Market Overview
Home Prices in Loretto, KY
The median home value in Loretto, KY is $243,171 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 10.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Loretto are priced41% below average.
Over the past five years, Loretto home values have risen by approximately46.4%, reflecting strong long-term appreciation in this market.
Price History
Loretto Home Price Trend
2020
$145,835
$146K
—
2021
$166,126
$166K
+13.9%
2022
$194,095
$194K
+16.8%
2023
$197,851
$198K
+1.9%
2024
$212,775
$213K
+7.5%
2025
$234,651
$235K
+10.3%
2026
$243,171
$243K
+3.6%
City Comparison
Loretto vs. National Median
🏠 Loretto
$243,171
National Median
$410,000
At $243,171, homes in Loretto cost 41% below the national median of $410,000. This makes Loretto a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Loretto?
20% Down Payment
$48,634
on $243,171
Monthly P&I
$1,268/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,610/mo
incl. taxes & insurance
Income Needed
$64,400
gross annual (30% rule)
10% Down Option
$24,317
+ PMI applies
Loan Amount (20% dn)
$194,537
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Loretto, KY?
The median home value in Loretto is $243,171 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Loretto?
Over the past year, home values in Loretto have increased by 3.6%. Over five years, prices have risen approximately 46.4%.
How much do I need to earn to buy a home in Loretto?
To comfortably afford the median home price of $243,171 with a 20% down payment ($48,634) at today's rates (6.8%), you'd need a gross annual income of approximately $64,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Loretto compare to the national average home price?
The national median home value is approximately $410,000. At $243,171, homes in Loretto are 41% below the national average.