Housing Prices in Ray Township, MI

How much do homes in Ray Township, MI cost?

Median List Price

$399,900

$208/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$4,950(+1.3%)

Key Takeaway

The list price of homes in Ray Township has increased by 1.3% since last year.

Summary: The median home list price in Ray Township was $399,900 in March 2024, up 1.3% from the previous year, and the median price per square foot was $208.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $999.9K-
N/A
2 $110K$174.9K
+59.0%
3 $302.5K$359.9K
+19.0%
4 $529.9K$639.9K
+20.8%
5+ $399.4K$500K
+25.2%

Summary: Ray Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 59%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 25.2%.

Median List Price Compared To Nearby Cities

Washington
+5.3%
Ray Township
+1.3%
Ray
+1.3%
Lenox Township
0.0%
Armada Township
-1.0%

Housing Supply in Ray Township, MI

How many homes are available in Ray Township, MI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
711+57.1%

Summary: The Ray Township real estate market had 11 homes for sale in March 2024, a 57.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 25
+150.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Ray Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Days on Market for Ray Township, MI

How long does it take to sell a home in Ray Township, MI?

Average Listing Age

Mar 2023Mar 2024CHANGE
350 Days107 Days-69.2%

Summary: Homes in Ray Township had an average listing age of 107 days in Mar 2024, down by 69.2% compared to the previous year.

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

Report Updated 22 Days Ago

Newest Listings in Ray Township, MI

Nearby Markets to Ray Township, MI

What housing markets are near Ray Township, MI?