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Ada Home Values and Market Report

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LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 95.0% of list price in 132 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $269K Sold · $259K
$360K$270K$180K$90K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 5 sales in Dec. Last month: 2.

Where the market stands

All homes in this report, by status.

39homes
Active8 · 21%
Under contract1 · 3%
Sold (12 mo)30 · 77%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$244K
Under contract$425K
Sold$180K

Average days on market

Active105 days
Under contract31 days
Sold132 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 8
Average list price $243,575
Avg. days on market 105 days
Avg. price per ft² $93 Based on 6 of 8 homes
Avg. living area 2,498 ft² Based on 6 of 8 homes
Avg. beds / baths 3.5 / 2.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 6 homes plotted, up to $600K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

2 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 6 homes in this status.

606 4th Street W$155
204 4th Avenue E$122
103 3rd Avenue E$85
811 1st Avenue E$80
333 W 3rd Avenue Unit S$62
204 6th Street E$57

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
204 6th Street EAda, MN 56510 221,576$90,000$579 days
103 3rd Avenue EAda, MN 56510 422,448$209,000$8561 days
107 4th Avenue WAda, MN 56510 ———$349,900—67 days
606 4th Street WAda, MN 56510 422,900$449,900$15564 days
333 W 3rd Avenue Unit SAda, MN 56510 211,352$84,900$6267 days
811 1st Avenue EAda, MN 56510 654,016$325,000$80108 days
204 4th Avenue EAda, MN 56510 332,700$330,000$122131 days
2434 240th AvenueAda, MN 56510 ———$109,900—334 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.