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MI area data

Loretto, MI

Loretto, MI.

Population: 178 (Census ACS)

Home values & appreciation

House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$172,000
Median days on market
127 days
Sale-to-list ratio
101.2%

Affordability

Cost of living index (Average)
96.2 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, hail, lightning

Climate (30-year normals)

Annual precipitation
31.7 in

Amenities

Nearest airport
Maverick Field (15 mi)
Nearest major airport
Ford Airport (IMT) (16 mi)
Hospitals nearby (~15 mi)
3
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Housing stock

Median year housing built
1,938
Median annual property tax
$1,307
Households with broadband internet
95.4%

Employment & development

Total county employment
11,476
Average weekly wage
$1,059
Top industries (by employment)
Construction, Accommodation & Food, Health Care
Annual residential building permits (county)
42

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents