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market report · 49656
Luther, MI · 49656
7 active listings$115,000 median ask$2,025 est. rent1.8% price/rent
$115,000
Median list price
$2,025/mo
Estimated rent
1.8%
Price / rent ratio
7
Listings
$1.69
Median rent / sqft
5 comps
$217.61
Median sold / sqft
5 comps
—
Walkability
6.7%
Area unemployment
BLS LAUS
Median household income $56,656 · median home value $135,500 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 57).
top deals · highest rent-to-price
10978 E 8 Mile Rd, Luther, MI 49656
Luther, MI
$99,000$2,628/mo2.7%
3973 E 3 Mile Rd, Luther, MI 49656
Luther, MI
$114,900$1,810/mo1.6%
5268 N Alpine Dr, Luther, MI 49656
Luther, MI
$149,900$1,546/mo1%
7 W 4 Mile Rd, Luther, MI 49656
Luther, MI
$509,000$2,723/mo0.5%
9239 E 8 Mile Rd, Luther, MI 49656
Luther, MI
$589,000$2,025/mo0.3%