Loretto, PA—15940
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Loretto, PA
Loretto, PA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Loretto, PA
Loretto, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Loretto, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Loretto, PA is 131. This is a decrease of -36.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $449,000 | -15.0% |
Listing Count | 2 | 25.0% |
| Listings as % of Homes | N/A | 25.0% |
Days on Market | 131 | -36.0% |
Demographics — Loretto, PA
As of the latest ACS Survey released in 2023, Loretto, PA has a population of 3,820, which has decreased by -4.9% over the past 5 years. Loretto, PA is a less popular place for families, as children make up 8.7% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,820 | -4.9% |
% Under 18 | 8.7% | -8.4% |
% Seniors | 11.1% | 56.3% |
% WFH | 4.6% | 21.1% |
% w/ College Degree | 18.9% | -11.7% |
As of the latest ACS Survey released in 2023, Loretto, PA is a predominantly white area, with 79.6% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Loretto, PA is black, making up 11.4% of the population. Foreign-born residents account for 3.2% of the population in Loretto, PA, and this percentage has decreased by 36.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.6% | -0.7% |
% Black | 11.4% | -1.7% |
% Hispanic | 5.1% | -22.7% |
% Asian | 0.5% | -16.7% |
% Foreign Born | 3.2% | -36.0% |
Mortgage and Risk — Loretto, PA
According to HUD data as of 2023, there were 34 mortgage originations in Loretto, PA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Loretto, PA. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Loretto, PA
Loretto, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | N/A | N/A | $1,170 |
| 3 Bedroom | N/A | N/A | $1,580 |
| 4 Bedroom | N/A | N/A | $1,720 |
Affordability — Loretto, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $86,200 |