Luther IA Multi Family for Sale

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Luther Real Estate

The median home value in Luther, IA is $164,300. This is lower than the county median home value of $182,500. The national median home value is $338,100. The average price of homes sold in Luther, IA is $164,300. Approximately 74.03% of Luther homes are owned, compared to 14.29% rented, while 11.69% are vacant. Luther real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Luther real estate agent to arrange a tour today!

Luther, Iowa has a population of 177. Luther is less family-centric than the surrounding county with 9.62% of the households containing married families with children. The county average for households married with children is 31.32%.

The median household income in Luther, Iowa is $86,429. The median household income for the surrounding county is $70,984 compared to the national median of $69,021. The median age of people living in Luther is 52.8 years.

Luther Weather

The average high temperature in July is 84.4 degrees, with an average low temperature in January of 10.9 degrees. The average rainfall is approximately 36.6 inches per year, with 35 inches of snow per year.

Luther Real Estate Market Conditions

  • Median sales price

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  • # Active listings

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    30-day change

Luther Schools and Demographics

Education near Luther, IA

Metric City County
High School Graduates 96.45 94.15
College Degree - 2 year 13.48 15.04
College Degree - 4 year 16.31 25.61
Graduate Degree 2.13 4.73
Expenditures per Student 15,178 15,178
Students per Teacher 13.9 13.9

Elementary Schools near Luther, IA

School Grades Students P/T Ratio ZIP
Edwards Elementary School KG - 05 384 13.4 50014
Franklin Elementary School 02 - 04 394 14.2 50036
Lincoln Elementary School PK - 01 181 15.1 50036
Madrid Elementary School PK - 06 376 13.9 50156
Page Elementary School PK - 01 175 12.9 50036
United Community North PK - 01 137 17.1 50036
United Community South 02 - 06 137 14.2 50036

Middle Schools near Luther, IA

School Grades Students P/T Ratio ZIP
Ames Middle School 06 - 08 944 14.1 50014
Boone Middle School 05 - 08 571 12.4 50036
Madrid Junior High School 07 - 08 99 12.7 50156
Woodward-Granger Middle School 06 - 08 178 16.3 50276

High Schools near Luther, IA

School Grades Students P/T Ratio ZIP
Boone High School 09 - 12 702 13.6 50036
Madrid High School 09 - 12 218 13.4 50156
Woodward-Granger High School 09 - 12 216 12.5 50276

Ungraded Schools near Luther, IA

School Grades Students P/T Ratio ZIP
* Futures 09 - 12 48 48 50036
Woodward Academy 05 - 12 298 11.5 50276

Demographics near Luther, IA

Metric City County
Neighborhood Type Rural
Population 177 26,721
Population Density 301 47
Median Age 52.8 42.2
People per Household 2.6 2.5
Median Household Income 86,429 70,984
Average Income per Capita 35,611 36,145