Adrian Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Adrian averaged 7.29% for the week of 2024-05-16, compared to the national average of 7.02% for the same period.

The average rate for the prior week (2024-05-09) was 7.06% and one month ago for the week of 2024-04-11, the average rate was 6.85%.

Adrian's average rate one year ago was 6.42%.

For refis of the same type during the week of 2024-05-16, the average rate was 7.62%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-16 7.02%
Adrian 30 Year Fixed Rate 2024-05-16 7.29%
Adrian 30 Year Fixed Rate Refi 2024-05-16 7.62%
Adrian 15 Year Fixed Rate 2024-05-16 6.08%
Adrian 15 Year Fixed Rate Refi 2024-05-16 6.88%
Adrian 30 Year FHA 2024-05-16 7.04%
Adrian 30 Year FHA Refi 2024-05-16 6.84%
Adrian 30 Year USDA 2024-05-16 6.75%
Adrian 30 Year USDA Refi 2024-05-16 6.85%
Adrian 30 Year VA 2024-05-16 6.68%
Adrian 30 Year VA Refi 2024-05-16 6.4%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Adrian, MI.

Adrian Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Adrian, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
TLC COMMUNITY Credit Union 103 6.65% $2,672
QUICKEN LOANS, LLC 66 6.90% $5,991
GVC MORTGAGE, INC. 48 7.30% $6,450
First Federal Bank of the Midwest 37 7.09% $3,133
UNITED WHOLESALE MORTGAGE, LLC 31 7.24% $6,203
The Huntington National Bank 31 7.05% $4,350
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 27 7.32% $5,594
Old National Bank 20 6.86% $3,159
KeyBank 17 7.19% $3,664
County National Bank 15 6.82% $4,474
MORTGAGE 1 INCORPORATED 15 7.27% $5,077
HOWARD HANNA FINANCIAL SERVICES, INC. 14 6.65% $4,280
UNION HOME MORTGAGE CORP. 14 7.24% $5,576
The Dart Bank 12 6.63% $3,065
STAUNTON FINANCIAL, INC. 12 6.75% $5,033
CROSSCOUNTRY MORTGAGE, LLC 11 7.16% $4,924
JPMorgan Chase Bank 9 6.68% $3,509
FIRST CHOICE MH LLC 8 9.78% $2,445
RUOFF MORTGAGE COMPANY, INC. 8 7.00% $3,891
First Merchants Bank 7 6.93% $4,029
Fifth Third Bank 6 7.33% $2,454
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 6 6.81% $5,229
PNC Bank 6 6.69% $3,167
U.S. Bank 5 6.80% $6,553
TOWNE MORTGAGE COMPANY 5 6.55% $7,320
Flagstar Bank, FSB 5 7.76% $3,668
EQUITY RESOURCES, INC. 5 6.33% $3,905
MORTGAGE CENTER L.C 4 6.84% $4,231
UNIVERSITY OF MICHIGAN CREDIT UNION 4 6.31% $2,811
Mr. Cooper ( Nationstar Mortgage ) 4 6.84% $7,207
AMERICAN FINANCIAL NETWORK, INC. 4 6.31% $4,950
LOANDEPOT.COM, LLC 3 7.04% $6,412
ZILLOW HOME LOANS, LLC 3 6.92% $5,102
AMERISAVE MORTGAGE CORPORATION 3 6.04% $7,469
CONSUMERS 3 6.75% $3,513
University Bank 3 7.08% $6,555
The Union Bank Company 3 7.25% $4,591
BETTER MORTGAGE CORPORATION 3 6.67% $5,161
DFCU FINANCIAL 3 7.08% $3,722
