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Ray, MI Real Estate & Property Data

Ray Real Estate Market Trends

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Ray, MI 48096. ATTOM’s Ray real estate data is updated daily, and current market trends show that in Ray, MI a total of 46 residential properties have sold over the past year. With a median home price of $480,000 in Ray. Get detailed property data for Ray, MI instantly. ATTOM is your one-stop-shop for the Ray property reports and real estate data you need in Ray, MI.

Ray Real Estate Market Trends

Get property data for any address in Ray, MI or the country:

Total Residential Properties 1,447

Total Commercial Properties 71

Avg. Home Age (Single Family Home) 46 Years

Avg. Square Feet (Single Family Home) 2,006

Total 2025 Residential Sales (year-to-date) 21

% of Homes Seriously Underwater (Q3 2025) 0.79%

Total 2024 Residential Sales 38

% of Equity Rich Homes (Q3 2025) 49.36%

Effective 2024 Property Tax 0.88%

Total Foreclosure Filings (year-to-date) 1

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Ray, MI 48096 Real Estate Overview

There were 46 residential properties sold in the past year in Ray, MI 48096. The median home value in Ray, MI 48096 is $444,991. There are a total of 1,447 residential properties in the 48096.

Median Sales Price i

$480,000

(Jun 2025)

June '25 Jun '25 $480,000
May '25 May '25 $489,900
April '25 Apr '25 $481,000
March '25 Mar '25 $750,000
February '25 Feb '25 $102,000
January '25 Jan '25 $282,662
December '24 Dec '24 $242,000
November '24 Nov '24 N/A
October '24 Oct '24 $331,000
September '24 Sep '24 $335,000
August '24 Aug '24 $384,000
July '24 Jul '24 $400,000

Median Down Payment i

$24,000

(Jun 2025)

June '25 Jun '25 $24,000
May '25 May '25 $52,601
April '25 Apr '25 $101,350
March '25 Mar '25 $245,000
February '25 Feb '25 N/A
January '25 Jan '25 $33,350
December '24 Dec '24 $100,000
November '24 Nov '24 N/A
October '24 Oct '24 $66,200
September '24 Sep '24 $36,550
August '24 Aug '24 $67,200
July '24 Jul '24 $63,700

Number of Homes Sold i

4

(Jun 2025)

+33.3%

year-over-year

y-o-y

June '25 Jun '25 4
May '25 May '25 3
April '25 Apr '25 5
March '25 Mar '25 1
February '25 Feb '25 2
January '25 Jan '25 6
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 4
August '24 Aug '24 6
July '24 Jul '24 7

Number of Purchase Loans i

2

(Jun 2025)

June '25 Jun '25 2
May '25 May '25 3
April '25 Apr '25 2
March '25 Mar '25 1
February '25 Feb '25 1
January '25 Jan '25 4
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 4
August '24 Aug '24 5
July '24 Jul '24 5

Number of REFI Loans i

June '25 Jun '25 N/A
May '25 May '25 4
April '25 Apr '25 4
March '25 Mar '25 6
February '25 Feb '25 2
January '25 Jan '25 2
December '24 Dec '24 3
November '24 Nov '24 5
October '24 Oct '24 6
September '24 Sep '24 3
August '24 Aug '24 2
July '24 Jul '24 3

Number of HELOC Loans i

4

(Jun 2025)

+33.3%

year-over-year

y-o-y

June '25 Jun '25 4
May '25 May '25 2
April '25 Apr '25 1
March '25 Mar '25 3
February '25 Feb '25 2
January '25 Jan '25 1
December '24 Dec '24 1
November '24 Nov '24 2
October '24 Oct '24 4
September '24 Sep '24 1
August '24 Aug '24 2
July '24 Jul '24 4

Ray, MI 48096 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Ray, MI 48096 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

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