Loraine Real Estate
The median home value in Loraine, IL is $71,000. This is lower than the county median home value of $109,100. The national median home value is $219,700. The average price of homes sold in Loraine, IL is $71,000. Approximately 68.38% of Loraine homes are owned, compared to 19.85% rented, while 11.77% are vacant. Loraine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Loraine real estate agent to arrange a tour today!
Loraine, Illinois has a population of 301. Loraine is more family-centric than the surrounding county with 45.59% of the households containing married families with children. The county average for households married with children is 28.35%.
The median household income in Loraine, Illinois is $50,357. The median household income for the surrounding county is $48,454 compared to the national median of $57,652. The median age of people living in Loraine is 41.3 years.
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 39 inches per year, with 18.2 inches of snow per year.