Directions Credit Union, Inc. 3 6.58% $0
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3 6.25% $5,658
MICHIGAN MUTUAL, INC. 3 7.04% $5,942
PLAZA HOME MORTGAGE, INC. 3 6.79% $7,588
Wells Fargo Bank 3 7.21% $4,770
NEWREZ LLC 3 7.33% $2,760
MUTUAL OF OMAHA MORTGAGE, INC. 3 6.96% $4,835
WINGS FINANCIAL 3 6.42% $2,986
Mortgage Research Center, LLC 3 7.21% $2,841
MEMBER FIRST MORTGAGE, LLC 3 7.67% $3,042
GENISYS 2 6.75% $2,499
Bank of America 2 6.56% $4,128
Comerica Bank 2 6.94% $1,843
COMMUNITY FINANCIAL CREDIT UNION 2 6.25% $3,298
MID AMERICA MORTGAGE, INC. 2 6.88% $7,320
MOVEMENT MORTGAGE, LLC 2 6.43% $4,636
PENNYMAC LOAN SERVICES, LLC 2 6.87% $2,509
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.99% $7,409
The State Bank and Trust Company 2 6.94% $6,233
USAA Federal Savings Bank 2 7.13% $3,572
MMS MORTGAGE SERVICES, LTD. 1 6.50% $3,103
INTERSTATE HOME LOAN CENTER, INC. 1 8.00% $11,057
Independent Bank 1 5.75% $2,851
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.50% $3,903
Bank of England 1 7.63% $6,142
GUARANTEED RATE, INC. 1 7.00% $3,025
1st State Financial, Ltd. 1 6.50% $4,257
GENEVA FINANCIAL, LLC 1 7.25% $4,624
NexBank 1 6.75% $4,599
NORTHERN MORTGAGE SERVICES, LLC 1 6.25% $948
Northpointe Bank 1 6.38% $3,605
FREEDOM MORTGAGE CORPORATION 1 5.88% $3,689
Paramount Residential Mortgage Group, Inc. 1 6.63% $5,720
Waterstone Mortgage Corporation 1 7.88% $7,642
PHH Mortgage Corporation 1 6.38% $3,370
Platinum Home Mortgage Corporation 1 6.50% $6,919
First State Bank 1 4.99% $4,750
First Federal Savings and Loan Association of Lakewood 1 6.55% $6,237
Preston Home Loans Inc 1 6.13% $8,012
Bank of Ann Arbor 1 6.13% $3,474
Farmers Bank & Trust 1 6.38% $3,745
EVERETT FINANCIAL, INC. 1 6.99% $5,279
EMM LOANS LLC 1 6.99% $3,421
SUCCESS MORTGAGE PARTNERS, INC. 1 6.88% $4,229
SUN Federal Credit Union 1 5.00% $1,639
The Croghan Colonial Bank 1 5.75% $2,974
Discover Bank 1 8.74% $0
DELMAR FINANCIAL COMPANY 1 6.25% $3,662
The Loan Store, Inc. 1 6.38% $6,345
The Old Fort Banking Company 1 5.75% $2,543
ASSEMBLIES OF GOD Credit Union 1 6.75% $2,934
DAS Acquisition Company, LLC 1 7.50% $9,983
CREDIT UNION ONE 1 7.38% $3,605
CMG MORTGAGE, INC. 1 7.75% $3,542
Truist 1 6.49% $3,506
Citizens Bank 1 6.75% $6,564
CARDINAL FINANCIAL 1 8.13% $5,833
BROKER SOLUTIONS, INC. 1 6.88% $5,489
Baxter Credit Union 1 7.50% $3,000
MARSHALL COMMUNITY CREDIT UNION 1 6.13% $3,001
MICHIGAN FIRST CREDIT UNION 1 11.25% $5,474
LAKEVIEW LOAN SERVICING, LLC 1 6.99% $10,479
MICHIGAN SCHOOLS AND GOVERNMENT 1 4.25% $2,648
LAKE MICHIGAN CREDIT UNION 1 7.13% $3,043
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.25% $8,502

