Is Ada, MI 49301 a buyer’s or seller’s market?
Ada is a seller’s market. With about 1 months of supply and 34% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1Under 4 months = seller’s market
Sold above original list34.1%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$273▲ +8.4% vs. last year
Run the numbers for 49301
Nearby markets
Alto 49302Seller’s market $216 /sq ftBelmont 49306Seller’s market $214 /sq ftByron Center 49315Seller’s market $225 /sq ftCaledonia 49316Seller’s market $218 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology