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Lorane, PA

Full City Profile · Pennsylvania · Berks County County

3.5 /5.0
B+ Good
4,633 Population 2,603/sq mi density
$86,064 Median Income $41,568 per capita
$236,100 Home Value $323,197 Zillow
$1,776 Median Rent 30.2% income on rent
54°F Avg Temperature 275 sunny days/yr
77 Violent Crime/100K 1,220 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$86,064 median income, 4.9% unemployment
A+
Affordability
5.0 / 5.0
$236,100 home value, $1,776/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K
B+
Education
3.5 / 5.0
31.8% bachelor's degree or higher

Housing Overview

Median Home Value
$236,100
16% below
US avg: $281,900
Median Rent
$1,776/mo
53% above
US avg: $1,163/mo
Homeownership Rate
79.9%
22% above US avg (65.4%)
Total Housing Units
1,862
Median year built: 1989

Home Value by Source

Census Median
$236,100
Zillow (ZHVI)
$323,197
Median Sale Price
$115,000
Median List Price
$255,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.9%
Owner-Occupied
20.1%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent: $1,776/mo

Market Indicators (Redfin)

Median Days on Market
126 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$120
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
30.2%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
79.9%

Complete Housing Data

Home Values

Census Median Value$236,100
Zillow Home Value (ZHVI)$323,197
Median Sale Price$115,000
Median List Price$255,000
Price Per Sq Ft$120

Rent

Census Median Rent$1,776
FMR Studio$900
FMR 1-Bedroom$996
FMR 2-Bedroom$1,225
FMR 3-Bedroom$1,570
FMR 4-Bedroom$1,744

Market

Days on Market126
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold3
Active Inventory3
Price Per Sq Ft$120

Ownership & Stock

Owner-Occupied79.9%
Renter-Occupied20.1%
Homeownership Rate79.9%
Total Housing Units1,862
Median Year Built1989
Rent Burden30.2%