Metropolitan market · Michigan · September 2026 data

What is the Adrian, MI real estate market doing?

As of September 2026, the median home listed in Adrian, MI asks $299,900, up 4.4% year over year. Homes spend a median of 47 days on market, with 264 active listings and 21% carrying a price cut; pending contracts equal 50% of active listings, and inventory sits at 54% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$299,900
▲ 4.4% YoY
Median $ / sq ft
$173
1,682 sq ft median
Median days on market
47
September 2026
Active listings
264
For sale now
New listings
96
September 2026
Listings with price cuts
21%
Share of active
Inventory vs 2019
54%
Same month, 2019 = 100
Pending / active
50%
Contract activity
Median sale price (closed)
$235,000
▲ 8.1% YoY · closed sales · July 2026
Sale-to-list ratio
98.6%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
123
Closed sales · July 2026, seasonally adjusted

What is the Adrian, MI housing market doing right now?

The Adrian, MI housing market lists at a $299,900 median as of September 2026, up 4.4% year over year, with a 47-day median market time and 264 homes for sale (21% with a price cut). Active inventory is 54% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule.

Adrian housing market statistics

The table summarizes Adrian's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Adrian.

Adrian, MI housing market at a glance — September 2026
MetricLatestDetail
Median listing price$299,900+4.4% YoY
Median price per sq ft$1731,682 sq ft median
Median days on market47+4% YoY
Active listings264+16% YoY
New listings this month96September 2026
Listings with a price cut21%Share of active
Median sale price (closed)$235,000+8.1% YoY · closed sales, July 2026
Sale-to-list ratio98.6%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio50.0%132 pending
Inventory vs 201954%Active listings vs same month in 2019

How have home prices changed in Adrian?

Adrian home prices are up 4.4% year over year and -0.4% month over month as of September 2026, at a $299,900 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$300K$292K$285K$277K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Adrian MI · trailing 8 quarters · source: public records and industry data.

The 10-year view
$300K$263K$226K$189K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Adrian MI · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Adrian?

Adrian has 264 active listings, 96 new this month, 132 pending as of September 2026. About 21% of active listings have cut their price, and inventory sits at 54% of its 2019 level — a balanced market by pace.

Active listings
264
New this month
96
Pending
132
Price-reduced
54

Is Adrian a good real estate investment?

Adrian scores 64/100 on WealthyBud's composite Investor Score, ranking #193 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
64/100
#193 of 933 covered metros
12-month outlook
+2.8%
▲ Rising · model output, not advice
Momentum
49
Value
65
Rental yield
46
Supply risk
11
Market heat
75

Adrian scores 64/100 on our composite Investor Score (#193 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 54% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 4.4% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Adrian ranks on the trending markets index.

How much is a monthly mortgage payment in Adrian?

A home at Adrian's $299,900 median listing runs about $1,642 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,482/mo
−$160/mo vs today
At today's rate · 7.28%
$1,642/mo
National weekly average
If rates rise 1% · 8.28%
$1,808/mo
+$166/mo vs today

Principal & interest on the $299,900 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Adrian?

To buy Adrian’s $299,900 median listing with 20% down, a household needs about $85,000 a year in gross income, keeping principal, interest and property tax ($1,974/mo) at 28% of income. That is 1.3× the area’s $67,013 median household income, so a typical Adrian household cannot afford the median listing on these terms.

Income needed to buy the median home in Adrian, MI — September 2026
ItemAmountBasis
Median listing price$299,900September 2026
Down payment (20%)$59,980Assumption
Principal & interest (7.28%, 30-yr fixed)$1,642/moRate as of 2026-10-01
Property tax (1.33% effective rate)$332/moCensus ACS
Income needed (28% rule)$85,000Gross household income / yr
Median household income$67,013Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Adrian housing market?

Longer-run demand in Adrian shows up in 181 homes permitted in 2025; net migration of -42 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
181
▲ 32.1% vs 2024
1.8 per 1,000 residents
Net migration (2022–2023)
-42
▼ people, via tax-return records
net income flow −$749,000/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Adrian housing market FAQ

What is the median home price in Adrian?
As of September 2026, the median listing price in Adrian, MI is $299,900, up 4.4% year over year (source: public records and industry data). Figures cover the Adrian, MI metro area.
How much does it cost to buy a home in Adrian?
The median home listed in Adrian asks $299,900 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,642 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Adrian?
The median property in Adrian spends 47 days on the market, with 264 homes actively listed and 21% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Adrian?
With a median 47 days on market and 21% of active listings carrying a price cut, pending contracts at 50% of active listings, Adrian reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Adrian a good place to invest in real estate?
Adrian scores 64/100 on WealthyBud's Investor Score, ranking #193 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Adrian?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Adrian and the wider Michigan market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Adrian, MI metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Michigan housing markets

Andre Fontaine Mortgage Market Analyst

Andre Fontaine is a mortgage market analyst who covers rate trends, loan products and lending standards using public Federal Reserve and HMDA data. He focuses on how financing conditions affect buyer affordability across income levels.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.