Housing in Adrian, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$159,950

Median List Price

$159,900

Price Per Sq Ft

$94

Days on Market

65

Active Inventory

47

Months of Supply

4.7

Balanced market

Zillow Home Value

$178,114

ZHVI — January 2026

Zillow Rent Index

$1,100

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 45.4%List Price 8.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

10.0%

Off Market in 2 Weeks

30.8%

Sale-to-List Ratio

96.7%

Buyer's market

Sold Above Asking
10.0%
Under Contract in 2 Wks
30.8%
Listings with Price Drops
31.9%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

17

Pending Sales

13

Homes Sold 33.3%New Listings 46.9%Pending 58.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$94

Median List $/SF

$127

Sale $/SF 17.5%List $/SF 5.0%Mar 24Jan 26

Adrian vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Adrian is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$119,900

Median Rent

$939

Total Housing Units

9,382

Vacancy Rate

11.5%

Owner Occupied

53.2%

Renter Occupied

46.8%

Median Property Tax

$2,106

per year

Monthly Cost (w/ Mortgage)

$855

Housing Types

Single Family
54.9%
Multi-Family
37.5%
Mobile Home
7.6%

The current median sale price in Adrian, MI is $159,950 according to Redfin data. Homes spend a median of 65 days on the market. 10.0% of homes sold above asking price. The market has 4.7 months of supply. The median price per square foot is $94. Zillow's observed rent index is $1,100/month. About 53.2% of housing units are owner-occupied. The median year homes were built is 1959. There are 9,382 total housing units.