Adrian Average Closing Costs & Other Stats

Adrian, MI's 104 lenders originated 1,877 loans during 2023. The total origination value was $279,695,000, with an average loan value of $149,012.

Adrian's average closing costs are $4,192.

The top Adrian lender as defined by loan originations is TLC COMMUNITY Credit Union, with 103 loans originated. Their average total fees are $2,672, which is $3,319 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Adrian lenders (with over 10 loans originated) are TLC COMMUNITY Credit Union ($2,672), The Dart Bank ($3,065), First Federal Bank of the Midwest ($3,133), Old National Bank ($3,159) and KeyBank ($3,664).

The lowest rate Adrian lenders (with over 10 loans originated) are The Dart Bank (6.63%), TLC COMMUNITY Credit Union (6.65%), HOWARD HANNA FINANCIAL SERVICES, INC. (6.65%), STAUNTON FINANCIAL, INC. (6.75%) and County National Bank (6.82%).

Adrian, MI Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
TLC COMMUNITY Credit Union $38,735,000 $27,090,000 -30.1% 9.7%
GVC MORTGAGE, INC. $28,475,000 $23,650,000 -16.9% 8.5%
QUICKEN LOANS, LLC $42,010,000 $22,450,000 -46.6% 8.0%
The Huntington National Bank $24,785,000 $14,395,000 -41.9% 5.1%
UNITED WHOLESALE MORTGAGE, LLC $15,250,000 $13,835,000 -9.3% 4.9%
Old National Bank $24,920,000 $13,250,000 -46.8% 4.7%
First Federal Bank of the Midwest $24,745,000 $13,105,000 -47.0% 4.7%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $9,875,000 $10,455,000 5.9% 3.7%
County National Bank $11,190,000 $7,685,000 -31.3% 2.7%
Mortgage Research Center, LLC $8,610,000 $5,780,000 -32.9% 2.1%
UNION HOME MORTGAGE CORP. $8,885,000 $5,760,000 -35.2% 2.1%
KeyBank $9,505,000 $5,345,000 -43.8% 1.9%
MORTGAGE 1 INCORPORATED $5,940,000 $5,315,000 -10.5% 1.9%
GreenStone Farm Credit Services, FLCA $4,935,000 $4,745,000 -3.9% 1.7%
The Dart Bank $3,745,000 $4,315,000 15.2% 1.5%
CROSSCOUNTRY MORTGAGE, LLC $5,570,000 $3,800,000 -31.8% 1.4%
STAUNTON FINANCIAL, INC. $4,745,000 $3,645,000 -23.2% 1.3%
HOWARD HANNA FINANCIAL SERVICES, INC. $5,600,000 $2,870,000 -48.8% 1.0%
University Bank $1,375,000 $2,345,000 70.5% 0.8%
JPMorgan Chase Bank $99,550,000 $2,310,000 -97.7% 0.8%
First Merchants Bank $3,295,000 $2,190,000 -33.5% 0.8%
AMERICAN FINANCIAL NETWORK, INC. $2,180,000 n/a 0.8%
PNC Bank $4,520,000 $2,125,000 -53.0% 0.8%
PENNYMAC LOAN SERVICES, LLC $2,370,000 $2,095,000 -11.6% 0.7%
Southern Michigan Bank & Trust $660,000 $2,065,000 212.9% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,730,000 $1,805,000 4.3% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $4,090,000 $1,790,000 -56.2% 0.6%
RUOFF MORTGAGE COMPANY, INC. $4,960,000 $1,770,000 -64.3% 0.6%
AMERISAVE MORTGAGE CORPORATION $1,660,000 $1,750,000 5.4% 0.6%
Flagstar Bank, FSB $7,705,000 $1,675,000 -78.3% 0.6%
NAVY FEDERAL CREDIT UNION $2,565,000 $1,635,000 -36.3% 0.6%
U.S. Bank $1,125,000 $1,635,000 45.3% 0.6%
Bank of America $2,230,000 $1,600,000 -28.3% 0.6%
Fifth Third Bank $3,700,000 $1,590,000 -57.0% 0.6%
UNIVERSITY OF MICHIGAN CREDIT UNION $2,150,000 $1,565,000 -27.2% 0.6%
TOWNE MORTGAGE COMPANY $215,000 $1,560,000 625.6% 0.6%
Comerica Bank $1,900,000 $1,515,000 -20.3% 0.5%
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION $1,205,000 $1,210,000 0.4% 0.4%
PLAZA HOME MORTGAGE, INC. $810,000 $1,185,000 46.3% 0.4%
DFCU FINANCIAL $2,040,000 $1,125,000 -44.9% 0.4%
