The housing market in Ada, MN is thriving with a median home value of $141,900. This falls below the United States median home value of $338,100. However, similar to that of the US, Ada homes have seen an appreciation rate of 8.21% over the past year. This shows that the housing market in Ada is healthy and growing rapidly. The affordability of homes in Ada compared to those across the country make this a great place to buy a house for those looking for more affordable options.
The median home cost in Ada is $141,900. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Ada is up 13.6%.
Average Age of Homes
- The median age of Ada real estate is 52 years old
The Rental Market in Ada
- Renters make up 26.4% of the Ada population
- 3.2% 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.