Home prices
Loraine's median home cost is $26,300. It is roughly $42,200 (61%) lower compared to other places in this area.Compared to the country as a whole it is approximately $191,200 (87%) lower, and in comparison to the city of Abilene is about $94,100 (78%) lower.
Rents
The median monthly rent in Loraine is $580. It is roughly $152 (20%) lower compared to the surrounding areas.It is roughly $482 (45%) lower compared to the rest of the country, and it is roughly $344 (37%) lower in comparison to the city of Abilene.
Nearby places
Colorado City
Colorado City is roughly 7 miles west from Loraine. Its real estate prices are significantly more expensive. The median home cost in Colorado City is $65,200, which is $38,900 (59%) higher than Loraine. Rent there is a bit more expensive. The median monthly rent in Colorado City is $670, which works out to $90 (13%) higher than Loraine.
Roscoe
Roscoe is about 9 miles east from Loraine. Its real estate prices are substantially more expensive. Roscoe's median home price is $69,900, which is $43,600 (62%) higher than Loraine. Rents there are somewhat more expensive. The median monthly rent in Roscoe is $715, which comes out to $135 (18%) higher than Loraine.
Sweetwater
Sweetwater is roughly 16 miles east from Loraine. Its real estate prices are significantly more expensive. The median home price in Sweetwater is $68,100, which is $41,800 (61%) higher than Loraine. Its rents are somewhat more expensive. In Sweetwater the median rent is $691 a month, which is $111 (16%) higher than Loraine.
Hermleigh
Hermleigh is about 17 miles north of Loraine. Housing prices there are significantly more expensive. Hermleigh's median home value is $60,000, which works out to $33,700 (56%) higher than Loraine. The rent there is a bit more expensive. The median monthly rent in Hermleigh is $821, which comes out to $241 (29%) higher than Loraine.
Snyder
Snyder is about 24 miles northwest of Loraine. The housing prices there are substantially more expensive. Snyder's median home value is $79,300, which works out to $53,000 (66%) higher than Loraine. The rent there is a bit more expensive. In Snyder the median rent is $763 per month, which is $183 (23%) higher than Loraine.
