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

Luther is currently a seller's market with 0 months of supply. Homes are selling at 100% of list price. The Ridley Sell Score for Luther is 55/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Luther?

The median home price in Luther is $60,000. The median price per square foot is $45. Homes sell in a median of 245 days with a sale-to-list ratio of 100%.

How much does it cost to sell a home in Luther, Montana?

On a $60,000 home in Luther, a traditional listing agent charges around $1,800 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $4,800 or more. With Ridley Essentials ($999) you save $801, and with Ridley Pro ($3,499) you save -$1,699 while getting full agent support.

How does Ridley's flat fee compare to a traditional Luther agent?

A traditional Luther listing agent typically charges 3% of the sale price — about $1,800 on a $60,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $801–-$1,699 compared to a traditional agent.

How long does it take to sell a home in Luther?

The median home in Luther currently spends 245 days on the market before going under contract. At a 100% sale-to-list ratio, sellers are getting very close to or above asking price.

Do I need a real estate agent to sell in Montana?

No. Montana does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $60,000 home, that could save you up to -$1,699.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Montana. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $1,800 commission.

National/Montana

Luther, MT

Is Now a Good Time to Sell in Luther, Montana?

The median home in Luther sells for $60,000. The average seller pays $1,800 in commissions — Ridley’s flat fee saves you -$1,699.

Luther Real Estate Market Conditions — March 2026

55out of 100

Ridley Sell Score

How it's scored →

Moderate

55/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Luther market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

0 months of supply — well below the 5-month balanced threshold — 100% below the Montana average of 4.4.

Price MomentumNeutral

Prices flat 0% year-over-year — vs. +5.4% statewide.

Seller LeverageFavors sellers

Homes selling at 100% of asking — sellers are getting 0% above list on average. Montana average is 99.6%.

Bidding ActivityFavors buyers

0% of homes selling above list price — the Montana average of 0%.

Sale SpeedFavors buyers

245 median days on market — 123 days slower than the Montana average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 11.9% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Montana average is 10.7%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$60,000

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

245

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$45

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

100%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

12-Month Price Trend

$349,500 → $60,000

▼82.8%

$300K$200K$100K

AprJunAugOctDecFebMar

Data updated March 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Luther — delivered monthly.

Your savings

How much can you save selling your home in Luther?

The average Luther homeowner saves -$1,699 by selling with Ridley instead of paying the traditional 3% listing commission on a $60,000 home.

$0Estimated savings

That covers your moving costs — save -2.8% of your home value

Your Luther home value

$60,000

$50,000$10M

Traditional Agent (3%)

$1,800

Ridley Pro (flat fee)

$3,499

Ready to sell in Luther?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Luther?

The total cost to sell a house in Luther in 2026 ranges from $999 with Ridley Essentials to approximately $1,800 with a traditional 3% commission on a $60,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$1,800	$3,499	$999	$0
Buyer agent	$1,6802.8% avg	$1,200~2% avg	$1,200~2% avg	$1,6802.8% avg
Closing costs (~1.5%)	$900	$900	$900	$900
Total cost	$4,380	$5,599	$3,099	$2,580
Net proceeds	$55,620	$54,401	$56,901	$57,420
You save	—	-$1,699	$801	$1,800No support