Zip 73054 (Luther, OK) Housing

The housing market in 73054 Luther, OK shows great promise with a median home value of $212,000. This is significantly lower than the US median home value of $338,100 and offers buyers a great opportunity for potential home appreciation. In fact, the 1 year house appreciation rate in 73054 Luther, OK is 11.89%, which is higher than the US average of 8.27%. Given this level of appreciation, along with current market conditions, buying a home in this area could be a strong investment for those looking to own property in the region.

The median home cost in Luther (zip 73054) is $212,000. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Luther (zip 73054) is up 17.4%.

Average Age of Homes

- The median age of Luther (zip 73054) real estate is 23 years old

The Rental Market in Luther (zip 73054)

- Renters make up 15.8% of the Luther (zip 73054) population
- 0.9% of houses and apartments in Luther (zip 73054), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Luther, Oklahoma	United States
	1,890.0	139,647,020.0
	23	42
	$212,000	$338,100
	17.4%	16.6%
	47.7%	57.0%
	72.0%	101.1%
	$10.83	$10.98
	$577	$2,690
	83.0%	57.4%
	8.1%	11.2%
	8.9%	31.4%
Vacant Housing
	0.9%	1.9%
	0.2%	0.4%
	0.5%	0.7%
	0.7%	0.4%
	0.2%	3.6%
	5.7%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	10.0%	2.4%
	4.0%	2.8%
	6.0%	3.9%
	4.1%	4.5%
	14.2%	11.3%
	14.3%	13.0%
	25.5%	20.1%
	8.6%	13.6%
	5.8%	8.3%
	2.2%	9.7%
	1.0%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	30.1%	13.6%
	30.1%	13.6%
	18.9%	13.6%
	15.7%	13.2%
	10.1%	14.8%
	18.9%	13.6%
	2.2%	10.0%
	0.6%	4.7%
	4.3%	12.2%

Reviews for Luther

See all (0)

Write a Review

Start Your Review of Luther

Commute

The premier source for comprehensive city data for over 30 years.