Ada, OK—74820
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ada, OK
As of Oct '25, the median home price in Ada, OK is $179,000, with a year-over-year change of -1.0%. This indicates that home prices in Ada, OK are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $179,000 | -1.0% |
| Single Family | $179,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $92,000 | -5.2% |
3 Bed | $180,000 | 0.0% |
4 Bed | $296,000 | 0.7% |
| 5 Bed | $416,000 | -0.2% |
% of Housing Stock
Rental Trends — Ada, OK
As of July '25, Rentcast reports the average rent in Ada, OK is $1,080, with a year-over-year rent change of 2.9%. Per bedroom, the median rent as of July '25 in Ada, OK is 1-bedrooms: $703, 2-bedrooms: $902, 3-bedrooms: $1,220, 4-bedrooms: $1,960. The most common rental property sizes in Ada, OK are 2-bedroom and 3-bedroom, accounting for 36.6% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $695 | $703 |
| 2 Bed Rent | $800 | $902 |
| 3 Bed Rent | $1,200 | $1,220 |
| 4 Bed Rent | $1,600 | $1,960 |
% of Rental Stock
Property Listings — Ada, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Ada, OK is 61. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $255,000 | 10.0% |
Listing Count | 137 | -6.0% |
| Listings as % of Homes | 0.8% | -6.0% |
Days on Market | 61 | 4.0% |
Demographics — Ada, OK
As of the latest ACS Survey released in 2023, Ada, OK has a population of 31,700, which has remained stable by 0.6% over the past 5 years. Ada, OK is a popular place for families, as children make up 25.1% of the population. The area has a moderately educated workforce, with 30.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,700 | 0.6% |
% Under 18 | 25.1% | 7.7% |
% Seniors | 16.4% | 5.8% |
% WFH | 3.8% | 111.1% |
% w/ College Degree | 30.6% | 2.0% |
As of the latest ACS Survey released in 2023, Ada, OK is a predominantly white area, with 62.0% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Ada, OK is hispanic, making up 6.6% of the population. Foreign-born residents account for 2.2% of the population in Ada, OK, and this percentage has decreased by 15.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.0% | -3.6% |
% Black | 3.0% | 20.0% |
% Hispanic | 6.6% | 20.0% |
% Asian | 1.2% | 33.3% |
% Foreign Born | 2.2% | -15.4% |
Mortgage and Risk — Ada, OK
According to HUD data as of 2023, there were 322 mortgage originations in Ada, OK, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Ada, OK. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 322 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Ada, OK
Ada, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 545 |
Total Units Section 8 | 223 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 75.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $55 | $695 | $750 |
| 2 Bedroom | $180 | $800 | $980 |
| 3 Bedroom | $40 | $1,200 | $1,240 |
| 4 Bedroom | -$240 | $1,600 | $1,360 |
Affordability — Ada, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $179,000 |
| Median Household Income | $62,400 |