Directions Credit Union, Inc. $610,000 $1,075,000 76.2% 0.4%
USAA Federal Savings Bank $1,325,000 $1,075,000 -18.9% 0.4%
LOANDEPOT.COM, LLC $6,450,000 $1,070,000 -83.4% 0.4%
FREEDOM MORTGAGE CORPORATION $2,780,000 $1,015,000 -63.5% 0.4%
COMMUNITY FINANCIAL CREDIT UNION $545,000 $1,005,000 84.4% 0.4%
Carrington Mortgage Services, LLC $910,000 $1,000,000 9.9% 0.4%
MEMBER FIRST MORTGAGE, LLC $460,000 $995,000 116.3% 0.4%
First Savings Bank $605,000 $955,000 57.9% 0.3%
CREDIT UNION ONE $310,000 $950,000 206.5% 0.3%
MORTGAGE CENTER L.C $2,830,000 $945,000 -66.6% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $1,030,000 $925,000 -10.2% 0.3%
The State Bank and Trust Company $910,000 $925,000 1.6% 0.3%
21ST MORTGAGE CORPORATION $810,000 $915,000 13.0% 0.3%
CARDINAL FINANCIAL $915,000 n/a 0.3%
Wells Fargo Bank $2,730,000 $880,000 -67.8% 0.3%
Citizens Bank $2,370,000 $875,000 -63.1% 0.3%
EQUITY RESOURCES, INC. $1,370,000 $875,000 -36.1% 0.3%
The Union Bank Company $245,000 $875,000 257.1% 0.3%
Preston Home Loans Inc $185,000 $820,000 343.2% 0.3%
FIRST CHOICE MH LLC $45,000 $815,000 1,711.1% 0.3%
NEWREZ LLC $960,000 $805,000 -16.1% 0.3%
BROKER SOLUTIONS, INC. $1,410,000 $785,000 -44.3% 0.3%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $760,000 $785,000 3.3% 0.3%
Discover Bank $225,000 $780,000 246.7% 0.3%
The Farmers & Merchants State Bank $640,000 $725,000 13.3% 0.3%
WINGS FINANCIAL $825,000 $710,000 -13.9% 0.3%
BETTER MORTGAGE CORPORATION $840,000 $685,000 -18.5% 0.2%
NEW DAY FINANCIAL, LLC $1,080,000 $675,000 -37.5% 0.2%
TRIAD FINANCIAL SERVICES, INC. $395,000 $665,000 68.4% 0.2%
COMMUNITY CHOICE CREDIT UNION $425,000 $615,000 44.7% 0.2%
The Genoa Banking Company $595,000 n/a 0.2%
First Federal Savings and Loan Association of Lakewood $1,755,000 $545,000 -68.9% 0.2%
GENISYS $175,000 $545,000 211.4% 0.2%
Coastal Community Bank $530,000 n/a 0.2%
CALIBER HOME LOANS, INC. $2,710,000 $525,000 -80.6% 0.2%
ZILLOW HOME LOANS, LLC $380,000 $525,000 38.2% 0.2%
MID AMERICA MORTGAGE, INC. $305,000 $510,000 67.2% 0.2%
The Federal Savings Bank $435,000 $510,000 17.2% 0.2%
LAKE MICHIGAN CREDIT UNION $2,885,000 $490,000 -83.0% 0.2%
LIMA ONE CAPITAL, LLC $1,180,000 $485,000 -58.9% 0.2%
MICHIGAN MUTUAL, INC. $1,045,000 $485,000 -53.6% 0.2%
CONSUMERS $205,000 $465,000 126.8% 0.2%
Barrington Bank & Trust Company, N.A. $565,000 $450,000 -20.4% 0.2%
BLG HOLDINGS, INC. $135,000 $440,000 225.9% 0.2%
GUARANTEED RATE, INC. $2,860,000 $440,000 -84.6% 0.2%
Equity Prime Mortgage LLC $45,000 $435,000 866.7% 0.2%
Bank of Ann Arbor $2,600,000 $405,000 -84.4% 0.1%
DELMAR FINANCIAL COMPANY $390,000 n/a 0.1%
MOVEMENT MORTGAGE, LLC $540,000 $380,000 -29.6% 0.1%
Lake Trust Credit Union $45,000 $375,000 733.3% 0.1%
American 1 Credit Union $370,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $690,000 $370,000 -46.4% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,250,000 $365,000 -70.8% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $95,000 $355,000 273.7% 0.1%
SUN Federal Credit Union $355,000 $355,000 0.0% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $805,000 $330,000 -59.0% 0.1%
MICHIGAN SCHOOLS AND GOVERNMENT $320,000 n/a 0.1%
Figure Lending LLC $390,000 $315,000 -19.2% 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $360,000 $310,000 -13.9% 0.1%
1st State Financial, Ltd. $295,000 $305,000 3.4% 0.1%
