Ada, OK


Highest Appreciating Ada Neighborhoods Since 2000

Ada, OK Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Ada Housing Market Information

With 17,303 people, 7,088 houses or apartments, and a median cost of homes of $132,483, house prices in Ada are solidly below the national average.

Single-family detached homes are the single most common housing type in Ada, accounting for 73.32% of the city's housing units. Other types of housing that are prevalent in Ada include duplexes, homes converted to apartments or other small apartment buildings ( 12.90%), large apartment complexes or high rise apartments ( 9.75%), and a few mobile homes or trailers ( 2.83%).

The most prevalent building size and type in Ada are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 44.58% owning and 55.42% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Ada's housing was primarily built during this period, from the '40s through the '60s. A full 41.36% of the city's housing hails from this era. Other housing ages represented in Ada include homes built between 1970-1999 ( 37.17%) and housing constructed before 1939 ( 12.99%). There's also some housing in Ada built between 2000 and later ( 8.48%).

Vacant housing appears to be an issue in Ada. Fully 12.48% of the housing stock is classified as vacant. Left unchecked, vacant Ada homes and apartments can be a drag on the real estate market, holding Ada real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Ada Home Appreciation Rates

In the last 10 years, Ada has experienced some of the highest home appreciation rates of any community in the nation. Ada real estate appreciated 18.48% over the last ten years, which is an average annual home appreciation rate of 1.71%, putting Ada in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Ada definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Ada appreciation rates have trailed the rest of the nation. In the last twelve months, Ada's appreciation rate has been 2.42%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ada were at 2.06%, which equates to an annual appreciation rate of 8.51%.

Importantly, this makes Ada one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Oklahoma, our data show that Ada's latest annual appreciation rate is lower than 70% of the other cities and towns in Oklahoma.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Ada differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ada - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Ada real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,085,000 0.2
$814,001 - $1,085,000 0.0
$542,001 - $814,000 0.2
$434,001 - $542,000 1.2
$325,001 - $434,000 2.1
$217,001 - $325,000 11.9
$108,001 - $217,000 23.7
$54,001 - $108,000 40.7
$0 - $54,000 20.0

Very High for OK
Average for Nation

Value Relative to Nation Value Relative to State
58.4964256416266 18.7311178247734

Number Of Homes And Apartments:

Ada Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
55.56% 2.59% 5 7
* 10 is highest

Rent & Ownership


Average Market Rent:
$860 / per month

Homeownership Rate

Owners 44.58
Renters 55.42
Vacant 12.48

Housing Market Details


Age of Homes

2000 or Newer 8.5
1970 - 1999 37.2
1940 - 1969 41.4
1939 or Older 13.0

Types of Homes

Single-Family 73.3
Townhomes 1.0
Small Apt. Buildings 12.9
Apt. Complexes 9.8
Mobile Homes 2.8
Other 0.2

Home Size

No Bedroom 4.01
1 Bedroom 14.89
2 Bedrooms 27.36
3 Bedrooms 43.93
4 Bedrooms 9.32
5 or more bedrooms 0.48