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Foreclosures in Ray, ND

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Living in Ray, ND

Ray, ND, is a small town with a welcoming atmosphere and a strong sense of community. Residents enjoy access to outdoor activities, local farms, and community events. The town features essential amenities and is perfect for anyone looking for a peaceful lifestyle.

Current Market Conditions in Ray, ND

The real estate market in Ray, ND, has remained stable due to its affordable living and appealing rural lifestyle. As more people seek refuge from urban centers, interest in properties in Ray has been gradually increasing.

Investors can find great opportunities in this market with prices generally lower than state averages. Properties are available in a range of sizes and styles, making it an attractive place for both first-time homebuyers and seasoned investors.

Home Value Estimator For Ray, ND

There are currently 485 real estate properties in Ray, ND, with a median automated valuation model (AVM) price of $174,793.00. 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 $213,957.00, with the most expensive house in Ray, ND, topping out at $1,380,500.00 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 Foreclosures


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