Home prices
The median home price in Loretto is $94,000. This is about $5,300 (5%) lower compared to nearby areas.It is about $123,500 (56%) lower compared to the entire nation, and it is approximately $88,900 (48%) lower in comparison to the city of Huntsville.
Rents
The median rent in Loretto is $638 a month. It is about $57 (9%) higher compared to its surrounding areas.In comparison to the rest of the nation it is approximately $424 (39%) lower, and in comparison to the city of Huntsville is about $189 (22%) lower.
Nearby places
St. Joseph
St. Joseph is approximately 4 miles southwest of Loretto. Its housing prices are a little less expensive. St. Joseph's median home cost is $74,200, which is $19,800 (26%) lower than Loretto. Rents there are somewhat less expensive. The median rent in St. Joseph is $558 a month, which is $80 (14%) lower than Loretto.
Lexington
Lexington is roughly 8 miles south of Loretto. Its housing prices are somewhat more expensive. The median home in Lexington costs $115,400, which comes out to $21,400 (18%) higher than Loretto. Its rents are a little less expensive. In Lexington the median rent is $554 per month, which is $84 (15%) lower than Loretto.
Lawrenceburg
Lawrenceburg is about 13 miles northeast from Loretto. The housing prices there are somewhat more expensive. The value of the median home in Lawrenceburg is $101,500, which is $7,500 (7%) higher than Loretto. Rent there is similar. In Lawrenceburg the median rent is $613 a month, which is $25 (4%) lower than Loretto.
Minor Hill
Minor Hill is roughly 13 miles east of Loretto. Its real estate prices are a little less expensive. The median home in Minor Hill is valued at $85,300, which is $8,700 (10%) lower than Loretto. The rent there is a little more expensive. In Minor Hill the median rent is $679 a month, which is $41 (6%) higher than Loretto.
Anderson
Anderson is approximately 14 miles southeast from Loretto. Real estate prices there are a little more expensive. The median home cost in Anderson is $120,100, which is $26,100 (21%) higher than Loretto. The rent there is a little less expensive. Anderson's median rent is $500 a month, which comes out to $138 (27%) lower than Loretto.