Loraine, IL housing market
The median sale price was $125,000 in May 2026.
Home values, sales, trends and how Loraine compares with the towns next door — updated as new data is published.
Loraine at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,000
HUD's Fair Market Rent for a two-bedroom in Loraine is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Loraine pay a median of $673, so moving in tends to cost more than staying put.
Studio $690 · 4 bedrooms $1,400
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62349; Adams County, IL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.