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Loretto, TN

Full City Profile · Tennessee · Lawrence County County

3.1 /5.0
B Good
1,757 Population 465/sq mi density
$51,771 Median Income $29,114 per capita
$133,000 Home Value $235,210 Zillow
$684 Median Rent 22.8% income on rent
59°F Avg Temperature 318 sunny days/yr
391 Violent Crime/100K 503 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$51,771 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$133,000 home value, $684/mo rent
F
Safety
1.0 / 5.0
391 violent crimes/100K (3% above avg)
C+
Education
2.5 / 5.0
19.2% bachelor's degree or higher

Housing Overview

Median Home Value
$133,000
53% below
US avg: $281,900
Median Rent
$684/mo
41% below
US avg: $1,163/mo
Homeownership Rate
83.9%
28% above US avg (65.4%)
Total Housing Units
790
Median year built: 1972

Home Value by Source

Census Median
$133,000
Zillow (ZHVI)
$235,210
Median Sale Price
$215,000
Median List Price
$189,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.9%
Owner-Occupied
16.1%
Renter-Occupied
84%
16%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent: $684/mo

Market Indicators (Redfin)

Median Days on Market
36 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
7.1%
of listings with price reduction
Price Per Sq Ft
$149
Active Inventory
14
homes for sale

Affordability & Housing Stock

Rent Burden
22.8%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
83.9%

Complete Housing Data

Home Values

Census Median Value$133,000
Zillow Home Value (ZHVI)$235,210
Median Sale Price$215,000
Median List Price$189,000
Price Per Sq Ft$149

Rent

Census Median Rent$684
FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Days on Market36
Sale-to-List Ratio0.9%
Price Drops7.1%
Homes Sold3
Active Inventory14
Price Per Sq Ft$149

Ownership & Stock

Owner-Occupied83.9%
Renter-Occupied16.1%
Homeownership Rate83.9%
Total Housing Units790
Median Year Built1972
Rent Burden22.8%