The median home value in Loraine, TX is $83,125. This is lower than the county median home value of $101,750. The national median home value is $308,980. The average price of homes sold in Loraine, TX is $83,125. Approximately 55% of Loraine homes are owned, compared to 16% rented, while 29% are vacant. Loraine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Loraine real estate agent to arrange a tour today! Learn more about Loraine Real Estate.