Home prices
The cost of the median home in Luther is $158,800. It is roughly $34,760 (28%) higher in comparison to the surrounding areas.It is about $58,700 (26%) lower in comparison to the nation as a whole, and it is is very similar compared to the city of Oklahoma City.
Rents
In Luther the median monthly rent is $900. In comparison to its nearby areas it is about $117 (14%) higher.It is approximately $162 (15%) lower in comparison to the rest of the country, and compared to the city of Oklahoma City it is approximately $29 (3%) higher.
Nearby places
Wellston
Wellston is approximately 6 miles east of Luther. The real estate prices there are significantly less expensive. The price of the median home in Wellston is $89,300, which is $69,500 (77%) lower than Luther. Its rents are a little less expensive. Wellston's median rent is $721 per month, which works out to $179 (24%) lower than Luther.
Arcadia
Arcadia is about 6 miles west of Luther. Real estate prices there are significantly less expensive. The price of the median home in Arcadia is $78,300, which comes out to $80,500 (102%) lower than Luther. Rents there are significantly less expensive. In Arcadia the median monthly rent is $650, which comes out to $250 (38%) lower than Luther.
Jones
Jones is approximately 8 miles southwest from Luther. The housing prices there are a little less expensive. Jones's median home value is $132,300, which comes out to $26,500 (20%) lower than Luther. Rents there are a little less expensive. The median monthly rent in Jones is $745, which comes out to $155 (20%) lower than Luther.
Edmond
Edmond is about 11 miles west from Luther. Housing prices there are a lot more expensive. The median home in Edmond costs $240,600, which works out to $81,800 (33%) higher than Luther. Rent there is somewhat more expensive. In Edmond the median rent is $1,047 per month, which is $147 (14%) higher than Luther.
Carney
Carney is roughly 13 miles northeast from Luther. Real estate prices there are a lot less expensive. The median home in Carney costs $79,700, which is $79,100 (99%) lower than Luther. Rent there is a bit less expensive. The median rent in Carney is $754 a month, which is $146 (19%) lower than Luther.
