Call or Text (240) SELL-123

LORETTO, MN 55357

Real Estate Market Report  ·  Hennepin County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The LORETTO, MN real estate market (55357) currently shows 18 active listings, with 4 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 38 days on market compared to 31 days last year.

The median listing price has risen 21.2% year-over-year, from $866,250 to $1,050,000.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LORETTO, MN 55357 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
18
⇧ 20% vs 15 last year
Pending
4
22% pending ratio
Median Price
$1,050,000
⇧ 21.2% vs $866,250 last year
Average Price
$1,504,813
⇧ 45.7% vs $1,032,501 last year
Days on Market
38
⇧ 22.6% vs 31 days last year

Price Per Square Foot

Median $/sqft
$333
⇧ 43.5% vs $232/sqft last year
Median Home Size
3,622 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 15 last year
  • Days on market: 38 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $1,050,000 (+21.2% YoY)
  • Average: $1,504,813 (+45.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.8 miles — 877 listings ($808,678,427 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55357Loretto, MN 553570.0 mi9$9,603,009$887,250$1,067,001
55341Hanover, MN 553414.2 mi40$21,834,440$477,425$545,861
55374Rogers, MN 553746.6 mi123$64,592,712$488,160$525,144
55376Saint Michael, MN 553767.9 mi118$63,130,236$518,968$535,002
55311Maple Grove, MN 553118.0 mi110$79,750,110$600,000$725,001
55446Minneapolis, MN 554469.2 mi87$75,028,539$581,100$862,397
55369Osseo, MN 5536910.5 mi137$77,661,327$546,500$566,871
55447Minneapolis, MN 5544710.7 mi38$20,945,790$422,475$551,205
55391Wayzata, MN 5539111.2 mi109$352,358,305$2,417,000$3,232,645
55384Spring Park, MN 5538411.3 mi13$10,432,734$550,000$802,518
55363Montrose, MN 5536313.0 mi28$10,499,720$394,924$374,990
55445Minneapolis, MN 5544513.7 mi35$9,050,475$204,750$258,585
55388Watertown, MN 5538813.8 mi30$13,791,030$421,900$459,701

Frequently Asked Questions

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

As of September 2026, there are 18 active listings in LORETTO, MN (zip code 55357), compared to 15 the prior year.

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

The median listing price in LORETTO, MN 55357 is $1,050,000 as of September 2026, a 21.2% increase from $866,250 the prior year.

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

Homes in LORETTO, MN 55357 spend an average of 38 days on the market before going under contract, compared to 31 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 September 2026, LORETTO, MN 55357 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 31 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 $21,000 compared to a typical 5% commission on the median listing price of $1,050,000. 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.