Home/Loraine/Market Report

Loraine Housing Market Report

September 2026 • Updated daily from MLS data

$88,000
Average Price
1
Active Listings
3
Avg Days on Market
$93
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Loraine broken down by property type

1
Single Family
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0
Condo
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0
Townhouse
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0
Multifamily
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Price Distribution

How Loraine home prices are distributed across price ranges

Under $100K
1
1
$100K–$200K
0
$200K–$300K
0
$300K–$500K
0
$500K–$750K
0
$750K–$1M
0
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Loraine

0
1 Bed
1
2 Bed
0
3 Bed
0
4 Bed
0
5+ Bed

Demographics & Community

Census data for Loraine, Illinois

350
Population
$54,241
Median Household Income
57.1
Median Age
$80,700
Census Median Home Value

Housing Occupancy

Total Housing Units179
Owner-Occupied137 (86.2%)
Renter-Occupied22 (13.8%)
Vacant Units20
Median Rent$640/mo

Commute & Education

Median Commute139 min
Work From Home3.1%
0
Bachelor's Degree+6.6%
High School Diploma+13.4%

Affordability & Housing Costs

HUD data for the Loraine area

Fair Market Rent (2024)

Studio$593/mo
1 Bedroom$666/mo
2 Bedroom$875/mo
3 Bedroom$1,137/mo
4 Bedroom$1,165/mo

Income Limits (2024)

Median Family Income$88,800
Low Income (4-person)$71,050
Very Low Income (4-person)$44,400
Extremely Low (4-person)$31,200

School Districts

School districts serving Loraine properties

4

Featured Listings in Loraine

Top properties currently on the market

404 Oak
$88,000
2
949 sqft
404 Oak
Loraine, IL
View All Loraine Properties

Save $240 on the Average Loraine Home

Traditional agents charge 3% commission ($2,640). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.

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