Ideal location adjacent to commercial within less than a mile from Hwy 55. Seller will work with buyer on the process of rezoning.
The median home value in Loretto, MN is $360,000. This is higher than the county median home value of $342,800. The national median home value is $338,100. The average price of homes sold in Loretto, MN is $360,000. Approximately 80.78% of Loretto homes are owned, compared to 19.22% rented, while 0% 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, Minnesota has a population of 727. Loretto is more family-centric than the surrounding county with 38.38% of the households containing married families with children. The county average for households married with children is 33.3%.
The median household income in Loretto, Minnesota is $92,813. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Loretto is 40.8 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 3 degrees. The average rainfall is approximately 30 inches per year, with 46.5 inches of snow per year.