Adrian, MN—56110
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Adrian, MN
As of Oct '25, the median home price in Adrian, MN is $234,000, with a year-over-year change of 7.0%. This indicates that home prices in Adrian, MN are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $234,000 | 7.0% |
| Single Family | $234,000 | 7.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Adrian, MN
Adrian, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Adrian, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Adrian, MN is 68. This is a increase of 65.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $204,000 | -27.0% |
Listing Count | 6 | 27.0% |
| Listings as % of Homes | 0.7% | 27.0% |
Days on Market | 68 | 65.0% |
Demographics — Adrian, MN
As of the latest ACS Survey released in 2023, Adrian, MN has a population of 1,710, which has decreased by -4.6% over the past 5 years. Adrian, MN is a popular place for families, as children make up 27.7% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,710 | -4.6% |
% Under 18 | 27.7% | 18.9% |
% Seniors | 18.4% | 10.8% |
% WFH | 6.0% | -21.1% |
% w/ College Degree | 22.6% | 71.2% |
As of the latest ACS Survey released in 2023, Adrian, MN is a predominantly white area, with 79.9% of the population identifying as white. The white population has shrunk by 13.2% in the last 5 years. The second most common race or ethnicity in Adrian, MN is hispanic, making up 15.3% of the population. Foreign-born residents account for 9.2% of the population in Adrian, MN, and this percentage has increased by 338.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.9% | -13.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 15.3% | 488.5% |
% Asian | 3.1% | 72.2% |
% Foreign Born | 9.2% | 338.1% |
Mortgage and Risk — Adrian, MN
According to HUD data as of 2023, there were 30 mortgage originations in Adrian, MN, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Adrian, MN. Investor activity is low, as 7.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Adrian, MN
Adrian, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | N/A | N/A | $1,280 |
Affordability — Adrian, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $234,000 |
| Median Household Income | $77,600 |