Luther
Solid value in a growing area
Median $153K·Walkability 2.8/10
What surprises people about this stretch is that it's genuinely rural—five acres of woods and field, river frontage on the Little Manistee, hilltop views, and enough breathing room that a polebarn or two feels normal rather than out of place. The homes here run the gamut from updated ranches to mobile homes on recorded lots, many sitting on acreage that lets you actually see trees and sky. You'll find manufactured homes with open floor plans and newer finishes alongside older farmhouses that need work, properties with direct river access where trout fishing is part of the daily rhythm, and enough elbow room that your nearest neighbor isn't checking your fence line.
Why people love it here
$153K median
- 4 sales in last 12mo
Conventional Mortgage Calculator
Median home price in Luther
Estimated Monthly Payment
$1,040/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
4 homes sold in Luther this year. Thinking of selling?
See what your home is worthWalkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
North Bar
Triangle Park
Rockwell Lake
Little Manistee Motorcycle Trail
Crime in Luther is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Lake County.
Lake County crime & safety stats →To buy a median-priced Luther home (around $153,200) at today's 6.66% 30-year fixed rate with 20% down, you'd need roughly $28k/year in household income to qualify — an estimated monthly payment of $1,033 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,033/mo | $27,539 |
| 10% (+PMI) | $1,189/mo | $31,697 |
| 5% (+PMI) | $1,241/mo | $33,094 |
Estimates use a 6.66% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Solar potential
~$894/yr in electricity from a typical rooftop solar system
Produces ~6,258 kWh/yr · offsets ~60% of a typical home's use
Private well
Based on assessor parcel records
Septic (individual)
Based on assessor parcel records
Utility, solar, and service details for Luther are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Luther? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Luther
- What do homes cost in Luther?
- The median home value in Luther is about $153,200. Individual prices vary by street, size, and condition.
- How active is the Luther housing market?
- there are 5 homes for sale in Luther right now, and 4 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Luther?
- Luther is served by Pine River Area Schools.
- Is Luther walkable?
- Luther scores 2.8/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Luther
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