Ray City, GA is a great place to live and invest in housing, with the median value of $180,500 it is much lower than the national median of $338,100. Moreover, the appreciation rate of housing in Ray City is 19.62% compared to 8.27% nationally. This makes Ray City an attractive option for potential homeowners looking for a great deal on their next home purchase or potential investors looking to get returns on their investments.
The median home cost in Ray City is $180,500. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Ray City is up 14.1%.
Average Age of Homes
- The median age of Ray City real estate is 24 years old
The Rental Market in Ray City
- Renters make up 32.8% of the Ray City population
- 4.9% of houses and apartments in Ray City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.