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Housing in Loretto

A typical Loretto home is worth roughly $204,000

No new homes were permitted in 2025.

Typical home value
$204K
PA $290K
Estimate
2-bedroom rent
$1,110
a month, utilities in · HUD
Median tax bill
$1,696
PA $3,311

What kind of housing town is Loretto?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.2 years of income

Less than across Pennsylvania (3.7 years). Try your own numbers below.

You could afford about
$252,000
Typical Loretto home $204K

That covers a typical Loretto home, with $47K to spare.

The typical home, each month
$1,210
Loan $1,010Tax $140Insurance $60

A two-bedroom rents for about $1,110 a month here, $100 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Loretto’s typical property tax (0.83% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,110

Fair Market Rent a month, utilities included

Studio$900
1 bedroom$910
2 bedrooms$1,110
3 bedrooms$1,530
4 bedrooms$1,590
25%
of households rent · PA 31%
21
renter households
48%
of renters spend 30%+ of income on rent · PA 48%
21%
of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Johnstown, PA MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Loretto in 2025. The last year with any was 2016 (1 new home).

Single-family
012 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
1
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−106
New homes+2

Between the 2010 and 2020 censuses, Loretto's population fell by 106 even though 2 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Pennsylvania: 1.4 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016110$262,000
2015000—
2014000—
2013000—
2012000—
2011000—
2010110$166,000
2009000—
2008220$365,000
2007000—
2006000—
2005000—
2004000—
2003110$174,000
2002000—
2001000—
2000110$170,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

76% of Loretto households own their home

Half of Loretto’s homes were built before 1956.

Owners and renters
Own 76%Rent 25%

Pennsylvania: 69% own.

1956
typical home built · PA 1965
$1,696
median property tax bill · PA $3,311
0.83%
of a home’s value, a year in tax · PA 1.30%

U.S. Census Bureau, American Community Survey 2020-2024.

On the market in Loretto

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Loretto buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Loretto still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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