The median home value in Loretto, TN is $288,000. This is higher than the county median home value of $98,400. The national median home value is $219,700. The average price of homes sold in Loretto, TN is $288,000. Approximately 68.83% of Loretto homes are owned, compared to 24.44% rented, while 6.73% 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, Tennessee has a population of 1,906. Loretto is less family-centric than the surrounding county with 22.89% of the households containing married families with children. The county average for households married with children is 30.26%.
The median household income in Loretto, Tennessee is $43,529. The median household income for the surrounding county is $41,522 compared to the national median of $57,652. The median age of people living in Loretto is 50.8 years.
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 26.4 degrees. The average rainfall is approximately 57.2 inches per year, with 4 inches of snow per year.