What is the median home value in Loran Township, IL?
The median value of owner-occupied homes in Loran Township, IL is $196,700 (±$36,238), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Loran Township, the median home value went from $115,500 in 2015–2019 to $196,700 in 2020–2024 (+70.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $196,700 (±$36,238)
- Owner-occupied homes
- 427 (±81)
- Most common range
- $300,000 to $499,999
Home values in Loran Township
| Value | Loran Township | Stephenson County | Illinois | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.6% (±2.1 points) | 11.7% | 5.4% | 5.3% |
| $50,000 to $99,999 | 15.7% (±6.2 points) | 23.3% | 8.3% | 6.1% |
| $100,000 to $149,999 | 15.0% (±5.4 points) | 19.7% | 9.7% | 6.8% |
| $150,000 to $199,999 | 18.0% (±7.7 points) | 16.1% | 11.8% | 9.0% |
| $200,000 to $299,999 | 10.1% (±4.2 points) | 18.4% | 22.3% | 17.8% |
| $300,000 to $499,999 | 21.5% (±10.5 points) | 8.4% | 27.7% | 26.9% |
| $500,000 to $999,999 | 0.0% (±8.4 points) | 1.5% | 12.1% | 20.9% |
| $1,000,000 or more | 17.1% (±15.1 points) | 0.9% | 2.7% | 7.1% |
The most common range is $300,000 to $499,999, 21.5% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Loran Township against Stephenson County, its state and the nation
| Loran Township | Stephenson County | Illinois | United States | |
|---|---|---|---|---|
| Median home value | $196,700 (±$36,238) | $134,900 (±$6,661) | $263,300 (±$797) | $332,700 |
| Owner-occupied homes | 427 (±81) | 13,726 (±394) | 3,378,910 (±14,728) | 84,210,142 |
In Loran Township, the median home value is higher than in Stephenson County ($134,900).
It is also lower than in Illinois ($263,300).
It is lower than the national figure ($332,700).
In Stephenson County, Loran Township ranks 6 of 30 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 835 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Loran Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $115,500 (±$14,328) | $196,700 (±$36,238) | +70.3% | Up after inflation |
| Median owner cost with a mortgage | $1,159 (±$62) | $1,598 (±$347) | +37.9% | No measurable change after inflation |
| Median real estate taxes | $3,457 (±$523) | $4,547 (±$1,155) | +31.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Loran Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Loran Township | — | $196,700 (±$36,238) | — |
| Pearl City | 2.3 mi | $128,200 (±$16,677) | Lower |
| Jefferson Township | 4.4 mi | $135,400 (±$39,342) | Lower |
| Florence Township (Stephenson County) | 5.7 mi | $216,200 (±$33,281) | Not measurably different |
| Erin Township | 6.3 mi | $226,400 (±$31,583) | Not measurably different |
| Cherry Grove-Shannon Township | 6.4 mi | $143,000 (±$15,739) | Lower |
| Shannon | 6.8 mi | $115,100 (±$10,485) | Lower |
| Kent Township | 6.9 mi | $220,000 (±$133,039) | Not measurably different |
| Harlem Township (Stephenson County) | 8.4 mi | $173,000 (±$16,848) | Not measurably different |
Nearby places with a measurably lower figure: Pearl City, IL ($128,200), Jefferson Township, IL ($135,400), Cherry Grove-Shannon Township, IL ($143,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Stephenson County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Rock Grove Township | $259,300 (±$32,762) |
| 2 | Lake Summerset | $237,300 (±$27,579) |
| 3 | Erin Township | $226,400 (±$31,583) |
| 4 | Kent Township | $220,000 (±$133,039) |
| 5 | Florence Township (Stephenson County) | $216,200 (±$33,281) |
| 6 | Loran Township | $196,700 (±$36,238) |
| 7 | Silver Creek Township | $185,500 (±$29,441) |
| 8 | Harlem Township (Stephenson County) | $173,000 (±$16,848) |
| 9 | Ridott Township | $171,700 (±$37,875) |
| 10 | Rock Run Township | $164,800 (±$13,928) |
| 11 | West Point Township | $158,600 (±$15,458) |
| 12 | Waddams Township | $155,800 (±$109,397) |
Showing 12 of 30 places in Stephenson County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Loran Township
What is the average home value in Loran Township, IL?
The Census Bureau publishes the median: $196,700 (±$36,238) for owner-occupied homes in Loran Township (2020–2024 American Community Survey).
Have home values in Loran Township gone up?
In Loran Township, the median home value went from $115,500 in 2015–2019 to $196,700 in 2020–2024 (+70.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Loran Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Loran township, Stephenson County, Illinois (county subdivision:44758, in state:17 county:177).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Loran Township at a glance
- Renters and owners in Loran Township
- Income and affordability in Loran Township
- Homeowner costs in Loran Township
- Property taxes in Loran Township
- Types of homes in Loran Township
- Bedrooms in Loran Township
- Age of homes in Loran Township
- Heating fuel in Loran Township
- Commute and cars in Loran Township
- Population growth in Loran Township
- How long people stay in Loran Township
- Illinois landlord and tenant rules
- Housing across Stephenson County
- Illinois places ranked by median home value
- Housing data for every place in Illinois