49221 — Adrian, MI Home Values
Typical home value $215,671 as of July 2026 · 15th of 17 in Adrian, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 49221, July 2021 to July 2026. This page shows observed data only; no forecast.
How 49221 compares in the Adrian, MI area
ZIP code 49221 (Adrian, MI) has a typical home value of $215,671 as of July 2026, ranking 15th of 17 ZIP codes tracked in the Adrian, MI area, more expensive than about 18% of ZIP codes in the metro. Prices here have moved +5.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.9%, from $171,359 in July 2021 to $215,671 in July 2026. Against observed rent, the typical home here sells for 18.4× the annual rent ($975/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Adrian, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Adrian.
Population and demographics
ZIP code 49221 has a population of 41,041, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 76.9% White, 14.4% Hispanic or Latino, 4.1% Black or African American, 4% two or more races, 0.3% Asian, 0.2% American Indian or Alaska Native, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Lincoln Elementary School | 158 S SCOTT ST, ADRIAN, MI | 0.6 mi |
| Adrian High School | 785 RIVERSIDE AVE, ADRIAN, MI | 1.1 mi |
| Alexander Elementary School | 520 CHERRY ST, ADRIAN, MI | 1.2 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 49221?
$215,671 as of July 2026, the latest month Zillow has published observed data for.
Is 49221 an expensive ZIP code in the Adrian, MI area?
49221 ranks 15th of 17 ZIP codes in the Adrian, MI area by typical home value, more expensive than about 18% of ZIP codes in the metro.
How much have home values in 49221 changed over the past year?
+5.6% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 49221?
The typical home price is 18.4× the observed annual rent in this ZIP code ($975/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 49221?
41,041, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 49221?
Lincoln Elementary School (0.6 mi), Adrian High School (1.1 mi), Alexander Elementary School (1.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 49221?
No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Adrian, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.