Why Live in Lorane
Lorane, Pennsylvania, is a small community near Reading known for its affordability and access to major roadways, retail shopping, dining, and greenspaces. Home styles in Lorane include mobile homes, ranch-style houses, and bi-level homes, with properties dating from the 1970s to the early 2000s. While trains passing through and nearby landfills can be drawbacks, the area offers access to highly rated public schools, including Exeter Township Senior High School. For outdoor activities, residents enjoy Trout Run Sports Complex, Lorane Hollow Park, and the Exeter Scenic River Trail. The Schuylkill River is popular for kayaking, canoeing, and fishing. Shelbourne Square is a local hub for shopping and dining, featuring options like Dairy Queen, McDonald's, and Applebee's, as well as a Home Depot and Redner's Warehouse Markets. For entertainment, residents often visit Reading for its IMAX theater and the Miller Center for the Arts, or travel 15 miles south to Hollywood Casino Morgantown. Lorane is conveniently located 8 miles from Reading and 53 miles from Philadelphia's Center City, with easy access to U.S. Route 422 and Interstate 76. The community also benefits from a Tesla supercharger station and proximity to Philadelphia International Airport for travel needs.
Home Trends in Lorane, PA
On average, homes in Lorane, PA sell after 31 days on the market compared to the national average of 51 days. The median sale price for homes in Lorane, PA over the last 12 months is $307,500, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$307,500
Median Single Family Sale Price
$305,000
Median Townhouse Sale Price
$320,000
Average Price Per Sq Ft
$194
Number of Homes for Sale
2
Last 12 months Home Sales
16
Median List Price
$307,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%