Ray, MI Housing Market
$426,566
5.9% 1-yrThe average Ray, MI home value is $426,566, up 5.9% over the past year. (Updated on )
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.
Ray Key Takeaways
Typical Home Values: $426,566
1-Year Value Change: +5.9%
(Data through August 31, 2026)
Ray Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Ray
- NameMedian ZHVI
- Chesterfield$290,739
- Anchor Bay Harbor$321,950
- Anchor Bay Shores$368,533
- Point Lakeview$357,872
- Lottivue$623,957
- Northeast Corner$367,158
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Ray Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Ray, MI?
The median home value in Ray, MI is $426,566 as of August 2026. This represents a 0.2% increase compared to last month and a 5.8% increase year-over-year.
How have home values changed in Ray, MI?
Home values in Ray, MI have increased by 0.2% month-over-month and 5.8% year-over-year.
How do home values in Ray, MI compare to Macomb County, Michigan, and the national average?
The median home value in Ray, MI ($426,566) compares to: Macomb County ($270,323), Michigan ($266,292), and the U.S. national median ($368,697).
