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Ray, MI Housing Market

$415,870

7.2% 1-yr

The average Ray, MI home value is $415,870, up 7.2% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Ray Key Takeaways

Typical Home Values: $415,870

1-year Value Change: +7.2%

(Data through September 30, 2025)

Ray Housing Market Overview

--1-year Market Forecast
--For sale inventory(September 30, 2025)
--New listings(September 30, 2025)
--Median sale to list ratio
--Median sale price(August 31, 2025)
--Median list price(September 30, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Ray

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Ray Homes for Sale

$949,999
5 bd3 ba3,800 sqft
59600 Lone Oak Ln
59600 Lone Oak Ln
View Ray listings
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An equal housing lender. NMLS #10287.

Ray Rental Market Trends

--Average rent in Ray
$1,979National average rent(September 30, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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