MARSHALL COMMUNITY CREDIT UNION $305,000 n/a 0.1%
Northpointe Bank $455,000 $305,000 -33.0% 0.1%
Mercantile Bank of Michigan $295,000 n/a 0.1%
ASSEMBLIES OF GOD Credit Union $285,000 n/a 0.1%
DAS Acquisition Company, LLC $275,000 n/a 0.1%
The Old Fort Banking Company $275,000 n/a 0.1%
Farmers Bank & Trust $255,000 n/a 0.1%
MICHIGAN FIRST CREDIT UNION $870,000 $250,000 -71.3% 0.1%
Arvest Bank $245,000 n/a 0.1%
Independent Bank $530,000 $245,000 -53.8% 0.1%
Waterford Bank, N.A. $1,515,000 $235,000 -84.5% 0.1%
PHH Mortgage Corporation $265,000 $230,000 -13.2% 0.1%
EMM LOANS LLC $225,000 n/a 0.1%
Truist $225,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $220,000 n/a 0.1%
INTERSTATE HOME LOAN CENTER, INC. $215,000 n/a 0.1%
UNITED $215,000 n/a 0.1%
Honor Credit Union $85,000 $205,000 141.2% 0.1%
Platinum Home Mortgage Corporation $810,000 $205,000 -74.7% 0.1%
The Croghan Colonial Bank $205,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,795,000 $195,000 -89.1% 0.1%
CORNERSTONE HOME LENDING, INC. $185,000 n/a 0.1%
First State Bank $185,000 n/a 0.1%
DIAMOND RESIDENTIAL MORTGAGE CORPORATION $175,000 n/a 0.1%
Providence Bank & Trust $175,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $440,000 $175,000 -60.2% 0.1%
Waterstone Mortgage Corporation $405,000 $175,000 -56.8% 0.1%
Centier Bank $100,000 $165,000 65.0% 0.1%
NexBank $165,000 n/a 0.1%
The Loan Store, Inc. $165,000 n/a 0.1%
CMG MORTGAGE, INC. $115,000 $155,000 34.8% 0.1%
HOMEXPRESS MORTGAGE CORP. $145,000 n/a 0.1%
Nations Lending Corporation $450,000 $145,000 -67.8% 0.1%
Third Federal Savings and Loan Association of Cleveland $145,000 n/a 0.1%
Bank of England $135,000 n/a 0.0%
EVERETT FINANCIAL, INC. $1,590,000 $135,000 -91.5% 0.0%
NORTHERN MORTGAGE SERVICES, LLC $155,000 $135,000 -12.9% 0.0%
Paramount Residential Mortgage Group, Inc. $425,000 $135,000 -68.2% 0.0%
Summit Mortgage Corporation $135,000 n/a 0.0%
United Bay Community Credit Union $135,000 n/a 0.0%
SPRING EQ, LLC $165,000 $130,000 -21.2% 0.0%
KALSEE CREDIT UNION $125,000 n/a 0.0%
MMS MORTGAGE SERVICES, LTD. $125,000 n/a 0.0%
Zeal Credit Union $50,000 $125,000 150.0% 0.0%
PARKSIDE $120,000 n/a 0.0%
Baxter Credit Union $235,000 $115,000 -51.1% 0.0%
Bethpage Federal Credit Union $105,000 n/a 0.0%
Eaton Community Bank $265,000 $105,000 -60.4% 0.0%
FINANCE OF AMERICA REVERSE LLC $105,000 n/a 0.0%
First National Bank of America $95,000 $105,000 10.5% 0.0%
RESIDENTIAL BANCORP $105,000 n/a 0.0%
VILLAGE CAPITAL MORTGAGE $235,000 $95,000 -59.6% 0.0%
AmeriHome Mortgage Company, LLC $640,000 $75,000 -88.3% 0.0%
PLANET HOME LENDING, LLC $75,000 n/a 0.0%
ARBOR FINANCIAL CREDIT UNION $65,000 n/a 0.0%
VIBE CREDIT UNION $175,000 $65,000 -62.9% 0.0%
ADVIA $55,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $55,000 n/a 0.0%
GENEVA FINANCIAL, LLC $85,000 $55,000 -35.3% 0.0%
NEW ENGLAND FEDERAL CREDIT UNION $400,000 $55,000 -86.3% 0.0%
Parda Federal Credit Union $55,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $35,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $35,000 n/a 0.0%
Superior Credit Union, Inc. $35,000 n/a 0.0%
First Independence Bank $15,000 n/a 0.0%
GreenStone Farm Credit Services, ACA $15,000 n/a 0.0%
Michigan Educational Credit Union $870,000 $15,000 -98.3% 0.0%
MONROE COUNTY COMMUNITY CREDIT UNION $195,000 $15,000 -92.3% 0.0%

