49656
Luther, Michigan.
Luther, Lake County, MI · population 1,908
to buy the typical home at today's mortgage rate — +$545 (+159%) since Jan 2020.
- 1 year
- Up $8,506 +5%
- $160,652$169,158 since Sep 2025
- 5 years
- Up $31,843 +23%
- $137,315$169,158 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 49656$888
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in zip 49656 rose 5.3% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Luther, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 49656
Mid-tier homes, smoothed and seasonally adjusted.
- 49656$169,158
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 10.3 | 49623 | Chase | 986 | — | $203,068 |
| 11.7 | 49644 | Irons | 1,715 | — | $199,485 |
| 13.0 | 49655 | Leroy | 3,383 | — | $208,797 |
| 13.2 | 49304 | Baldwin | 5,408 | — | $149,527 |
| 13.3 | 49677 | Reed City | 7,028 | — | $201,354 |
| 13.5 | 49688 | Tustin | 2,508 | — | $237,633 |
| 15.4 | 49689 | Wellston | 1,731 | — | $169,277 |
| 15.6 | 49601 | Cadillac | 22,092 | — | $236,103 |
| 16.3 | 49638 | Harrietta | 913 | — | $200,228 |
| 17.9 | 49618 | Boon | 798 | — | $256,882 |
| 18.3 | 49402 | Branch | 1,411 | — | $210,254 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.