Compare cities · September 2026
Loretto vs. Orono
Homes in Orono sold for a median $1,225,000 over the 12 months through September 2026, 248% more than in Loretto ($352,500). Homes sold faster in Loretto: 50 days on market on average, against 76 in Orono. Loretto's homes are newer, with a median year built of 1992 against 1982. Orono is closer to downtown Minneapolis: about 28 minutes by car, against 32. The two are about 7 miles apart.
Housing market, 12 months through September 2026
| Measure | Loretto | Orono |
|---|---|---|
| Median sale price | $352,500 | $1,225,000 |
| Change from a year earlier | −6.6% | +4.3% |
| Homes sold | 8 | 131 |
| Days on market | 50 | 76 |
| Share of original list price | 97.4% | 95.9% |
| Price per square foot | $224 | $412 |
| New listings | 16 | 222 |
| Homes for sale (September 2026) | 2 | 53 |
| Months of supply (September 2026) | 1.3 | 4.7 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | Loretto | Orono |
|---|---|---|
| Median home value (owner estimate) | $361,500 | $1,004,500 |
| Median year built | 1992 | 1982 |
| Single-family homesShare of all housing units, detached houses | 85% | 93% |
| Owner-occupied homes | 84% | 91% |
| Median rent | $630 | $1,818 |
Source: US Census Bureau, American Community Survey 2020–2024.
The place
| Measure | Loretto | Orono |
|---|---|---|
| Population (2024) | 610 | 8,228 |
| Land area | 0.3 sq mi | 15.9 sq mi |
| Drive to Downtown Minneapolis | 32 min | 28 min |
| Drive to Downtown Saint Paul | 45 min | 41 min |
| Drive to MSP Airport | 46 min | 42 min |
| Drive to Mall of America | 43 min | 38 min |
| Drive to University of Minnesota | 37 min | 32 min |
| Average commute to work | 28.5 min | 24.9 min |
| Lakes of 10+ acresMinnesota DNR lake outlines touching the city | 0 | 8 |
Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).
Loretto
School districts: Delano Public School District
Orono
School districts: Orono Public School District, Westonka Public School District, Wayzata Public School District
Largest lakes: Lake Minnetonka (14,206 acres), Long Lake (285 acres), Mooney Lake (124 acres), South Katrina Lake (108 acres), Forest Lake (90 acres)
How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.
Quick answers
Loretto or Orono?
Is Loretto or Orono more expensive?
Orono. The median sale price was $1,225,000 there and $352,500 in Loretto over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.
Where do homes sell faster, Loretto or Orono?
Loretto: 50 days on market on average against 76, over the 12 months through September 2026.
Which is closer to downtown Minneapolis?
Orono, about 28 minutes by car in light traffic (32 from Loretto). To downtown Saint Paul: 45 minutes from Loretto, 41 from Orono.
How far apart are Loretto and Orono?
About 7 miles in a straight line between their centers.
Which has more lakes, Loretto or Orono?
Orono has more: 0 lakes of 10+ acres touch Loretto and 8 touch Orono (largest: Lake Minnetonka), by Minnesota DNR lake outlines.
Which school districts serve Loretto and Orono?
Loretto: Delano Public School District. Orono: Orono Public School District, Westonka Public School District and Wayzata Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.
Should I buy in Loretto or Orono?
It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.
Deciding between them?
See homes in Loretto and Orono.
A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.