Luther, IA

Balanced market

Housing market overview · Updated weekly

$295,000median sale price

Homes sold

1

Last 12 weeks

Days on market

260

Average pace

Active listings

2

2.0 months supply

Sale-to-list

90.8%

Below asking

The Luther housing market is currently classified as a balanced market with a median sale price of $295,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 260 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Luther

There are currently 2 homes listed for sale in Luther, Iowa. The median listing price is $150K.

Active listings

2

Homes on market

Median list price

$150K

Avg. days on market

260

Days until sale

New this week

1

Newly listed

Price drops:50.0%of listings
Sale-to-list:90.8%

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Frequently asked questions

What is the average home price in Luther?

The median home sale price in Luther is $295,000, down 0.0% from last year.

How long do homes stay on market in Luther?

Homes typically spend 260 days on market before going under contract.

Is Luther a buyer's or seller's market?

With 2.0 months of supply, Luther is currently a balanced market.

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