Adrian's top lender by overall market share is TLC COMMUNITY Credit Union, with 9.7% market share. In second place, with 8.5%, is GVC MORTGAGE, INC., having originated $23,650,000 in loans. In third place, with 8.0%, is QUICKEN LOANS, LLC, having originated $22,450,000 in loans. In fourth place, with 5.1%, is The Huntington National Bank, having originated $14,395,000 in loans. In fifth place, with 4.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $13,835,000 in loans.


Adrian Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Adrian (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $139,900 (-0.1%) $170,754 (-1.0%) 0.00 372
2018-02-01 $139,900 (-5.1%) $175,234 (-2.2%) 0.00 359
2018-03-01 $143,000 (-4.6%) $178,549 (-0.6%) 0.00 367
2018-04-01 $149,900 (-5.8%) $193,973 (4.5%) 0.00 390
2018-05-01 $153,988 (-3.4%) $198,482 (5.4%) 0.00 435
2018-06-01 $151,900 (-7.9%) $197,460 (0.3%) 0.00 481
2018-07-01 $155,425 (-5.7%) $203,081 (4.0%) 0.00 493
2018-08-01 $154,925 (-1.6%) $203,335 (5.9%) 0.00 498
2018-09-01 $159,000 (4.6%) $199,093 (4.0%) 0.00 490
2018-10-01 $159,900 (7.1%) $197,295 (5.7%) 0.00 488
2018-11-01 $165,000 (15.2%) $199,099 (11.8%) 0.00 457
2018-12-01 $165,000 (17.9%) $198,363 (14.2%) 0.00 402
2019-01-01 $165,000 (17.9%) $199,841 (17.0%) 0.00 377
2019-02-01 $162,400 (16.1%) $198,670 (13.4%) 0.00 364
2019-03-01 $167,086 (16.8%) $204,631 (14.6%) 0.00 378
2019-04-01 $169,950 (13.4%) $212,215 (9.4%) 0.00 394
2019-05-01 $169,950 (10.4%) $218,277 (10.0%) 0.00 415
2019-06-01 $175,000 (15.2%) $223,898 (13.4%) 0.00 447
2019-07-01 $177,000 (13.9%) $223,121 (9.9%) 0.00 457
2019-08-01 $179,900 (16.1%) $423,408 (108.2%) 0.00 476
2019-09-01 $179,900 (13.1%) $306,089 (53.7%) 0.00 486
2019-10-01 $179,900 (12.5%) $213,878 (8.4%) 0.00 487
2019-11-01 $164,900 (-0.1%) $202,111 (1.5%) 0.00 458
2019-12-01 $159,900 (-3.1%) $196,219 (-1.1%) 0.00 397
2020-01-01 $166,050 (0.6%) $198,168 (-0.8%) 0.00 280
2020-02-01 $159,900 (-1.5%) $203,474 (2.4%) 0.00 254
2020-03-01 $166,150 (-0.6%) $231,405 (13.1%) 0.00 245
2020-04-01 $179,900 (5.9%) $236,321 (11.4%) 0.00 253
2020-05-01 $197,000 (15.9%) $246,941 (13.1%) 0.00 263
2020-06-01 $227,729 (30.1%) $272,083 (21.5%) 0.00 236
2020-07-01 $209,971 (18.6%) $273,206 (22.5%) 0.00 210
2020-08-01 $195,000 (8.4%) $266,570 (-37.0%) 0.00 195
2020-09-01 $196,450 (9.2%) $256,497 (-16.2%) 0.00 196
2020-10-01 $199,900 (11.1%) $255,505 (19.5%) 0.00 184
