Loretto, TN

Leaning buyer's-10.4% YoY

Housing market overview · Updated weekly

$215,000median sale price

Homes sold

3

Last 12 weeks

Days on market

36

Average pace

Active listings

14

4.7 months supply

Sale-to-list

92.9%

Below asking

The Loretto housing market is currently classified as a leaning buyer's with a median sale price of $215,000. Prices have fallen 10.4% compared to last year, with homes spending an average of 36 days on market, indicating 4.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Loretto

There are currently 14 homes listed for sale in Loretto, Tennessee. The median listing price is $189K.

Active listings

14

Homes on market

Median list price

$189K

Avg. days on market

36

Days until sale

New this week

3

Newly listed

Price drops:7.1%of listings
Sale-to-list:92.9%

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Frequently asked questions

What is the average home price in Loretto?

The median home sale price in Loretto is $215,000, down 10.4% from last year.

How long do homes stay on market in Loretto?

Homes typically spend 36 days on market before going under contract.

Is Loretto a buyer's or seller's market?

With 4.7 months of supply, Loretto is currently a leaning buyer's.

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