How much do homes in Ray, MI cost?

Median List Price

$339,900

$194/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2021

+$45,450(+15.4%)

Key Takeaway

The list price of homes in Ray has increased by 15.4% since last year.

Median List Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $269.7K$132.2K
-51.0%
3 $269.9K$339.9K
+25.9%
4 $549.9K$512K
-6.9%
5+ -$769.4K
N/A

Median List Price Compared To Nearby Cities

Lenox Township
+19.9%
Romeo
+18.4%
Ray
+15.4%
Ray Township
+15.4%
Armada Township
+2.5%

How many homes are available in Ray, MI?

Number of Homes For Sale

Apr 2022May 2022%
311+266.7%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 01
+100.0%
3 15
+400.0%
4 13
+200.0%
5+ 12
+100.0%

Average Listing Age

May 2021May 2022%
65 Days26 Days-58.6%

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Ray, MI

Number of homes for sale in Ray, MI real estate market have reached 11. The number of homes for sale in Ray, MI increased by 266.7% between April 2022 and May 2022. In May 2022 median list price was $339,900 and the average listing age was 26 days. Real estate listing prices changed between April 2022 and May 2022: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went down by 51%, 3 bedrooms properties became 25.9% more expensive, 4 bedrooms properties prices decreased by 6.9%, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went up by 100%, 3 bedrooms homes inventory increased by 400%, volume of 4 bedrooms homes went up by 200%, 5 bedrooms homes became 100% more available.

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