From January through December of 2019, there were 17 homes sold, with a median sale price of $250,000 - a 1.2% decrease over the $253,000 median sale price for the previous year. There were 15 homes sold in Loretto in 2018.
The median sales tax in Loretto for the most recent year with available data, 2015, was $3,148, approximately 1.3% of the median home sale price for 2019.
The following table compares Loretto to other Hennepin County cities with similar median sales prices in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Maple Plain | 21 | 19 | 10.5% | $270,000 | $250,000 | 8% |
| Champlin | 369 | 345 | 7% | $270,000 | $255,000 | 5.9% |
| Richfield | 540 | 597 | -9.5% | $268,000 | $250,000 | 7.2% |
| Mound | 211 | 221 | -4.5% | $263,900 | $255,000 | 3.5% |
| New Hope | 276 | 322 | -14.3% | $259,900 | $241,750 | 7.5% |
| Brooklyn Park | 1,122 | 1,272 | -11.8% | $257,775 | $242,000 | 6.5% |
| Loretto | 17 | 15 | 13.3% | $250,000 | $253,000 | -1.2% |
| Robbinsdale | 310 | 347 | -10.7% | $237,000 | $219,900 | 7.8% |
| Osseo | 30 | 33 | -9.1% | $233,500 | $215,000 | 8.6% |
| Crystal | 442 | 505 | -12.5% | $232,000 | $215,000 | 7.9% |
| Brooklyn Center | 468 | 557 | -16% | $214,950 | $199,900 | 7.5% |
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