Loretto MI Multi Family for Sale

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Loretto Real Estate

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.

Loretto Weather

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.

Loretto Real Estate Market Conditions

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  • # Active listings

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Loretto Schools and Demographics

Education near Loretto, MI

Metric City County
High School Graduates 96.55 95.66
College Degree - 2 year 16.09 13.63
College Degree - 4 year 22.99 23.53
Graduate Degree 17.24 5.74
Expenditures per Student 10,823 10,823
Students per Teacher 17.3 17.3

Elementary Schools near Loretto, MI

School Grades Students P/T Ratio ZIP
North Central Elementary School PK - 06 189 16.4 49847
North Elementary School PK - 03 204 14.8 49801
Norway Elementary School PK - 04 256 15.5 49870
Woodland Elementary School PK - 05 801 18.1 49802

Middle Schools near Loretto, MI

School Grades Students P/T Ratio ZIP
Central Middle School 07 - 08 131 17.6 49801
East Elementary School 04 - 06 174 16.3 49801
Kingsford Middle School 06 - 08 427 20.7 49802
Vulcan Middle School 05 - 08 231 22.4 49870

High Schools near Loretto, MI

School Grades Students P/T Ratio ZIP
Iron Mountain High School 09 - 12 308 23.7 49801
Kingsford High School 09 - 12 562 22.2 49802
Norway High School 09 - 12 231 19.5 49870

Ungraded Schools near Loretto, MI

School Grades Students P/T Ratio ZIP
Dickinson-Iron Special Education 01 - 12 52 5.4 49802
IM-K Community Education 01 - 12 123 20.6 49801

Demographics near Loretto, MI

Metric City County
Neighborhood Type Small town
Population 105 25,954
Population Density 443 34
Median Age 43.3 47.3
People per Household 2.4 2.2
Median Household Income 51,563 54,775
Average Income per Capita 38,031 32,101