Unshakable ZIP Data 49656 | Luther, MI Housing Market
Luther · Lake County · Michigan · Data updated June 19, 2026
The median sale price in ZIP 49656, Luther, Michigan is $208,938 at $192 per square foot. 6 single-family homes sold in the latest period, down 11.8 percent from a year earlier. Homes sit a median of 153 days on market with 10.1 months of supply. Sellers are getting 97.2 percent of list price and 0.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $175,638 | |
| Average price per sq ft | $161 | |
| Median sale price | $208,938 | |
| Median sale price per sq ft | $192 | |
| Median home size | 1,090 sq ft | |
| Median new listing price | $220,565 | +76.5% |
| National size rank | 18,849 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 6 | -11.8% |
| Median days on market | 153 days | |
| Months of supply | 10.1 months | |
| New listings | 16 | +25.0% |
| Active listings | 23 | +1.3% |
| Pending sales | 6 | -44.7% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 97.2% | -1.9 pts |
| Share sold above list | 0.0% | 0.0 pts |
These figures describe the single-family market for Luther, Michigan ZIP 49656. They are market context, not a substitute for sold comps or a formal appraisal.