| Index | Luther | Michigan | National |
| Median home price | $56,400 | $127,800 | $184,700 |
| Median rent asked | $735 | $799 | $949 |
| Avg. people per household | 3.0 | 2.5 | 2.6 |
| Owner occupied households | 76.7% | 70.8% | 63.6% |
| Renter occupied households | 23.3% | 29.2% | 36.4% |
| Index | Luther | Michigan | National |
| Zillow home value index | n/a | $132,300 | $196,500 |
| Year over year appreciation rate | n/a | 7.91% | 6.79% |
| 5 year average appreciation rate | n/a | 8.20% | 5.28% |
| 10 year average appreciation rate | n/a | -0.30% | 0.01% |
| City, State | Population | Home Price | National Avg. |
| Wellston, MI | 262 | $47,000 | 75% |
| Baldwin, MI | 1,441 | $59,500 | 68% |
| Reed City, MI | 2,715 | $64,200 | 65% |
| Cadillac, MI | 10,380 | $73,800 | 60% |
| Le Roy, MI | 352 | $75,700 | 59% |
| Luther, MI | 363 | $56,400 | 69% |
| City, State | Population | Home Price | National Avg. |
| Armington, IL | 363 | $75,700 | 59% |
| Branch, AR | 363 | $59,200 | 68% |
| Lost Lake Woods, MI | 363 | $138,200 | 25% |
| Reeltown, AL | 363 | $92,500 | 50% |
| Shidler, OK | 363 | $35,000 | 81% |
| Luther, MI | 363 | $56,400 | 69% |