The median home value in Loretto, MI is $85,100. This is lower than the county median home value of $124,000. The national median home value is $338,100. The average price of homes sold in Loretto, MI is $85,100. Approximately 62.79% of Loretto homes are owned, compared to 3.49% rented, while 33.72% are vacant. Loretto real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Loretto real estate agent to arrange a tour today!
Loretto, Michigan has a population of 105. Loretto is more family-centric than the surrounding county with 23.81% of the households containing married families with children. The county average for households married with children is 21.74%.
The median household income in Loretto, Michigan is $51,563. The median household income for the surrounding county is $54,775 compared to the national median of $69,021. The median age of people living in Loretto is 43.3 years.
The average high temperature in July is 80.2 degrees, with an average low temperature in January of 3.4 degrees. The average rainfall is approximately 28.5 inches per year, with 63.4 inches of snow per year.