Is Adrian, MI 49221 a buyer’s or seller’s market?

The Adrian housing market right now

In the three months ending August 31, 2026, 33% of homes in Adrian, MI 49221 sold above their list price, the typical home went under contract in 39 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 136 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (33% then), homes sold more slowly (34 days then) and the median sale price fell 11% to $199,864. Overall, Adrian is about as competitive as it was a year ago.

Within Lenawee County, homes here sell faster than in 69% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Adrian ranks #301 of 510 MI ZIP codes with enough sales (score 59 out of 100).

Nearby, buyers who want less competition could look at Jasper 49248 (0% sold over asking) or Tipton 49287 (10% sold over asking), while Clayton 49235 (100% sold over asking) and Sand Creek 49279 (100% sold over asking) are even more competitive.