba5.35 ac
Mfg Home
For Sale
1/88
$259,900
984 W Rose Meadow Drive, Luther, MI 49656
3 bd2 ba1,976 sqft5.35 ac
Mfg Home
For Sale
1/97
$250,000
201 State Street, Luther, MI 49656
2 bd1 ba0.10 ac
Single Family
For Sale
1/97
$250,000
201 State Street, Luther, MI 49656
2 bd1 ba2,590 sqft0.10 ac
Single Family
For Sale
1/23
$225,000
603 River Street, Luther, MI 49656
3 bd2 ba1,511 sqft0.41 ac
Single Family
For Sale
1/51
$219,900
408 Garfield Street, Luther, MI 49656
2 bd3 ba0.63 ac
Single Family
For Sale
1/26
$184,900
10086 E Old M 63, Luther, MI 49656
3 bd3 ba1,450 sqft5.55 ac
Mfg Home
For Sale
1/50
$149,900
507 River Street, Luther, MI 49656
1 bd1 ba0.40 ac
Single Family
For Sale
1/60
$143,500
5423 N Karley Court, Luther, MI 49656
3 bd1 ba1,216 sqft0.58 ac
Mfg Home
For Sale
1/14
$133,000
201 Birch Street, Luther, MI 49656
4 bd1 ba1,400 sqft0.40 ac
Single Family
For Sale
1/19
$109,000
10978 E Eight Mile Road, Luther, MI 49656
0.50 ac
Multi-Fam
Under Contract
1/33
$99,900
1718 N Saddler Road, Luther, MI 49656
2 bd1 ba10 ac
Mfg Home
For Sale
1/17
$72,500
5263 E 8 Mile Road, Luther, MI 49656
3 bd1 ba960 sqft2 ac
Single Family
Recently Sold(32)
Frequently Asked Questions about Luther
How many homes are for sale in Luther?
Buyers in Luther can choose from 25 active listings. The median asking price is $259,900.
What are home prices like in Luther?
Based on 32 sales in the past year, homes in Luther have a median price of $259,900.
What is the average days on market in Luther?
Over the past year, homes in Luther spent an average of 87 days on market before selling.
Which school districts cover Luther?
Luther is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Luther may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Luther real estate market?
With 9.4 months of inventory, Luther is currently a buyer's market. This is based on 25 active listings and 32 sales in the past 12 months.
How are property taxes calculated in Luther?
Michigan property taxes in Luther are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What does demographic data show about housing demand in Luther?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Luther is +113.5%. Shrinking household sizes (from 2.75 to 2.44 persons per household) have increased the number of households needing housing by 82 since 2009 — independent of the 89.4% population growth. This is a secondary demographic indicator, not a primary market measure.