Loretto, KY—40037
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Loretto, KY
Loretto, KY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $231,000 | 12.8% |
| Single Family | $231,000 | 13.2% |
| 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 | $242,000 | 11.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Loretto, KY
Loretto, KY 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, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Loretto, KY is 50. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer 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 | $538,000 | 81.0% |
Listing Count | 10 | 47.0% |
| Listings as % of Homes | 0.4% | 47.0% |
Days on Market | 50 | 4.0% |
Demographics — Loretto, KY
As of the latest ACS Survey released in 2023, Loretto, KY has a population of 2,920, which has increased by 9.3% over the past 5 years. Loretto, KY is a popular place for families, as children make up 29.3% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,920 | 9.3% |
% Under 18 | 29.3% | 38.9% |
% Seniors | 15.9% | 20.5% |
% WFH | 0.2% | -87.5% |
% w/ College Degree | 18.2% | 264.0% |
As of the latest ACS Survey released in 2023, Loretto, KY is a predominantly white area, with 98.9% of the population identifying as white. The white population has grown by 2.9% in the last 5 years. The second most common race or ethnicity in Loretto, KY is hispanic, making up 0.3% of the population. Foreign-born residents account for 0.1% of the population in Loretto, KY, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.9% | 2.9% |
% Black | 0.2% | -83.3% |
% Hispanic | 0.3% | 200.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.1% | 0.0% |
Mortgage and Risk — Loretto, KY
According to HUD data as of 2023, there were 33 mortgage originations in Loretto, KY, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Loretto, KY. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 33 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Loretto, KY
Loretto, KY 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 | $660 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Loretto, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $231,000 |
| Median Household Income | $72,700 |