2020-11-01 $189,675 (15.0%) $244,123 (20.8%) 0.00 180
2020-12-01 $179,913 (12.5%) $241,415 (23.0%) 0.00 140
2021-01-01 $169,900 (2.3%) $227,902 (15.0%) 0.00 127
2021-02-01 $179,888 (12.5%) $247,143 (21.5%) 0.00 131
2021-03-01 $191,900 (15.5%) $283,901 (22.7%) 0.00 115
2021-04-01 $203,669 (13.2%) $293,287 (24.1%) 0.00 104
2021-05-01 $199,900 (1.5%) $307,640 (24.6%) 0.00 122
2021-06-01 $218,650 (-4.0%) $305,851 (12.4%) 0.00 148
2021-07-01 $233,000 (11.0%) $306,744 (12.3%) 0.00 173
2021-08-01 $216,200 (10.9%) $294,736 (10.6%) 0.00 179
2021-09-01 $225,950 (15.0%) $285,678 (11.4%) 0.00 184
2021-10-01 $214,900 (7.5%) $270,304 (5.8%) 0.00 172
2021-11-01 $217,200 (14.5%) $260,681 (6.8%) 0.00 170
2021-12-01 $202,400 (12.5%) $266,407 (10.4%) 0.00 142
2022-01-01 $197,450 (16.2%) $272,439 (19.5%) 0.00 96
2022-02-01 $249,925 (38.9%) $299,951 (21.4%) 0.00 83
2022-03-01 $276,200 (43.9%) $319,767 (12.6%) 0.00 86
2022-04-01 $260,000 (27.7%) $307,421 (4.8%) 0.00 104
2022-05-01 $264,950 (32.5%) $307,770 (0.0%) 0.00 127
2022-06-01 $248,725 (13.8%) $309,922 (1.3%) 0.00 147
2022-07-01 $249,900 (7.3%) $313,213 (2.1%) 0.00 196
2022-08-01 $241,175 (11.6%) $315,466 (7.0%) 0.00 202
2022-09-01 $240,700 (6.5%) $306,444 (7.3%) 0.00 199
2022-10-01 $265,000 (23.3%) $319,526 (18.2%) 0.00 187
2022-11-01 $244,875 (12.7%) $291,446 (11.8%) 0.00 197
2022-12-01 $265,000 (30.9%) $292,666 (9.9%) 0.00 155
2023-01-01 $269,900 (36.7%) $297,964 (9.4%) 0.00 139
2023-02-01 $272,325 (9.0%) $305,449 (1.8%) 0.00 136
2023-03-01 $298,125 (7.9%) $306,917 (-4.0%) 0.00 118
2023-04-01 $289,000 (11.2%) $313,511 (2.0%) 0.00 126
2023-05-01 $299,700 (13.1%) $344,355 (11.9%) 0.00 125
2023-06-01 $299,750 (20.5%) $343,115 (10.7%) 0.00 142
2023-07-01 $290,000 (16.1%) $323,421 (3.3%) 0.00 147
2023-08-01 $275,000 (14.0%) $312,339 (-1.0%) 0.00 150
2023-09-01 $284,900 (18.4%) $311,645 (1.7%) 0.00 171
2023-10-01 $298,350 (12.6%) $326,137 (2.1%) 0.00 198
2023-11-01 $303,950 (24.1%) $325,063 (11.5%) 0.00 202
2023-12-01 $294,900 (11.3%) $313,078 (7.0%) 0.00 167
2024-01-01 $277,950 (3.0%) $301,171 (1.1%) 0.00 151
2024-02-01 $268,725 (-1.3%) $296,804 (-2.8%) 0.00 153
2024-03-01 $289,900 (-2.8%) $321,645 (4.8%) 0.00 164
2024-04-01 $299,950 (3.8%) $340,852 (8.7%) 0.00 150
Adrian's median listing price for 2024-04-01 was $299,950, a difference of $10,950 (3.8%) versus the prior year and $10,050 versus the prior month.

