Current Price

$136,109

1 Month Forecast

â–² $167,138

1-Year Forecast *

â–² $184,184

5-Year Forecast *

â–² $214,499

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Luther" area is 214,499 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +57.59% meaning that investing 100000 USD today may yield a profit of 57,593 USD by 2031.

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: 2026-2032

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: $184,184* (upside of 35.3%)

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 $63,729 $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 184,184 USD in one year.

Is it profitable to invest in Luther homes?

Yes. The long-term profit potential is +35.32% 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 199,186 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 259,172 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 16.752% to 136,109 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 35.581% in 2021
  • 36.751% in 2022
  • 36.161% in 2023
  • 36.661% in 2024
  • 36.691% in 2025
  • 35.401% in 2026

Based on our Luther real estate market research and report the predicted sales prices will increase by 1,958.942% in the next 10 years.

Over the last 12 months, the value of homes in Luther fluctuated: increasing 3 times and decreasing 1 times.

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

Below you will find the price predictions for 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 167138 153767 180509
September 2025 169597 158742 180451
October 2025 172091 156087 188096
November 2025 174622 162049 187195
December 2025 176299 160079 192518
Luther Housing Market Forecast with Real Estate Prices for 2026
January 2026 176405 159117 193693
February 2026 175749 160986 190512
March 2026 176068 164624 187512
April 2026 176290 160953 191627
May 2026 178883 160994 196771
June 2026 181514 169534 193494
July 2026 184184 172580 195787
August 2026 186427 175055 197799
September 2026 186644 177125 196163
October 2026 186525 170111 202939
November 2026 186499 173444 199554
December 2026 186363 172572 200154
Luther Housing Market Forecast with Real Estate Prices for 2027
January 2027 186663 170797 202529
February 2027 186741 168627 204855
March 2027 186228 170212 202243
April 2027 185153 175155 195152
May 2027 185702 169546 201858
June 2027 186319 170482 202156
July 2027 187708 169688 205728
August 2027 188362 174235 202489
September 2027 190591 176106 205075
October 2027 191982 181231 202733
November 2027 192729 176155 209304
December 2027 192105 175968 208242
Luther Housing Market Forecast with Real Estate Prices for 2028
January 2028 191900 179043 204757
February 2028 191401 172261 210541
March 2028 190693 176582 204804
April 2028 189373 174602 204144
May 2028 188181 175761 200601
June 2028 187040 174135 199946
July 2028 186845 175447 198242
August 2028 187469 176596 198342
September 2028 188493 171341 205646
October 2028 189756 179889 199624
November 2028 190875 173505 208244
December 2028 192170 182370 201971
Luther Housing Market Forecast with Real Estate Prices for 2029
January 2029 192948 175197 210700
February 2029 193262 175675 210849
March 2029 192982 175807 210158
April 2029 192814 179895 205732
May 2029 195650 181563 209736
June 2029 197363 179009 215718
July 2029 199186 187235 211137
August 2029 200159 189151 211168
September 2029 200447 180803 220090
October 2029 200357 187334 213380
November 2029 200668 186622 214715
December 2029 203620 192624 214615
Luther Housing Market Forecast with Real Estate Prices for 2030
January 2030 206615 192771 220458
February 2030 209654 197913 221394
March 2030 212737 196569 228905
April 2030 214780 202967 226592
May 2030 214909 199221 230598
June 2030 214110 196981 231238
July 2030 214499 199698 229299
August 2030 214769 203816 225722
September 2030 217928 201801 234054
October 2030 221133 205212 237055
November 2030 224386 210025 238746
December 2030 227119 212129 242109
Luther Housing Market Forecast with Real Estate Prices for 2031
January 2031 227383 215332 239434
February 2031 227238 212013 242463
March 2031 227207 215846 238567
April 2031 227041 207742 246339
May 2031 227406 208759 246054
June 2031 227501 207481 247521
July 2031 226876 206911 246841
August 2031 225567 203913 247222
September 2031 226235 205195 247275
October 2031 226987 207012 246962
November 2031 228679 215873 241485
December 2031 229476 206987 251965
Luther Housing Market Forecast with Real Estate Prices for 2032
January 2032 232191 211294 253088
February 2032 233886 216579 251194
March 2032 234797 218126 251467
April 2032 234036 215548 252525
May 2032 233786 213213 254360
June 2032 233178 209860 256496
July 2032 232316 216518 248113

> 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.