The median home value in Loran, IL is $120,000. This is higher than the county median home value of $95,700. The national median home value is $219,700. The average price of homes sold in Loran, IL is $120,000. Approximately 80.76% of Loran homes are owned, compared to 12.72% rented, while 6.53% are vacant. Loran 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 Loran real estate agent to arrange a tour today!
Loran, Illinois has a population of 1,387. Loran is more family-centric than the surrounding county with 31.27% of the households containing married families with children. The county average for households married with children is 21.44%.
The median household income in Loran, Illinois is $69,750. The median household income for the surrounding county is $46,427 compared to the national median of $57,652. The median age of people living in Loran is 43.2 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 11.5 degrees. The average rainfall is approximately 37 inches per year, with 31.9 inches of snow per year.