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Loretto housing market, July 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of August 7, 2026. See the newest report (September 2026)

  • Median sale price$239K— vs. July 2025
  • Homes sold1— vs. July 2025
  • Days on market86July 2026
  • Months of supply1.3end of July 2026

The short version

Loretto in July 2026

In July 2026, 1 home sold in Loretto, against 0 in July 2025.

The median sale price was $239,000, and homes spent 86 days on market, with sellers receiving 96% of their original list price.

The month ended with 2 homes for sale, 1.3 months of supply (a seller’s market by the usual measure).

Over the 12 months through July 2026, the median was $355,000 (down 6.3%) across 7 sales.

Only 1 home sold here in July 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through July 2026, Loretto
0500k1000kOct 2024Jan 2025May 2025Sep 2025Dec 2025Apr 2026Jul 2026$360,000Oct 2024$360,000Nov 2024$705,000Jan 2025$377,500Apr 2025$575,000May 2025$185,000Aug 2025$384,000Sep 2025$655,000Nov 2025$309,900Dec 2025$355,000Mar 2026$350,000Apr 2026$383,000$239,000Jul 2026$239,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$360,000
Nov 2024$705,000
Jan 2025$377,500
Apr 2025$575,000
May 2025$185,000
Aug 2025$384,000
Sep 2025$655,000
Nov 2025$309,900
Dec 2025$355,000
Mar 2026$350,000
Apr 2026$383,000
Jul 2026$239,000

All the numbers

Loretto, July 2026 vs. July 2025

July 202612 months through July 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price—$239,000—$378,750$355,000−6.3%
Average sale price—$239,000—$453,125$382,271−15.6%
Price per square foot—$251—$190$223+17.6%
Closed sales01—127−41.7%
New listings12+100.0%1415+7.1%
Days on market—86—3552+48.6%
% of original list price received—96%—98.1%97.6%−0.5%
Homes for sale (end of month)12+100.0%———
Months of supply0.51.3+160.0%———
Twin Cities region, median price$395,000$408,000+3.3%$386,500$394,000+1.9%

Source: Minneapolis Area REALTORS® Local Market Update, Loretto, July 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of August 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Loretto in July 2026: questions

What was the median home price in Loretto, MN in July 2026?

$239,000, from 1 sales, according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $355,000.

How many homes sold in Loretto, MN in July 2026?

1, against 0 in July 2025. 2 new listings came on the market that month.

Was Loretto a buyer's or seller's market in July 2026?

Loretto ended July 2026 with 1.3 months of supply (2 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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