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Today: September 23, 2025

Current Price

$136,109

1 Month Forecast

$167,068

1-Year Forecast *

$185,267

5-Year Forecast *

$216,445

"Is it a good time to buy homes in Luther?" "Does investing in real estate in Luther (Michigan State, Lake County) worth it?" According to our live Forecast System, buying a house in Luther is a very good short-term (1-year) investment*. The Luther average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Luther" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Luther in Michigan State, Lake County. If you are looking for homes for sale with good flipping profit, Luther can be a profitable property investment option. The median price of an average house in Luther was 136,109 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Luther" area is 216,445 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +59.02% meaning that investing 100000 USD today may yield a profit of 59,023 USD by 2030.

Current Median Listing Price: 136,109 USD Median Listing Price Per Square Foot: 76 USD

Luther Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Luther (Michigan State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Luther Price Target

Luther median home price target in 12 months: $185,267* (upside of 36.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $160,596 $164,716 $160,596 $164,716
2024 $132,839 $136,109 $131,895 $136,425
2023 $131,089 $133,680 $131,089 $136,049
2022 $123,311 $130,701 $123,311 $131,822
2021 $103,527 $121,025 $103,527 $121,104
2020 $83,520 $103,536 $83,520 $103,536
2019 $81,954 $83,378 $81,311 $83,576
2018 $82,458 $82,525 $82,458 $87,538
2017 $81,039 $81,590 $77,604 $81,667
2016 $77,834 $80,597 $77,834 $82,631
2015 $69,167 $76,693 $69,167 $76,693
2014 $69,024 $68,270 $67,565 $69,024
2013 $65,255 $69,225 $65,255 $69,352
2012 $64,170 $64,273 $62,668 $64,273

Questions & Answers about the Luther Housing Market Forecast

How much does an average home cost in Luther today?

The value of an average home (the listing price) in Luther is $136,109 USD.

What is the average price per square foot in Luther?

According to Walletinvestor the median price per square foot in Luther is 76 USD.

Will the median listing price of homes in Luther grow / rise / go up?

Yes. The Luther home prices may rise from 136,109 USD to 185,267 USD in one year.

Is it profitable to invest in Luther homes?

Yes. The long-term profit potential is +36.12% in one year.

Will Luther house prices fall / drop?

No. See above.

What is the predicted price of a Luther home in 2030?

The predicted home sales price of a Luther home in 2030 in Luther is 216,445 USD.

What is the predicted price of a Luther home in 2035?

The predicted home sales price of a Luther home in 2035 in Luther is 276,696 USD.

Will real estate prices decrease in Luther?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Luther is the 14876. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Lake, Luther decreased, looking at the past 12 months.

According to Walletinvestor's Luther real estate market research, home values will increase in the next 12 months.

Median home values decreased by 0.070% to 136,109 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 34.556% in 2020
  • 37.756% in 2021
  • 37.576% in 2022
  • 34.686% in 2023
  • 36.366% in 2024
  • 37.546% in 2025

Based on our Luther real estate market research and report the predicted sales prices will increase by 2,083.256% in the next 10 years.

Over the last 12 months, the value of homes in Luther fluctuated: increasing 7 times and decreasing 3 times.

Luther (Michigan) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Luther Housing Market Forecast with Real Estate Prices for 2025
August 2025 167068 155373 178762
September 2025 169453 153016 185890
October 2025 169608 160789 178428
November 2025 169594 155178 184009
December 2025 170843 161104 180581
Luther Housing Market Forecast with Real Estate Prices for 2026
January 2026 173282 159939 186625
February 2026 175757 160114 191399
March 2026 178266 160440 196093
April 2026 180812 164539 197085
May 2026 183394 172024 194765
June 2026 185155 171638 198671
July 2026 185267 168963 201570
August 2026 184577 169442 199713
September 2026 184913 167531 202294
October 2026 185146 174222 196069
November 2026 187789 171827 203751
December 2026 190471 171424 209518
Luther Housing Market Forecast with Real Estate Prices for 2027
January 2027 193191 181406 204976
February 2027 195545 180292 210797
March 2027 195772 181676 209867
April 2027 195647 176865 214429
May 2027 195620 177819 213421
June 2027 195477 182771 208183
July 2027 195792 184436 207148
August 2027 195873 184317 207430
September 2027 195335 175997 214673
October 2027 194208 178866 209551
November 2027 194783 180564 209003
December 2027 195431 185464 205398
Luther Housing Market Forecast with Real Estate Prices for 2028
January 2028 196887 178183 215592
February 2028 197574 181373 213775
March 2028 199911 185518 214305
April 2028 201371 184053 218689
May 2028 202155 185780 218529
June 2028 201500 181350 221650
July 2028 201285 182364 220206
August 2028 200761 182893 218629
September 2028 200019 185417 214620
October 2028 198634 184928 212340
November 2028 197384 187120 207648
December 2028 196188 176569 215806
Luther Housing Market Forecast with Real Estate Prices for 2029
January 2029 195982 183635 208329
February 2029 196637 179726 213548
March 2029 197712 187826 207597
April 2029 199036 185502 212571
May 2029 200209 186795 213623
June 2029 201568 185443 217694
July 2029 202385 182146 222623
August 2029 202713 183050 222377
September 2029 202420 186226 218614
October 2029 202243 191322 213164
November 2029 205131 186875 223388
December 2029 206928 191822 222034
Luther Housing Market Forecast with Real Estate Prices for 2030
January 2030 208839 193594 224084
February 2030 209859 192861 226858
March 2030 210161 197971 222350
April 2030 210067 195572 224561
May 2030 210393 193562 227225
June 2030 213397 202087 224708
July 2030 216445 196965 235925
August 2030 216643 202344 230941
September 2030 216624 202976 230271
October 2030 218219 203162 233276
November 2030 221335 204956 237714
December 2030 224496 211026 237966
Luther Housing Market Forecast with Real Estate Prices for 2031
January 2031 227702 210852 244552
February 2031 230953 214325 247582
March 2031 234251 218088 250415
April 2031 236500 222547 250454
May 2031 236643 216528 256758
June 2031 235763 212422 259103
July 2031 236191 221783 250599
August 2031 236488 219225 253752
September 2031 239866 219237 260494
October 2031 243291 222854 263727
November 2031 246765 223076 270454
December 2031 249771 233286 266256
Luther Housing Market Forecast with Real Estate Prices for 2032
January 2032 250061 230306 269816
February 2032 249902 234908 264896
March 2032 249868 227130 272606
April 2032 249685 230459 268911
May 2032 250087 226829 273345
June 2032 250191 225672 274710
July 2032 249504 230292 268716
August 2032 248064 230700 265429
September 2032 248799 232876 264722
October 2032 249626 226910 272342
November 2032 251486 235894 267079
December 2032 252363 229146 275580
Luther Housing Market Forecast with Real Estate Prices for 2033
January 2033 255349 231346 279352
February 2033 257213 233807 280620
March 2033 258215 239881 276548
April 2033 257378 239105 275652
May 2033 257103 234221 279986
June 2033 256434 239510 273359
July 2033 255486 242712 268261

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.