Ada, MN Foreclosures
How much do homes sell for in Ada, MN?
The average home price is currently $154,161.
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 $622,470.
What is currently the cheapest priced home in Ada, MN?
The cheapest home for sale in Ada is priced at $28,670.
Living in Ada, MN
Ada, MN is a charming small town known for its friendly community vibe and quality educational institutions. It offers various outdoor activities, local amenities, and a peaceful living environment. The area is ideal for families and those seeking a quiet place to settle down.
Current Market Conditions in Ada, MN
The real estate market in Ada, MN has shown steady growth in recent years, with home prices appreciating at a moderate pace. This growth is supported by a strong demand for housing in rural areas, driven by an influx of remote workers seeking a quieter lifestyle.
Overall, the market remains competitive with a limited supply of homes available for sale, making it a favorable environment for sellers. However, buyers can still find affordable options as homes in Ada typically fall within a reasonable price range compared to larger urban centers.
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 $144,945.00. 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 $154,161.00, with the most expensive house
in Ada, MN, topping out
at $622,470.00 and the cheapest home
in Ada, MN,
clocking in at $28,670.00. 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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