Ray, MO County is home to a thriving housing market with a median value of $216,300. This is significantly below the US house median value of $338,100, but Ray has seen an impressive year on year appreciation rate of 13.45%, almost double the national average of 8.27%. This is indicative of the strong real estate demand in the area and makes it an attractive option for those looking to invest in property.
The median home cost in Ray County is $216,300. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Ray County is up 16.3%.
Average Age of Homes
- The median age of Ray County real estate is 43 years old
The Rental Market in Ray County
- Renters make up 20.9% of the Ray County population
- 0.8% of houses and apartments in Ray County, 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.