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Bankruptcy Homes in Ray, MN

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Ray, MN Foreclosures

How much do homes sell for in Ray, MN?
The average home price is currently $278,625.
What’s the average rental cost in Ray, MN?
The average rental price in Ray is $1,205.
What is the most expensive home in Ray?
The most expensive home sold in Ray had a price of $2,541,000.
What is currently the cheapest priced home in Ray, MN?
The cheapest home for sale in Ray is priced at $19,424.

Living in Ray, MN

Ray, Minnesota is a charming small town characterized by a friendly community and beautiful outdoor scenery. With access to various local amenities, parks, and outdoor activities, it is an attractive place for families and retirees alike. The area is known for its welcoming atmosphere and is sure to offer a tranquil retreat from the hustle of city life.

Current Market Conditions in Ray, MN

The real estate market in Ray has shown signs of stability over the past year. Home prices have remained relatively steady, with a slight increase in demand as more families and retirees seek out the peace and beauty of small-town living. The average days on market for homes is currently around 60 days, indicating a healthy interest from potential buyers.

Home Value Estimator For Ray, MN

There are currently 315 real estate properties in Ray, MN, with a median automated valuation model (AVM) price of $208,583.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ray, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ray, MN, is $278,625.00, with the most expensive house in Ray, MN, topping out at $2,541,000.00 and the cheapest home in Ray, MN, clocking in at $19,424.00. In other words, there’s something for every potential homebuyer or savvy investor in Ray, MN!

Rent Prices In Ray, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ray, MN, is on a rollercoaster ride. The average rent price in Ray, MN, is $1,205.00. Indeed, when looking to rent in Ray, MN, you can expect to pay as little as $660.00 or as much as $2,600.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Ray, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Ray, MN Bankruptcy Homes


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