Ada, MN Foreclosures
How much do homes sell for in Ada, MN?
The average home price is currently $162,313.
In Ada, MN, how many homes are available?
There are currently 5 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 $587,533.
What is currently the cheapest priced home in Ada, MN?
The cheapest home for sale in Ada is priced at $21,933.
Living in Ada, MN
Ada, Minnesota is a charming small town located in Norman County with a rich agriculture and strong community spirit. Known for its friendly residents and local events, it's a perfect spot for families looking for a peaceful living environment. Ada also offers convenient access to outdoor activities, parks, and basic amenities.
Current Market Conditions in Ada, MN
Ada's real estate market is currently stable, showing steady growth over the past few months. The demand for homes has increased slightly as more people are searching for a peaceful rural lifestyle, leading to a balanced market with competitive pricing.
Compared to urban areas, Ada's property prices remain affordable, attracting buyers looking for value. The housing inventory is modest, with a variety of properties available from charming historic homes to newer constructions.
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 $154,796.00. 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 $162,313.00, with the most expensive house
in Ada, MN, topping out
at $587,533.00 and the cheapest home
in Ada, MN,
clocking in at $21,933.00. 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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