The story of this market
The typical home in Ada, Oklahoma sells for about $150,000, or $129 per square foot.
Prices are up +15.4% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $950 a month.
Monthly price momentum
Home values since 2015
+1.7%
OK · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Ada, Oklahoma
Ada's housing market shows signs of price appreciation with a 15.4% year-over-year increase in median sale price, though listing prices have seen a decline. The market is moderately competitive with a median of 37 days on market. Growth is supported by stable institutional employers, though rental demand appears to be cooling.
No ARED county foreclosure postings attributed to Ada yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 2.1% year over year.
Homes spend a median of 68 days on market with 6.3 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A historic and expansive park offering recreational space that serves as a primary outdoor amenity for residents.
A major anchor institution that drives local economic activity and provides cultural and educational resources to the community.
The administrative center for the Chickasaw Nation, serving as a significant employer and economic driver for the region.
Ada is well-suited for families and individuals seeking an affordable cost of living significantly below the national average. It appeals to those connected to the local educational and tribal employment sectors, offering a stable, small-city environment. Investors may find value in the lower entry price points, though the market is characterized by moderate competitiveness.
Ada is served by a network of state highways that facilitate regional travel, though the city lacks major interstate access. Commuting is primarily car-dependent, with most residents working within the immediate micropolitan area.
The rental market in Ada features a median asking rent of $950 per month, reflecting a 5% year-over-year decline. This suggests a softening in rental demand or increased supply pressure within the city limits. The market remains accessible compared to larger regional hubs, though vacancy trends are not explicitly detailed.
The local economy is anchored by the Chickasaw Nation and East Central University, which provide a stable base of employment. The city serves as a regional hub for Pontotoc County, with a mix of public sector, educational, and tribal-led economic initiatives.
Development activity is focused on infrastructure improvements, such as the airport expansion, and supporting the growth of existing institutional anchors. There is limited information on large-scale private residential or commercial master-planned communities.
The city is served by the Ada Independent School District and is influenced by the presence of the Chickasaw Nation's jurisdictional activities. Property owners may be subject to local municipal and county tax levies typical of Oklahoma jurisdictions.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Oklahoma) — Ad Valorem Property Tax: Property is assessed at a ratio between 10% and 22.85% of fair cash value as determined by the county. Annual increases in assessed value for homestead and agricultural property are capped at 3% per year. Tax is calculated by applying the local millage rate to the assessed value.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.