Ada, MN Foreclosures
How much do homes sell for in Ada, MN?
The average home price is currently $159,934.
In Ada, MN, how many homes are available?
There are currently 4 active home listings available in Ada.
What’s the average rental cost in Ada, MN?
The average rental price in Ada is $1,095.
What is the most expensive home in Ada?
The most expensive home sold in Ada had a price of $555,225.
What is currently the cheapest priced home in Ada, MN?
The cheapest home for sale in Ada is priced at $22,234.
Living in Ada, MN
Ada is a charming small town located in Norman County, Minnesota, known for its tight-knit community and friendly atmosphere. It offers a variety of outdoor activities, beautiful parks, and easy access to many essential amenities. Residents enjoy a peaceful lifestyle, with the convenience of local shops and services just a short walk or drive away.
Current Market Conditions in Ada, MN
Ada's real estate market currently reflects a steady demand. Home prices have been stable, with a slight upward trend observed over the past year, driven by the attractiveness of small-town living and the availability of affordable housing options. Sellers have seen positive results, with homes often selling within a reasonable timeframe, indicating a balanced market.
In recent months, there has been a noticeable interest from first-time homebuyers looking to settle in Ada for its affordability and community appeal. Investors are also taking notice, as rental properties in the area provide good returns. The town's continuous investment in community amenities and infrastructure will likely sustain and enhance property values in the long term.
Home Value Estimator For Ada, MN
There are currently 785 real estate properties
in Ada, MN,
with a median automated valuation model (AVM) price
of $153,451.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ada, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Ada, MN,
is $159,934.00, with the most expensive house
in Ada, MN, topping out
at $555,225.00 and the cheapest home
in Ada, MN,
clocking in at $22,234.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ada, MN!
Rent Prices
In Ada, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ada, MN, is on
a rollercoaster ride. The
average rent price in Ada, MN,
is $1,095.00. Indeed, when looking to rent in
Ada, MN, you can expect to pay as little
as $750.00 or as much
as $2,200.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Ada, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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