Loraine, IL Home Values & Market Trends
Real estate market trends reflect that there have been 6 transactions over the past year in Loraine. The median value for residential home transactions that occurred over the previous year is $86,560. The number of current listings in Loraine is 1, and the percentage of properties for sale in the city is 1.00%. Loraine, IL currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.
Loraine, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62349 | $ 91,275 $ 96/sqft |
Housing Market Summary for Loraine, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $0 | $199.3K | - |
| Median Sold Price | $78,000 | $199.3K | 155.56% |
| Homes For Sale | 0 | 1 | - |
| Homes Sold | 6 | 3 | -50.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Loraine, IL
Browse Homes in Loraine, IL
Loraine home values range from $24,048 to $390,160. The median estimated value of a home in Loraine is $86,560. The median list price of a home is 89,900, and the total count of properties in the city is 198.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Loraine, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Loraine, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Loraine, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Loraine, IL. There is 1 zips within Loraine, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Loraine, IL. Auction homes and other auction properties account for 0% of all properties in Loraine, IL. There is 1 zips within Loraine, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for Loraine, IL
Guide for Loraine, IL
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