Home prices
Loraine's median home price is $86,800. In comparison to other places in this area it is about $13,160 (17%) higher.In comparison to the country as a whole it is roughly $130,700 (60%) lower, and is about $29,500 (25%) lower in comparison to the city of Quincy.
Rents
In Loraine the median rent is $618 per month. It is roughly $26 (4%) lower compared to the surrounding areas.It is about $444 (41%) lower in comparison to the country as a whole, and is roughly $92 (12%) lower in comparison to the city of Quincy.
Nearby places
Mendon
Mendon is approximately 5 miles southwest of Loraine. Its housing prices are fairly similar. The median home cost in Mendon is $89,900, which comes out to $3,100 (3%) higher than Loraine. The rent there is somewhat more expensive. Mendon's median monthly rent is $779, which is $161 (20%) higher than Loraine.
West Point
West Point is about 7 miles north of Loraine. Its real estate prices are substantially less expensive. West Point's median home cost is $39,300, which is $47,500 (120%) lower than Loraine. Rents there are a lot less expensive. In West Point the median rent is $325 a month, which works out to $293 (90%) lower than Loraine.
Coatsburg
Coatsburg is about 8 miles south from Loraine. Its real estate prices are somewhat less expensive. The median home value in Coatsburg is $78,000, which works out to $8,800 (11%) lower than Loraine. Rent there is substantially more expensive. In Coatsburg the median monthly rent is $925, which works out to $307 (33%) higher than Loraine.
Ursa
Ursa is roughly 8 miles southwest from Loraine. The housing prices there are somewhat more expensive. The value of the median home in Ursa is $105,300, which comes out to $18,500 (17%) higher than Loraine. Its rents are pretty similar. The median rent in Ursa is $633 a month, which is $15 (2%) higher than Loraine.
Bowen
Bowen is roughly 8 miles northeast from Loraine. Its housing prices are significantly less expensive. The median home in Bowen is valued at $55,700, which is $31,100 (55%) lower than Loraine. The rent there is somewhat less expensive. In Bowen the median rent is $558 per month, which works out to $60 (10%) lower than Loraine.
