The median home value in Loraine, TX is $33,700. This is lower than the county median home value of $71,800. The national median home value is $219,700. The average price of homes sold in Loraine, TX is $33,700. Approximately 59.86% of Loraine homes are owned, compared to 18.64% rented, while 21.51% are vacant. Loraine 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 Loraine real estate agent to arrange a tour today!
Loraine, Texas has a population of 478. Loraine is more family-centric than the surrounding county with 33.82% of the households containing married families with children. The county average for households married with children is 26.22%.
The median household income in Loraine, Texas is $43,068. The median household income for the surrounding county is $52,194 compared to the national median of $57,652. The median age of people living in Loraine is 44.5 years.
The average high temperature in July is 95 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 22.8 inches per year, with 1.7 inches of snow per year.