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Featured local agent — Lorane, PA
Sarah Mitchell
Compass Real Estate · Lorane, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lorane, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$332,500median sale price
How is the Lorane, PA housing market right now?
The median home sale price in Lorane, PA is $332,500, up 3.9% year-over-year. Homes sell in an average of 5 days with 5 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lorane a buyer's or seller's market?
Lorane, PA is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
5
Fast-moving
Active listings
5
1.7 months supply
Sale-to-list
107.0%
Above asking
What does the Lorane housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $332,500 |
| Median list price | $335,000 |
| Year-over-year price change | +3.9% |
| Average days on market | 5 days |
| Active inventory | 5 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 107.0% |
| Median price per sq ft | $200/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 5 |
| Listings with a price cut | 40.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lorane by property type?
How the Lorane, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $366,200 | $229/sq ft | 2 | 6 days |
| Townhouse | $330,000 | $161/sq ft | 1 | 3 days |
Source: Redfin · Updated monthly
The Lorane housing market is currently classified as a strong seller's market with a median sale price of $332,500. Prices have risen 3.9% compared to last year, with homes spending an average of 5 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lorane
There are currently 5 homes listed for sale in Lorane, Pennsylvania. The median listing price is $335K.
Active listings
5
Homes on market
Median list price
$335K
Avg. days on market
5
Days until sale
New this week
5
Newly listed
Who lives in Lorane?
Population
4,633
Median income
$86,064/yr
Median age
43.3 years
Owner-occupied
79.9%
College grads
31.8%
Avg commute
24.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Lorane?
Lorane is a community of approximately 5K residents with a median age of 43.3 years.The median household income is $86,064, which reflects a relatively affluent area with strong earning potential. 31.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lorane offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lorane, PA?
Want a head-to-head view? Compare Lorane side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lorane?
The median home sale price in Lorane is $332,500, up 3.9% from last year.
How long do homes stay on market in Lorane?
Homes typically spend 5 days on market before going under contract.
What is the median income in Lorane?
The median household income is $86,064 per year.
Is Lorane a buyer's or seller's market?
With 1.7 months of supply, Lorane is currently a strong seller's market.
How much does a single-family home cost in Lorane?
The median single-family home price in Lorane, PA is $366,200 (about $229 per square foot).
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