Adrian's median listing price comes in at 0% of the national average.

Adrian's average listing price for 2024-04-01 was $340,852, a difference of $27,341 (8.7%) versus the prior year and $19,207 versus the prior month.

For the 2024-04-01 period, Adrian had 150 MLS listings, a difference of -14 listings (-9%) versus the prior month and 24 listings (19%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Adrian (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,553 sqft
2018-02-01 0 days 1,560 sqft
2018-03-01 0 days 1,561 sqft
2018-04-01 0 days 1,590 sqft
2018-05-01 0 days 1,583 sqft
2018-06-01 0 days 1,573 sqft
2018-07-01 0 days 1,579 sqft
2018-08-01 0 days 1,609 sqft
2018-09-01 0 days 1,604 sqft
2018-10-01 0 days 1,578 sqft
2018-11-01 0 days 1,623 sqft
2018-12-01 0 days 1,568 sqft
2019-01-01 0 days 1,536 sqft
2019-02-01 0 days 1,536 sqft
2019-03-01 0 days 1,557 sqft
2019-04-01 0 days 1,590 sqft
2019-05-01 0 days 1,604 sqft
2019-06-01 0 days 1,618 sqft
2019-07-01 0 days 1,612 sqft
2019-08-01 0 days 1,623 sqft
2019-09-01 0 days 1,633 sqft
2019-10-01 0 days 1,640 sqft
2019-11-01 0 days 1,576 sqft
2019-12-01 0 days 1,545 sqft
2020-01-01 0 days 1,652 sqft
2020-02-01 0 days 1,692 sqft
2020-03-01 0 days 1,679 sqft
2020-04-01 0 days 1,692 sqft
2020-05-01 0 days 1,716 sqft
2020-06-01 0 days 1,767 sqft
2020-07-01 0 days 1,722 sqft
2020-08-01 0 days 1,701 sqft
2020-09-01 0 days 1,640 sqft
2020-10-01 0 days 1,708 sqft
2020-11-01 0 days 1,655 sqft
2020-12-01 0 days 1,591 sqft
2021-01-01 0 days 1,500 sqft
2021-02-01 0 days 1,500 sqft
2021-03-01 0 days 1,500 sqft
2021-04-01 0 days 1,643 sqft
2021-05-01 0 days 1,769 sqft
2021-06-01 0 days 1,716 sqft
2021-07-01 0 days 1,703 sqft
2021-08-01 0 days 1,701 sqft
2021-09-01 0 days 1,727 sqft
2021-10-01 0 days 1,719 sqft
2021-11-01 0 days 1,623 sqft
2021-12-01 0 days 1,611 sqft
2022-01-01 0 days 1,605 sqft
2022-02-01 0 days 1,700 sqft
2022-03-01 0 days 1,732 sqft
2022-04-01 0 days 1,680 sqft
2022-05-01 0 days 1,781 sqft
2022-06-01 0 days 1,749 sqft
2022-07-01 0 days 1,700 sqft
2022-08-01 0 days 1,720 sqft
2022-09-01 0 days 1,764 sqft
2022-10-01 0 days 1,761 sqft
2022-11-01 0 days 1,704 sqft
2022-12-01 0 days 1,720 sqft
2023-01-01 0 days 1,729 sqft
2023-02-01 0 days 1,759 sqft
2023-03-01 0 days 1,715 sqft
2023-04-01 0 days 1,712 sqft
2023-05-01 0 days 1,738 sqft
2023-06-01 0 days 1,788 sqft
2023-07-01 0 days 1,736 sqft
2023-08-01 0 days 1,717 sqft
2023-09-01 0 days 1,672 sqft
2023-10-01 0 days 1,753 sqft
2023-11-01 0 days 1,782 sqft
2023-12-01 0 days 1,755 sqft
2024-01-01 0 days 1,690 sqft
2024-02-01 0 days 1,674 sqft
2024-03-01 0 days 1,770 sqft
2024-04-01 0 days 1,848 sqft
Adrian's median listing age (time on market) for 2024-04-01 was 0 days.

Adrian's median square footage for active listings during the 2024-04-01 period was 1,848 sqft. One year prior, the average listing was 1,712 sqft.

Adrian, MI Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,010 $198,410,000 $196,446
Cash Out Refi 415 $42,115,000 $101,482
Home Improvement 167 $10,765,000 $64,461
Other 153 $11,405,000 $74,542
Refi 132 $17,000,000 $128,788

Adrian's most frequently cited loan purpose was Home Purchase, with 1,010 originations. The 2nd most popular reason was Cash Out Refi, with 415 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 661 $119,045,000 $180,098
7-8% 543 $86,495,000 $159,291
Over 8% 437 $31,695,000 $72,529
5-6% 195 $33,045,000 $169,462
4-5% 14 $2,510,000 $179,286
<2.5% 4 $40,000 $10,000
3-4% 2 $150,000 $75,000
2.5-3% 2 $490,000 $245,000

During 2023, Adrian's most frequently originated rate bucket was 6-7%, with 661 originations.

Loan Sizing (Adrian, MI MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 722 $37,620,000 $52,105
$100k-200k 700 $103,100,000 $147,286
$200k-400k 395 $104,695,000 $265,051
$400k-600k 50 $23,480,000 $469,600
$600k-1000k 7 $4,905,000 $700,714
$Over $1MM 3 $5,895,000 $1,965,000

Adrian's loan sizing saw the bucket of loans from $100,000 or less with 722 originations, totaling $37,620,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 736 $144,130,000 $195,829
60-80% 353 $64,715,000 $183,329
Under 20% 297 $10,565,000 $35,572
20-40% 273 $21,015,000 $76,978
40-60% 177 $27,475,000 $155,226
Over 100% 18 $4,510,000 $250,556

Adrian's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 736 originations, totaling $144,130,000 in origination value.