Market Intelligence Report — MI-300

Adrian, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-06
As of the latest 2026 data
Very Competitive

Median Listing

$298K
-0.3% YoY

Pending Ratio

0.84
-1.2% YoY

Active Inventory

193
+4.0% YoY

Median DOM

40 Days
+4.6% YoY

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The Adrian market is Very Competitive, with a pending ratio of 0.84 indicating strong demand absorption. Despite a slight year-over-year decline in new listings, active listings have expanded modestly, reflecting some inventory replenishment while demand remains elevated.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Adrian market right now.

The market shows a mild cooling in the year-over-year pending ratio by 1.2 points, yet remains robust. Median listing prices have exhibited a monthly increase of 2.6%, while the yearly trend is nearly flat at -0.3%. Active listings have grown by 4.0% year-over-year, alongside an 8.1% year-over-year contraction in new listings. Median days on market increased by 4.6% over the past year, and the share of price-reduced listings saw a slight annual decrease of 1.2 percentage points.

Historical Analysis

Market Trends

Median Price

$298K+2.6% MoM

Active Inventory

193+4.0% YoY

Days on Market

40+4.6% YoY

Sold Score™

76-1.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

76
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jul 23Jun 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jul 23Feb 24Sep 24Apr 25Nov 25Jun 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The high pending ratio suggests that properties are being absorbed rapidly, placing upward pressure on pricing and inventory. This environment necessitates prompt engagement for prospective purchasers and supports price discipline for asset holders. The extended days on market, however, hint at a nuanced pace for certain segments.

Luxury Segment

Average listing prices have increased by 6.8% over the past year, outpacing the slight decline in median listing prices and suggesting robust activity within higher price tiers. The median price per square foot has also increased by 2.1% year over year. No distinct luxury-segment signal in this dataset.

Supply Dynamics

193 active listings represent the current floor, with new supply arriving at roughly 136 per month.

Pricing Pressure
14.6%

of active listings carry a price reduction, -1.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.1% year-over-year.

Absorption
0.84

Pending-to-active ratio — Very Competitive.

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Metro Demographics

Metro Area
Adrian, MI
CBSA Code
10300
State
MI
Analysis FAQ
  • What is the current market condition in Adrian?+

    As of the latest 2026 data, the Adrian metro is classified as Very Competitive. Pending ratio is 0.84 with median days on market at 40.

  • Are home prices dropping in Adrian?+

    Median listing price is $298K, -0.3% year over year. 14.6% of active listings carry a price reduction.

  • How fast are homes selling in Adrian?+

    The typical listing sits 40 days on market, a +4.6% change YoY. New listings are arriving at 136 per month.

  • What's happening in the Adrian luxury market?+

    Average listing prices have increased by 6.8% over the past year, outpacing the slight decline in median listing prices and suggesting robust activity within higher price tiers. The median price per square foot has also increased by 2.1% year over year. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Adrian real estate expert?+

    Primpted maintains a vetted registry of Adrian agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 10300 · 36mo history