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LORETTO, MN 55357

Real Estate Market Report  ·  Hennepin County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
7
⇧ 16.7% vs 6 last year
Pending
2
29% pending ratio
Median Price
$899,900
⇧ 12.5% vs $799,900 last year
Average Price
$1,108,258
⇧ 28.6% vs $861,770 last year
Days on Market
60
⇩ 14.3% vs 70 days last year

Market Context

Population: 3,474  ·  Density: 68.7/mi²  ·  Median household income: $140,967

Typical home value: $472,681  ·  Homeownership: 90.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LORETTO, MN real estate market (55357) currently shows 7 active listings, with 2 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 60 days on market compared to 70 days last year.

The median listing price has risen 12.5% year-over-year, from $799,900 to $899,900.

Whether you are buying or selling in LORETTO, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 6 last year
  • Days on market: 60 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $899,900 (+12.5% YoY)
  • Average: $1,108,258 (+28.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.8 miles — 767 listings ($642,269,843 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55357Loretto, MN 553570.0 mi7$7,757,806$899,900$1,108,258
55341Hanover, MN 553414.2 mi29$16,011,857$479,950$552,133
55374Rogers, MN 553746.6 mi116$62,411,596$494,568$538,031
55376Saint Michael, MN 553767.9 mi107$54,000,439$499,910$504,677
55311Maple Grove, MN 553118.0 mi107$76,296,992$544,500$713,056
55446Minneapolis, MN 554469.2 mi71$64,065,004$594,950$902,324
55369Osseo, MN 5536910.5 mi120$69,355,680$569,900$577,964
55447Minneapolis, MN 5544710.7 mi30$14,926,140$394,950$497,538
55391Wayzata, MN 5539111.2 mi88$238,939,008$2,222,500$2,715,216
55384Spring Park, MN 5538411.3 mi13$10,657,400$555,000$819,800
55363Montrose, MN 5536313.0 mi30$11,059,170$396,900$368,639
55445Minneapolis, MN 5544513.7 mi28$7,634,200$239,900$272,650
55388Watertown, MN 5538813.8 mi21$9,154,551$424,900$435,931

Frequently Asked Questions

How many homes are for sale in LORETTO, MN 55357?

As of January 2026, there are 7 active listings in LORETTO, MN (zip code 55357), compared to 6 the prior year.

What is the median home price in LORETTO, MN 55357?

The median listing price in LORETTO, MN 55357 is $899,900 as of January 2026, a 12.5% increase from $799,900 the prior year.

How long do homes stay on the market in LORETTO, MN?

Homes in LORETTO, MN 55357 spend an average of 60 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in LORETTO, MN 55357?

Based on current inventory and days-on-market data as of January 2026, LORETTO, MN 55357 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 70 days last year.

How much can I save on real estate commission in LORETTO, MN?

With SELL123.com's maximum 3% commission, sellers in LORETTO, MN 55357 save an estimated $17,998 compared to a typical 5% commission on the median listing price of $899,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.