Zip 49221 (Adrian, MI) Housing

The housing market in Adrian, MI (49221) is showing strong appreciation compared to the US average. The median value of homes in Adrian is $176,800, which is significantly lower than the US house median value of $338,100. However, in the last year, Adrian's home appreciation rate was 9.09%, higher than the national average of 8.27%. This indicates that despite its relatively low cost of entry into the housing market, Adrian is still a great place to invest since it is seeing growth faster than many other places.

The median home cost in Adrian (zip 49221) is $176,800. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Adrian (zip 49221) is up 16.2%.

Average Age of Homes

- The median age of Adrian (zip 49221) real estate is 49 years old

The Rental Market in Adrian (zip 49221)

- Renters make up 26.9% of the Adrian (zip 49221) population
- 1.7% of houses and apartments in Adrian (zip 49221), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Adrian, Michigan	United States
	16,809.0	139,647,020.0
	51	42
	$176,800	$338,100
	16.2%	16.6%
	56.4%	57.0%
	106.2%	101.1%
	$15.09	$10.98
	$1,963	$2,690
	64.0%	57.4%
	8.2%	11.2%
	27.8%	31.4%
Vacant Housing
	1.7%	1.9%
	0.9%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	1.0%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	6.8%	2.6%
	5.6%	2.4%
	5.9%	2.8%
	9.1%	3.9%
	9.3%	4.5%
	22.3%	11.3%
	21.1%	13.0%
	15.6%	20.1%
	2.5%	13.6%
	1.3%	8.3%
	0.4%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	17.4%	13.6%
	7.6%	13.2%
	12.2%	14.8%
	17.4%	13.6%
	13.9%	10.0%
	5.9%	4.7%
	19.6%	12.2%

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