Zip 56510 (Ada, MN) Housing

56510 Ada, MN is an attractive residential area with a median value of $136,300 for homes in the area. This is significantly lower than the US house median value of $338,100, and yet this area still has seen an 8.21% increase in the value of houses over the past year. This is slightly lower than the national average of 8.27% appreciation rate for all US housing over the same period. With its lower cost and impressive appreciation rate, 56510 Ada, MN offers potential homeowners a great opportunity to get into a home at a good price and watch it appreciate in value over time.

The median home cost in Ada (zip 56510) is $136,300. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Ada (zip 56510) is up 13.6%.

Average Age of Homes

- The median age of Ada (zip 56510) real estate is 53 years old

The Rental Market in Ada (zip 56510)

- Renters make up 21.8% of the Ada (zip 56510) population
- 2.4% of houses and apartments in Ada (zip 56510), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Ada, Minnesota	United States
	1,123.0	139,647,020.0
	58	42
	$136,300	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$9.59	$10.98
	$1,040	$2,690
	62.5%	57.4%
	17.5%	11.2%
	19.9%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.8%	0.4%
	2.0%	3.6%
	11.7%	4.1%
Value of Owner-Occupied Housing
	6.1%	2.6%
	5.7%	2.4%
	6.7%	2.8%
	11.4%	3.9%
	14.0%	4.5%
	26.5%	11.3%
	13.7%	13.0%
	8.8%	20.1%
	4.3%	13.6%
	1.0%	8.3%
	1.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.4%	13.6%
	2.4%	13.6%
	5.3%	13.6%
	7.4%	13.2%
	19.8%	14.8%
	5.3%	13.6%
	15.6%	10.0%
	9.9%	4.7%
	18.4%	12.2%

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