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Featured local agent — Lorena, TX
Sarah Mitchell
Compass Real Estate · Lorena, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lorena, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$410,000median sale price
How is the Lorena, TX housing market right now?
The median home sale price in Lorena, TX is $410,000, down 11.5% year-over-year. Homes sell in an average of 62 days with 12 active listings. The market is currently a 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 Lorena a buyer's or seller's market?
Lorena, TX is currently a seller's market, based on 1.5 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
62
Average pace
Active listings
12
1.5 months supply
Sale-to-list
98.0%
Below asking
What does the Lorena housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $410,000 |
| Median list price | $280,000 |
| Year-over-year price change | -11.5% |
| Average days on market | 62 days |
| Active inventory | 12 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $192/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 5 |
| Listings with a price cut | 8.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lorena by property type?
How the Lorena, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $410,000 | $192/sq ft | 8 | 62 days |
Source: Redfin · Updated monthly
The Lorena housing market is currently classified as a seller's market with a median sale price of $410,000. Prices have fallen 11.5% compared to last year, with homes spending an average of 62 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Lorena
There are currently 12 homes listed for sale in Lorena, Texas. The median listing price is $280K.
Active listings
12
Homes on market
Median list price
$280K
Avg. days on market
62
Days until sale
New this week
5
Newly listed
Who lives in Lorena?
Population
1,506
Median income
$87,337/yr
Median age
36.1 years
Owner-occupied
77.1%
College grads
35.4%
Avg commute
20.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Lorena?
Zillow home value
$347,891
Zillow rent index
$2,300/mo
Price-to-rent ratio
12.6x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Lorena?
Lorena is a community of approximately 2K residents with a median age of 36.1 years.The median household income is $87,337, which reflects a relatively affluent area with strong earning potential. 35.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 77.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lorena offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lorena?
4 schools tracked · 1,856 students
The largest public schools serving Lorena, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
LORENA HIGH
Grades 9-12 · 553 students
LORENA EL
Grades 3-5 · 459 students
LORENA MIDDLE
Grades 6-8 · 431 students
LORENA PRI
Grades PK-2 · 413 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lorena, TX?
Want a head-to-head view? Compare Lorena side-by-side with any other U.S. city using our market-comparison tool.
Is Lorena a good real estate investment market?
For investors evaluating Lorena, the price-to-rent ratio of 12.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 11.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lorena's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lorena's median home price.
Frequently asked questions
What is the average home price in Lorena?
The median home sale price in Lorena is $410,000, down 11.5% from last year.
How long do homes stay on market in Lorena?
Homes typically spend 62 days on market before going under contract.
What is the median income in Lorena?
The median household income is $87,337 per year.
Is Lorena a buyer's or seller's market?
With 1.5 months of supply, Lorena is currently a seller's market.
What is the Zillow home value estimate for Lorena?
The Zillow Home Value Index (ZHVI) for Lorena is $347,891, representing the typical home value in the area.
How much does a single-family home cost in Lorena?
The median single-family home price in Lorena, TX is $410,000 (about $192 per square foot).
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