Adrian Real Estate
124 active listings · 450 sold in the past 12mo
$225,000
Median List Price
450
Sold (past 12mo)
69
Avg Days on Market
+3.1%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Adrian Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Adrian and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(124)
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For Sale
1/24
$1,495,000
2120 Heatherwood Drive, Adrian, MI 49221
6 bd7 ba5,519 sqft4.98 ac
Single Family
For Sale
1/86
$949,900
2550 Bent Oak Avenue, Adrian, MI 49221
11 bd5 ba1.73 ac
Single Family
For Sale
1/86
$949,900
2550 Bent Oak Avenue, Adrian, MI 49221
1.73 ac
Multi-Fam
Under Contract
1/91
$945,000
3120 Windmill Drive, Adrian, MI 49221
4 bd4 ba1.50 ac
Single Family
Under Contract
1/75
$729,900
575 Budlong Street, Adrian, MI 49221
5 bd3 ba1.54 ac
Single Family
For Sale
1/13
$581,000
4892 Thompson Heights Drive, Adrian, MI 49221
3 bd4 ba2,642 sqft0.60 ac
Single Family
For Sale
1/54
$559,900
4563 Kelsey Avenue, Adrian, MI 49221
4 bd3 ba0.50 ac
Single Family
For Sale
1/68
$549,900
1708 Nicholas Lane, Adrian, MI 49221
4 bd3 ba0.62 ac
Single Family
Under Contract
1/68
$499,900
1494 E Gorman Road, Adrian, MI 49221
4 bd3 ba3.95 ac
Single Family
For Sale
1/43
$458,500
4823 Thompson Heights Drive, Adrian, MI 49221
4 bd4 ba2,509 sqft0.60 ac
Single Family
For Sale
1/38
$453,400
4909 Schmitz Court, Adrian, MI 49221
3 bd2 ba2,019 sqft0.54 ac
Single Family
For Sale
1/37
$444,850
4958 Thompson Heights Drive, Adrian, MI 49221
4 bd2 ba1,880 sqft0.71 ac
Single Family
For Sale
1/36
$416,900
4173 Evergreen Road, Adrian, MI 49221
3 bd2 ba0.44 ac
Single Family
For Sale
1/76
$409,900
2933 Ashley Drive, Adrian, MI 49221
5 bd3 ba3,262 sqft2.02 ac
Single Family
For Sale
1/39
$399,900
16 Lakeridge Drive, Adrian, MI 49221
4 bd2 ba1,825 sqft0.48 ac
Single Family
For Sale
1/53
$399,900
4753 Holloway Road, Adrian, MI 49221
5 bd3 ba1.44 ac
Single Family
For Sale
1/38
$399,900
4018 McKenna Drive, Adrian, MI 49221
3 bd2 ba0.64 ac
Single Family
Under Contract
1/87
$399,000
325 N Scott Street, Adrian, MI 49221
4 bd3 ba1.31 ac
Single Family
For Sale
1/62
$379,900
5741 N. Adrian Hwy. Road, Adrian, MI 49221
4 bd2 ba1.34 ac
Single Family
Under Contract
1/44
$374,900
2066 Friar Tuck Circle, Adrian, MI 49221
3 bd3 ba1,698 sqft0.60 ac
Single Family
For Sale
1/33
$346,200
2016 Green Acres Drive, Adrian, MI 49221
4 bd4 ba1,993 sqft0.26 ac
Single Family
For Sale
1/30
$345,000
3822 Sharp Rd Road, Adrian, MI 49221
6 bd3 ba1 ac
Single Family
For Sale
1/50
$340,000
2745 E Carleton Road, Adrian, MI 49221
3 bd2 ba1.41 ac
Single Family
Under Contract
1/44
$339,900
3324 Sutton Road, Adrian, MI 49221
4 bd2 ba1.07 ac
Single Family
Recently Sold(450)
Frequently Asked Questions about Adrian
Are there homes available in Adrian right now?
Buyers in Adrian can choose from 124 active listings. The median asking price is $225,000.
How much do homes cost in Adrian?
The median sale price in Adrian is $225,000, based on 450 closed sales over the past 12 months.
How long do homes stay on the market in Adrian?
Homes in Adrian sell in an average of 69 days, based on 450 sales over the past 12 months.
What schools are in Adrian?
Multiple school districts may serve Adrian. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
What are market conditions like in Adrian?
Adrian is currently a balanced market, with 3.3 months of supply. That ratio comes from 124 active listings relative to 450 sales per year.
What are property taxes like in Adrian?
Property taxes in Adrian are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What does demographic data show about housing demand in Adrian?
Based on Census Bureau ACS data, the Household Formation Gap in Adrian is +3.1%, indicating stable demographic housing demand. Household size moved from 2.38 to 2.2. HFG is a secondary market indicator reflecting household formation, not a primary market measure.