Is Ada, MN 56510 a buyer’s or seller’s market?
Ada is a seller’s market. With about 3.7 months of supply and 0% 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 supply3.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.2%Sold price ÷ list price
Median days on market158Listing to accepted offer
Median price per sq ft$82▼ −9.6% vs. last year
Run the numbers for 56510
Nearby markets
Borup 56519Seller’s market $132 /sq ftGary 56545Buyer’s market $140 /sq ftHalstad 56548Balanced $109 /sq ftHendrum 56550Buyer’s market $52 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology