Housing in Ray, ND

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$137,500

Median List Price

N/A

Price Per Sq Ft

$179

Days on Market

14

Active Inventory

N/A

Zillow Home Value

$197,857

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 22.5%List Price ↑ 146.4%Mar 24 → Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold ↓ 50.0%New Listings ↑ 0.0%Pending ↓ 66.7%Mar 24 → Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$179

Sale $/SF ↑ 123.8%List $/SF ↑ 266.7%Mar 24 → Oct 25

Ray vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Ray is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$211,500

Median Rent

$971

Total Housing Units

376

Vacancy Rate

17.0%

Owner Occupied

59.0%

Renter Occupied

41.0%

Median Property Tax

$1,825

per year

Monthly Cost (w/ Mortgage)

$848

Housing Types

Single Family
70.7%
Multi-Family
3.7%
Mobile Home
25.5%

The current median sale price in Ray, ND is $137,500 according to Redfin data. Homes spend a median of 14 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $179. The median rent is $971 per month (Census ACS). About 59.0% of housing units are owner-occupied. The median year homes were built is 1989. There are 376 total housing units.