The housing market in Ada, OK is very strong and growing. The median value of homes in Ada is $155,300 which is substantially lower than the US House Median Value of $338,100. This makes it an attractive option for potential homebuyers looking to get a great deal on their purchase. Additionally, the 1 year house appreciation rate for Ada, OK is 13.34%, higher than the national average of 8.27%. This shows that there is a lot of potential for growth in the area and makes it an attractive place to invest in real estate.
The median home cost in Ada is $155,300. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Ada is up 14.5%.
Average Age of Homes
- The median age of Ada real estate is 48 years old
The Rental Market in Ada
- Renters make up 45.2% of the Ada population
- 6.9% of houses and apartments in Ada, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.