Housing in 58849 Ray, ND is extremely affordable with a median value of $229,100. This is significantly lower than the US median value of $338,100. Although this area is more affordable than other parts of the country, it has still experienced great appreciation in the last year at 9.41%, which is higher than the US 1 year House Appreciation rate of 8.27%. Therefore, buying a home in this area could be a great investment for potential home buyers.
The median home cost in Ray (zip 58849) is $229,100. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Ray (zip 58849) is up 10.5%.
Average Age of Homes
- The median age of Ray (zip 58849) real estate is 43 years old
The Rental Market in Ray (zip 58849)
- Renters make up 16.4% of the Ray (zip 58849) population
- 3.3% of houses and apartments in Ray (zip 58849), 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.