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Housing in Adrian

219 homes sold in Adrian in the last year, at a typical $166K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Adrian homes are listed.

Homes sold
219
June 2025 to May 2026
Typical sale price
$166K
houses $167K · condos $220K
Price per square foot
$123
Michigan $172
Paid vs. asking
98.1%
30% sold over asking
For sale now
49
May 2026 · 15 sold that month
What sold · last 12 months

6% of Adrian’s sales are condos, at $52K more than a house

196 houses and 13 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$167K

typical sale · 196 sold in 12 months

Per square foot
$124MI $172
Days to sell
42
Sold over asking
32%
Listings with a price cut
35%
Condos$220K

typical sale · 13 sold in 12 months

Per square foot
$146MI $190
Days to sell
69
Sold over asking
8%
Listings with a price cut
33%
Fewer sales

Multi-family (2–4 units): 10 sold, typical $149K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 2.5 times the 2016 price

219 sales in the last year, against 348 in 2021 and a low of 209 in 2014. The typical sale went from $68K in 2016 to $166K.

Homes soldTypical sale price
087175262350$50K$100K$150K$200K2012: 268 sold, typical $49K’122013: 251 sold, typical $51K2014: 209 sold, typical $60K’142015: 276 sold, typical $65K2016: 266 sold, typical $68K’162017: 227 sold, typical $93K2018: 242 sold, typical $96K’182019: 275 sold, typical $107K2020: 305 sold, typical $109K’202021: 348 sold, typical $124K2022: 284 sold, typical $139K’222023: 234 sold, typical $155K2024: 265 sold, typical $156K’242025: 231 sold, typical $162KLast 12 months: 219 sold, typical $166KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Adrian

Houseat $124 a sq ft
Condoat $146 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Adrian homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Adrian are more common than before the pandemic, but 41% fewer homes come up for sale

We read every month of Adrian’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 219 sales.

If you’re buying in Adrian

  • Shop in August. It brings about 30 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
  • You can negotiate. 32% of listings have cut their price, against 21% before the pandemic.
  • Bid near asking. Buyers paid 98.1% of the list price on average; 30% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 34 a month), but July is the most competitive: 33% of July sales close over asking. August offers nearly as much choice with fewer homes bid up (22%). January has the least competition (18%) but only about 15 new listings.

New listings a monthShare sold over asking
08.817.526.33513%27%40%Sweet spotJan: 15 new listings a month, 18% sold over asking, 89 days to sellJFeb: 20 new listings a month, 25% sold over asking, 78 days to sellFMar: 23 new listings a month, 24% sold over asking, 78 days to sellMApr: 24 new listings a month, 26% sold over asking, 74 days to sellAMay: 32 new listings a month, 25% sold over asking, 57 days to sellMJun: 34 new listings a month, 28% sold over asking, 55 days to sellJJul: 31 new listings a month, 33% sold over asking, 53 days to sellJAug: 30 new listings a month, 22% sold over asking, 57 days to sellASep: 25 new listings a month, 25% sold over asking, 53 days to sellSOct: 32 new listings a month, 22% sold over asking, 64 days to sellONov: 20 new listings a month, 20% sold over asking, 68 days to sellNDec: 14 new listings a month, 22% sold over asking, 56 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Michigan as a whole

Adrian now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price30%18%35%31%
Gone within two weeksShare of homes under contract within 14 days47%21%54%43%
Listings with a price cutShare of homes for sale that cut their price32%21%18%28%
Price paid vs. askingAverage sale price ÷ list price98.1%96%98.1%98.4%
Days to sellMedian days from listing to contract43764633
Supply

49 homes for sale on a typical day

That’s 41% fewer than in 2017–19 and well under 2012’s 126.

2012: 126 for sale’122013: 110 for sale2014: 97 for sale2015: 111 for sale’152016: 82 for sale2017: 84 for sale2018: 92 for sale’182019: 74 for sale2020: 73 for sale2021: 71 for sale’212022: 49 for sale2023: 47 for sale2024: 61 for sale’242025: 46 for saleLast 12 months: 49 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 21% in 2017–19 and 28% across Michigan. More sellers are pricing high and coming down.

2016: 19%’162017: 20%2018: 22%2019: 22%’192020: 17%2021: 18%2022: 23%’222023: 21%2024: 28%2025: 34%’25Last 12 months: 32%Now
Prices by type

Since 2019, houses are up 54%, condos 27%

A house typically sold for $167K in the last year (196 sales), a condo for $220K (13).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $54K, 216 salesHouses 2014: $62K, 185 salesHouses 2015: $67K, 249 salesHouses 2016: $70K, 215 salesHouses 2017: $99K, 194 salesHouses 2018: $101K, 217 salesHouses 2019: $109K, 245 salesHouses 2020: $112K, 272 salesHouses 2021: $126K, 283 salesHouses 2022: $144K, 231 salesHouses 2023: $155K, 207 salesHouses 2024: $153K, 225 salesHouses 2025: $164K, 197 salesHouses last 12 months: $167K, 196 salesHouses $167KCondos 2013: $113K, 12 salesCondos 2014: $135K, 10 salesCondos 2015: $87K, 15 salesCondos 2016: $146K, 18 salesCondos 2017: $132K, 14 salesCondos 2018: $126K, 8 salesCondos 2019: $173K, 10 salesCondos 2020: $153K, 10 salesCondos 2021: $215K, 13 salesCondos 2022: $152K, 11 salesCondos 2023: $214K, 7 salesCondos 2024: $277K, 10 salesCondos 2025: $222K, 12 salesCondos last 12 months: $220K, 13 salesCondos $220K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Michigan

Adrian ranks 122nd of 194 busy Michigan markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Adrian is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Adrian home costs about $1,081 a month

Mortgage
Property tax
Insurance
Rent

Price: Adrian’s typical sale, last 12 months. Property tax at Adrian’s 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Adrian is affordable on local pay is on Cost of living.

Before you buy in Adrian

Six things worth knowing

34

New listings in June

The month with the most choice. December has the fewest, about 14.

Best time to buy
1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $166K home, about $2,580 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Adrian, from test results, graduation and how much students grow.

Schools in Adrian
22 min

Typical commute

The average one-way trip to work for people who live in Adrian.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Morenci and Hudson sell for less a square foot; Tecumseh, Manitou Beach-Devils Lake and Petersburg for far more

The busier markets within 25 miles of Adrian, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Adrian219$166K$12330%43
Tecumseh141$264K$17226%45
Manitou Beach-Devils Lake64$458K$3095%83
Blissfield47$213K$14234%57
Morenci40$125K$9832%76
Hudson32$160K$9522%60
Petersburg22$214K$18450%35

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Adrian, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Adrian. People who follow the town see it, and so do people comparing Adrian with their own town. No commission, no listing fee.

Questions about buying a home in Adrian

What do homes sell for in Adrian, MI?

219 homes sold in the year to May 2026 at a typical $166K, $123 a square foot. Houses sold for about $167K, condos for about $220K.

Is Adrian a buyer’s or seller’s market?

A seller’s market: 49 homes were for sale in May 2026 and 15 sold, about 3.3 months of supply. Buyers paid 98.1% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Adrian?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Adrian?

About 1.6% of a home’s value a year. On a $166K home that’s near $2,580.

Where can I see homes for sale in Adrian?

Zillow, Redfin, Realtor.com and Homes.com all carry Adrian’s MLS listings; the search links above open each one filtered to Adrian.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).