Luther, IA Housing Market

Homes for sale

The median sale price of a home in Luther was $234K last month, up 70.8% since last year.

Trends
Demand
Migration
Schools
Climate

Luther Housing Market Trends

What is the housing market like in Luther today?

In August 2020, Luther home prices were up 70.8% compared to last year, selling for a median price of $234K.

$230K

Sale Price

$207

Sale $/Sq. Ft.

Over List Price

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Luther and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Luther add value to a home.

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Luther Migration & Relocation Trends

In Sep '24 - Nov '24, 34% of Luther homebuyers searched to move out of Luther, while 66% looked to stay within the metropolitan area.

Where are people moving to Luther from?

Across the nation, 0.11% of homebuyers searched to move into Luther from outside metros.
Washington homebuyers searched to move into Luther more than any other metro followed by Chicago and Miami.

Where are people from Luther moving to?

66% of Luther homebuyers searched to stay within the Luther metropolitan area.
Minneapolis was the most popular destination among Luther homebuyers followed by Phoenix and Sarasota.

Number of People Moving to Luther

least

most

People are moving to Luther from

Inbound		Net inflow
Metros		Sep '24 - Nov '24
1	Washington, DC	96
2	Chicago, IL	67
3	Miami, FL	57
4	Los Angeles, CA	56
5	Omaha, NE	54
6	Denver, CO	47
7	Seattle, WA	37
8	Albuquerque, NM	35
9	Kansas City, MO	30
10	San Francisco, CA	17

People are leaving Luther for

Outbound		Net outflow
Metros		Sep '24 - Nov '24
1	Minneapolis, MN	29
2	Phoenix, AZ	21
3	Sarasota, FL	8
4	Virginia Beach, VA	8
5	Nashville, TN	6
6	Tampa, FL	5
7	Cape Coral, FL	5
8	Charlotte, NC	5
9	Philadelphia, PA	4
10	Detroit, MI	4

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Luther that sold recently

Recently sold homes

SOLD NOV 12, 2024
$230,000 Last Sold Price
3 beds
2 baths
1,110 sq ft
503 5th Ave, Luther, IA 50152
List Price
$230,000
Sale to List
0% over list
Days on Market
39 days
503 5th Ave, Luther, IA 50152

Schools in Luther

Learn about schools in the Luther area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Luther housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Luther.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

92% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Luther

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