The housing market in Ada, OH (45810) is doing very well. The median value of a house in this area is $186,200, which is much lower than the US national median value of $338,100. Not only is the median value lower than the national average, but over the course of last year there was an 8.69% appreciation in house values here compared to 8.27% for the US as a whole. This suggests that not only are houses reasonably affordable in this area but they are also rising in price at a faster rate than elsewhere. As such, it appears to be an excellent place to invest if you are looking for a new home or rental property.
The median home cost in Ada (zip 45810) is $186,200. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Ada (zip 45810) is up 11.9%.
Average Age of Homes
- The median age of Ada (zip 45810) real estate is 51 years old
The Rental Market in Ada (zip 45810)
- Renters make up 31.4% of the Ada (zip 45810) population
- 0.6% of houses and apartments in Ada (zip 45810), 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.