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Featured local agent — Loretto, PA
Sarah Mitchell
Compass Real Estate · Loretto, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Loretto, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$280,000median sale price
How is the Loretto, PA housing market right now?
The median home sale price in Loretto, PA is $280,000. Homes sell in an average of 26 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of September 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Loretto a buyer's or seller's market?
Loretto, PA is currently a leaning buyer's and homes selling in about 26 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
26
Average pace
Active listings
—
Sale-to-list
83.6%
Below asking
What does the Loretto housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $280,000 |
| Average days on market | 26 days |
| Sale-to-list price ratio | 83.6% |
| Median price per sq ft | $121/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Loretto by property type?
How the Loretto, 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 | $280,000 | $121/sq ft | 1 | 26 days |
Source: Redfin · Updated monthly
The Loretto housing market is currently classified as a leaning buyer's with a median sale price of $280,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 26 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Loretto
Explore homes currently listed for sale in Loretto, Pennsylvania across major real estate platforms.
Who lives in Loretto?
Population
1,370
Median income
$61,591/yr
Median age
20.5 years
Owner-occupied
71.2%
College grads
52.8%
Avg commute
13.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Loretto?
Loretto is a community of approximately 1K residents with a median age of 20.5 years.The median household income is $61,591, which represents a working-class community with solid middle-income opportunities. 52.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 71.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 13.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Loretto offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Loretto, PA?
Want a head-to-head view? Compare Loretto side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Loretto?
The median home sale price in Loretto is $280,000, down 0.0% from last year.
How long do homes stay on market in Loretto?
Homes typically spend 26 days on market before going under contract.
What is the median income in Loretto?
The median household income is $61,591 per year.
How much does a single-family home cost in Loretto?
The median single-family home price in Loretto, PA is $280,000 (about $121 per square foot).
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