Ray, ND Foreclosures
How much do homes sell for in Ray, ND?
The average home price is currently $213,789.
In Ray, ND, how many homes are available?
There are currently 19 active home listings available in Ray.
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 $1,372,500.
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, North Dakota is a small, vibrant community located in the northwest part of the state. Known for its friendly atmosphere, Ray boasts a strong sense of local pride and a close-knit community feel. Residents enjoy access to beautiful parks and outdoor activities, making it a great place for families and individuals alike.
Current Market Conditions in Ray, ND
The current real estate market in Ray, ND, is experiencing stability with a slight increase in home values over the past few months. The demand for housing remains relatively consistent, with buyers looking for affordable homes in a welcoming community like Ray. Inventory levels are manageable, ensuring that buyers have options without overwhelming competition.
Recent trends indicate that the real estate sector in Ray may benefit from increasing interest due to the town's charm and lower property prices compared to urban areas. As people seek out quieter living environments, Ray presents itself as an attractive option, potentially driving market growth in the coming months.
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 $170,790.00. 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 $213,789.00, with the most expensive house
in Ray, ND, topping out
at $1,372,500.00 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.
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