House Prices

House Prices & Home Values Ray, MI 2026


Average Data

average house price$447,063
average size per house2532 ft²
average price per ft²177 $ / ft²

06/10/2026 - The value range (VR) for house prices in Ray, MI is $156/ sqft to $156/ sqft. An average home with 2532 sqft costs approximately $394,992 to $394,992. Ray, MI includes 1 ZIP codes and it is located in Macomb county. The lowest prices are found in ZIP 48096, while the highest are in ZIP 48096. The average price per sqare feet is $177. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Ray

48096146 $ / ft²




Historical development of home values in Ray

Year Estimated value (USD) Change vs. 2025
2010 $207,624 -53.6%
2011 $199,595 -55.4%
2012 $199,058 -55.5%
2013 $206,498 -53.8%
2014 $216,766 -51.5%
2015 $227,891 -49.0%
2016 $239,784 -46.4%
2017 $252,726 -43.5%
2018 $266,699 -40.3%
2019 $279,065 -37.6%
2020 $293,491 -34.4%
2021 $333,815 -25.3%
2022 $389,153 -13.0%
2023 $410,380 -8.2%
2024 $434,121 -2.9%
2025 $447,063 0.0%

Graph: estimated home values in Ray over time (USD)



Example: 100% financing house in Ray

Loan amount: $447,063

Interest rate: 6.00%

Fixed monthly payment: $2,680.37

Breakdown in the 1st month:
Interest portion: $2,235.32  –  Principal portion: $445.05

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $26,674.44 $5,489.99 $441,573.01
2 $26,335.83 $5,828.60 $435,744.42
3 $25,976.33 $6,188.09 $429,556.33
4 $25,594.66 $6,569.76 $422,986.57
5 $25,189.46 $6,974.97 $416,011.60
6 $24,759.25 $7,405.17 $408,606.43
7 $24,302.52 $7,861.90 $400,744.53
8 $23,817.61 $8,346.81 $392,397.72
9 $23,302.80 $8,861.62 $383,536.10
10 $22,756.24 $9,408.19 $374,127.91
11 $22,175.96 $9,988.46 $364,139.45
12 $21,559.89 $10,604.53 $353,534.92
13 $20,905.83 $11,258.59 $342,276.33
14 $20,211.42 $11,953.00 $330,323.33
15 $19,474.19 $12,690.23 $317,633.10
16 $18,691.48 $13,472.94 $304,160.16
17 $17,860.50 $14,303.92 $289,856.24
18 $16,978.27 $15,186.16 $274,670.08
19 $16,041.62 $16,122.80 $258,547.28
20 $15,047.20 $17,117.22 $241,430.05
21 $13,991.45 $18,172.98 $223,257.08
22 $12,870.58 $19,293.85 $203,963.23
23 $11,680.57 $20,483.85 $183,479.38
24 $10,417.18 $21,747.25 $161,732.14
25 $9,075.85 $23,088.57 $138,643.57
26 $7,651.80 $24,512.62 $114,130.95
27 $6,139.92 $26,024.51 $88,106.44
28 $4,534.78 $27,629.64 $60,476.80
29 $2,830.65 $29,333.78 $31,143.02
30 $1,021.40 $31,143.02 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Ray, MI


1500 sqft3900 sqft
Ø selling price$321,255$683,397
Ø fast selling$292,050$615,058
Ø high price sale$350,460$751,737

In 2026, houses in Ray, MI will be offered at an average price of $177 per square foot. A 1,500 sqft home priced at $321,255 is 21.41% more expensive per square foot than a 3,900 sqft home priced at $683,397. Home prices in Ray, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $473,122. Sellers who can wait longer may achieve a higher price of up to $578,259.


Ray, MI: A Peaceful Guide to Ray Township in Macomb County

Overview

Located in northern Macomb County, Ray, MI blends rural charm with convenient access to the Detroit metro region.
Travelers and homebuyers appreciate Ray Township for its open spaces, quiet roads, and friendly, small-town character. This community offers scenic drives, local farms, and year-round outdoor recreation for families and weekend explorers.

Outdoor Recreation and Things to Do

Popular things to do in Ray, Michigan include hiking and horseback riding in Wolcott Mill Metropark, birding along meadows, and picnicking by the North Branch Clinton River.
Seasonal farm stands and u-pick orchards deliver fresh produce, while nearby historic sites and barns showcase the area?s agricultural heritage. Golf courses, equestrian facilities, and winter trails make Ray a four-season destination.

Living, Schools, and Access

With larger lots and country roads, the local real estate market attracts buyers seeking space without giving up proximity to M-53 and other regional corridors.
Residents enjoy community events, parks, and convenient shopping and services in neighboring Romeo and Armada. Whether you?re planning a day trip or a move, Ray Township, MI delivers a peaceful lifestyle anchored by nature, recreation, and strong community ties. Use this guide to find parks, dining, and services around Ray, MI, and discover why this corner of Michigan continues to grow in popularity.



FAQ – Home Values in Ray

What is the median home value in Ray in 2026?

In 2026, the typical home value in Ray is about $447,063 for an average home size of 2532 square feet. This corresponds to an average price of roughly $177 per square foot.

What is the average cost per square foot in Ray?

In 2026, homes in Ray sell for an average of around $177 per square foot, with a typical range between $156 and $156 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Ray is about 2532 square feet, with an estimated 2026 value around $447,063.



Locations close to Ray, MI

Yale, MI135 $ / ft²
Troy, MI217 $ / ft²
Allen Park, MI143 $ / ft²
Washington, MI176 $ / ft²
Warren, MI123 $ / ft²
Troy, MI175 $ / ft²
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