$2,018 Closing Credit*
$169,900
1,636 SqFt
3 Beds
•2 Full Baths
Junior Vargas, Listing Office: Gray Real Estate Elite, Inc.
Is Ada, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Ada has remained a Seller's Market.
Key Takeaway
Ada is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ada, OK
How much do homes in Ada, OK cost?
Median Sold Price
$199,450
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,140(+9.4%)
Key Takeaway
Homes in Ada have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Ada was $199,450 in November 2024, up 9.4% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.7K | $22.4K | -75.0% |
| 2 Bedrooms | $90K | $105.5K | +17.2% |
| 3 Bedrooms | $187.4K | $214.8K | +14.6% |
| 4 Bedrooms | $265K | $312.5K | +17.9% |
| 5+ Bedrooms | $702.5K | $243.7K | -65.3% |
Summary: Ada housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes decreased by 65.3%.
Housing Supply in Ada, OK
How many homes are available in Ada, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 168 | 165 | -1.8% |
Summary: The Ada real estate market had 165 homes for sale in November 2024, a 1.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 22 | 21 | -4.5% |
| 3 Bedrooms | 106 | 100 | -5.7% |
| 4 Bedrooms | 32 | 36 | +12.5% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Ada housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 29 | -14.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ada, you may be able to get a good deal. 62.1% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Ada in November 2024, down by 14.7% month-over-month. Of the 29 sold homes, 62% were sold under asking, 24% were sold at asking, and 14% were sold over asking.
Days on Market for Ada, OK
How long does it take to sell a home in Ada, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 51 Days | +30.2% |
Summary: Homes in Ada had an average of 51 days on market in Nov 2024, up by 30.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ada are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in Ada; 41% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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