Ada, OH Real Estate
According to census data in the year 2000 there were 1,944 housing units in Ada.
This represents a 4.7% growth from 1,857 in 1990.
Of those housing units, 1,944 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ada is about 47.5%.
Ada's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in Ada were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 15.20% |
| Two Bedrooms | 38.60% |
| Three Bedrooms | 31.90% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $78,800 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.86 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $343 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.60% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 50.30% |
| Debt Free | 35.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
