Commercial Real Estate Market in Ada, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Ada, MN spans 224.8 square miles in Norman County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ada, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Ada, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ada, MN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Ada, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 77.5%
- Industrial 11.4%
- Commercial 8.7%
- Agricultural 2.4%
Largest Zones share of zoned land by district
Single And Two Family Residential
Industrial
Commercial
Multifamily Residential
Urban Agricultural
Ada, MN zones 848 acres across 6 districts. Commercial zoning covers 8.7% of zoned land, residential 77.5% and industrial 11.4%. The largest single district is Single And Two Family Residential at 72.7%. For commercial buyers the practical constraint is that only 20.1% of land carries a commercial or industrial designation.
Single And Two Family Residential (R-1)
The intent of the zone is to provides single and two family residential low density residential subdivisions
Market overview
Demographics & Economy
Ada, MN has 2,327 residents in 1,127 households. Density runs 10 people per square mile. Median household income here is $73,125 and median gross rent $698 a month.
2,327
Population
1,127
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
95%
High-School Grad
224.8 sq mi
ZIP Area
10
Density / Sq Mi
$73,125
Median Household Income
$42,366
Median Earnings
$698
Median Rent
$139,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Borup | — | — |
| Lockhart | — | — |
| Twin Valley | — | — |
| Gary | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Ada?
Ada, MN zones 848 acres across 6 districts, of which 8.7% is commercial and 11.4% industrial. The largest single district is Single And Two Family Residential at 72.7% of zoned land. The intent of the zone is to provides single and two family residential low density residential subdivisions Residential zoning covers 77.5% and open space 0%.
Methodology & data sources
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 848 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
