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Cheap Homes in Adrian, MI

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Adrian, MI Foreclosures

How much do homes sell for in Adrian, MI?
The average home price is currently $206,355.
What’s the average rental cost in Adrian, MI?
The average rental price in Adrian is $1,065.
What is the most expensive home in Adrian?
The most expensive home sold in Adrian had a price of $2,425,047.
What is currently the cheapest priced home in Adrian, MI?
The cheapest home for sale in Adrian is priced at $13,662.

Living in Adrian, MI

Adrian, located in Lenawee County, Michigan, is a small city with a vibrant community atmosphere. It boasts a rich history and a variety of local amenities including parks, schools, and shops. With a balance of urban and rural living, residents enjoy a slower pace of life with quick access to larger cities.

Current Market Conditions in Adrian, MI

Real estate in Adrian is witnessing steady growth, making it an attractive option for home buyers and investors. The median home prices are still affordable compared to larger urban areas, with a mix of older homes and new constructions.

Recent trends show an increase in demand due to the city's affordability and appealing amenities, resulting in competitive offers on desirable properties.

Home Value Estimator For Adrian, MI

There are currently 13,503 real estate properties in Adrian, MI, with a median automated valuation model (AVM) price of $191,486.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Adrian, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Adrian, MI, is $206,355.00, with the most expensive house in Adrian, MI, topping out at $2,425,047.00 and the cheapest home in Adrian, MI, clocking in at $13,662.00. In other words, there’s something for every potential homebuyer or savvy investor in Adrian, MI!

Rent Prices In Adrian, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Adrian, MI, is on a rollercoaster ride. The average rent price in Adrian, MI, is $1,065.00. Indeed, when looking to rent in Adrian, MI, you can expect to pay as little as $560.00 or as much as $2,120.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Adrian, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Adrian, MI

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