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Foreclosures in Ray, ND 58849

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Ray, ND Foreclosures

Current Market Conditions in in Ray, ND As of February 2026?
In the past month, Ray has seen a modest uptick in home listings, which is a positive sign for both buyers and sellers. Increased activity can be attributed to the seasonal peak in housing searches, as families often begin to explore new living arrangements before the summer.
How much do homes sell for in Ray, ND?
The average home price is currently $244,668.
What’s the average rental cost in Ray, ND?
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 $3,511,987.
What is currently the cheapest priced home in Ray, ND?
The cheapest home for sale in Ray is priced at $12,422.

Living in Ray, ND

Ray, ND is a charming small town known for its strong community spirit and beautiful natural landscapes. Ideal for outdoor enthusiasts, Ray offers various recreational activities, friendly local shops, and a welcoming atmosphere. The town’s agricultural roots contribute to its peaceful and family-friendly environment.

Buyer vs Seller Market in Ray, ND

The real estate market in Ray, ND, has remained stable over recent months, with a slight increase in home sales as more people seek affordable living options away from larger urban centers. Properties here are typically appealing to buyers looking for investment opportunities or first homes.

Current market trends indicate a rise in interest for homes with larger land parcels and a preference for traditional, ranch-style houses reflecting the local lifestyle.

Home Value Estimator For Ray, ND

There are currently 565 real estate properties in Ray, ND, with a median automated valuation model (AVM) price of $191,460.00. 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, ND, 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, ND, is $244,668.00, with the most expensive house in Ray, ND, topping out at $3,511,987.00 and the cheapest home in Ray, ND, clocking in at $12,422.00. In other words, there’s something for every potential homebuyer or savvy investor in Ray, ND!

Rent Prices In Ray, ND

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ray, ND, is on a rollercoaster ride. The average rent price in Ray, ND, is $1,205.00. Indeed, when looking to rent in Ray, ND, you can expect to pay as little as $730.00 or as much as $1,920.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Ray, ND -- 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, ND 58849 Foreclosures


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