House Prices

House Prices & Home Values Loretto, MN 2026


Average Data

average house price$1,005,258
average size per house3237 ft²
average price per ft²311 $ / ft²

04/04/2026 - The value range (VR) for house prices in Loretto, MN is $307/ sqft to $307/ sqft. An average home with 3237 sqft costs approximately $993,759 to $993,759. Loretto, MN includes 1 ZIP codes and it is located in Hennepin county. The lowest prices are found in ZIP 55357, while the highest are in ZIP 55357. The average price per sqare feet is $311. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Loretto

55357286 $ / ft²




Historical development of home values in Loretto

Year Estimated value (USD) Change vs. 2025
2010 $466,860 -53.6%
2011 $448,806 -55.4%
2012 $447,598 -55.5%
2013 $464,328 -53.8%
2014 $487,417 -51.5%
2015 $512,433 -49.0%
2016 $539,175 -46.4%
2017 $568,276 -43.5%
2018 $599,694 -40.3%
2019 $627,500 -37.6%
2020 $659,939 -34.4%
2021 $750,610 -25.3%
2022 $875,042 -13.0%
2023 $922,773 -8.2%
2024 $976,157 -2.9%
2025 $1,005,258 0.0%

Graph: estimated home values in Loretto over time (USD)



Example: 100% financing house in Loretto

Loan amount: $1,005,258

Interest rate: 6.00%

Fixed monthly payment: $6,027.03

Breakdown in the 1st month:
Interest portion: $5,026.29  –  Principal portion: $1,000.74

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $59,979.67 $12,344.69 $992,913.31
2 $59,218.28 $13,106.08 $979,807.23
3 $58,409.92 $13,914.43 $965,892.80
4 $57,551.71 $14,772.65 $951,120.16
5 $56,640.57 $15,683.79 $935,436.37
6 $55,673.22 $16,651.13 $918,785.23
7 $54,646.22 $17,678.14 $901,107.10
8 $53,555.87 $18,768.49 $882,338.61
9 $52,398.27 $19,926.08 $862,412.53
10 $51,169.27 $21,155.08 $841,257.45
11 $49,864.47 $22,459.88 $818,797.56
12 $48,479.20 $23,845.16 $794,952.41
13 $47,008.48 $25,315.87 $769,636.53
14 $45,447.05 $26,877.30 $742,759.23
15 $43,789.32 $28,535.04 $714,224.19
16 $42,029.34 $30,295.01 $683,929.18
17 $40,160.81 $32,163.54 $651,765.63
18 $38,177.03 $34,147.32 $617,618.31
19 $36,070.90 $36,253.45 $581,364.86
20 $33,834.87 $38,489.49 $542,875.37
21 $31,460.92 $40,863.43 $502,011.94
22 $28,940.55 $43,383.80 $458,628.13
23 $26,264.74 $46,059.62 $412,568.51
24 $23,423.88 $48,900.48 $363,668.04
25 $20,407.80 $51,916.55 $311,751.49
26 $17,205.71 $55,118.65 $256,632.84
27 $13,806.11 $58,518.25 $198,114.59
28 $10,196.83 $62,127.53 $135,987.06
29 $6,364.94 $65,959.42 $70,027.65
30 $2,296.71 $70,027.65 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Loretto, MN


1500 sqft3900 sqft
Ø selling price$564,466$1,200,771
Ø fast selling$513,151$1,080,694
Ø high price sale$615,780$1,320,849

In 2026, houses in Loretto, MN will be offered at an average price of $311 per square foot. A 1,500 sqft home priced at $564,466 is 21.37% more expensive per square foot than a 3,900 sqft home priced at $1,200,771. Home prices in Loretto, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $831,304. Sellers who can wait longer may achieve a higher price of up to $1,016,038.


Explore Loretto, MN

Loretto, Minnesota, is a charming small city in western Hennepin County with a welcoming, close-knit atmosphere. Known for its compact downtown and historic railroad roots, Loretto blends small-town character with easy access to the Twin Cities.

Community and Lifestyle

Residents enjoy a strong sense of community, supported by local businesses, neighborhood events, and active civic groups. Families appreciate the well-regarded schools in surrounding districts and the abundance of parks and ball fields for year-round recreation.
The city maintains safe streets, tidy neighborhoods, and a friendly, walkable core anchored by cafes, restaurants, and services.

Things to Do and Local Attractions

Outdoor enthusiasts can explore nearby lakes and trails, relax at Loretto Lions Park, and join seasonal festivals that showcase local pride. Popular gatherings like summer concerts and the autumn Fun Fest bring families together and attract visitors from surrounding communities.

Location, Access, and Real Estate

Commuters value the convenient location along Highway 55, which offers a direct route to Minneapolis, business hubs, and regional shopping. Housing options range from classic single-family homes on tree-lined streets to acreage properties that capture the rural edge of the metro. Whether you are relocating, visiting, or building a business, Loretto, MN delivers small-town comfort with metropolitan connectivity.



FAQ – Home Values in Loretto

What is the median home value in Loretto in 2026?

In 2026, the typical home value in Loretto is about $1,005,258 for an average home size of 3237 square feet. This corresponds to an average price of roughly $311 per square foot.

What is the average cost per square foot in Loretto?

In 2026, homes in Loretto sell for an average of around $311 per square foot, with a typical range between $307 and $307 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Loretto is about 3237 square feet, with an estimated 2026 value around $1,005,258.



Locations close to Loretto, MN

Maple Lake, MN262 $ / ft²
Maple Plain, MN163 $ / ft²
Mayer, MN189 $ / ft²
Long Lake, MN195 $ / ft²
Litchfield, MN251 $ / ft²
Lester Prairie, MN81 $ / ft²




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