Loraine, IL Housing Market

Homes for sale

The median sale price of a home in Loraine was $17K last month, down 91.0% since last year.

Trends
Demand
Migration
Schools
Climate

Loraine Housing Market Trends

What is the housing market like in Loraine today?

In February 2023, Loraine home prices were down 91.0% compared to last year, selling for a median price of $17K.

$97.5K

Sale Price

$72

Sale $/Sq. Ft.

Under List Price

12.6%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Loraine and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Loraine add value to a home.

Loraine Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Loraine that sold recently

Recently sold homes

SOLD FEB 21, 2025
$55,000 Last Sold Price
3 beds
2 baths
1,300 sq ft
502 S Paulton, Loraine, IL 62349
List Price
$69,900
Sale to List
21% under list
Days on Market
87 days
502 S Paulton, Loraine, IL 62349
SOLD JAN 22, 2025
$65,000
—beds
—baths
—sq ft
2873 E 1850th St, Loraine, IL 62349
List Price
—
Sale to List
—
Days on Market
—
2873 E 1850th St, Loraine, IL 62349
SOLD OCT 11, 2024
$160,000 Last Sold Price
3 beds
1.5 baths
1,339 sq ft
324 N Oak St, Loraine, IL 62349
List Price
$165,000
Sale to List
3% under list
Days on Market
64 days
324 N Oak St, Loraine, IL 62349
SOLD OCT 2, 2024
$35,000 Last Sold Price
2 beds
1 bath
1,300 sq ft
421 E Center St, Loraine, IL 62349
List Price
$45,000
Sale to List
22% under list
Days on Market
24 days
421 E Center St, Loraine, IL 62349

Schools in Loraine

Learn about schools in the Loraine area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Loraine housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Loraine.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Loraine

Zip Code Housing Markets

62351 Housing Market

Nearby City Housing Markets

Zip Code Listings

62351 Real Estate

Nearby City Listings

Rentals

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