Current Price

$195,843

1 Month Forecast

â–² $208,066

1-Year Forecast *

â–¼ $190,939

5-Year Forecast *

â–¼ $148,469

"Is it a good time to buy homes in Ray?" "Does investing in real estate in Ray (North Dakota State, Williams County) worth it?" According to our live Forecast System, buying a house in Ray is a bad short-term (1-year) investment*. The Ray average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Ray" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Ray in North Dakota State, Williams County. If you are looking for homes for sale with good flipping profit, Ray can be a bad, high-risk 1-year investment option. The median price of an average house in Ray was 195,843 USD on 2026-03-04. Based on our forecasts, a long-term decrease is expected, the predicted price of an average home in the "Ray" area is 148,469 USD by 2031-03-04. For a 5-year investment the profit is expected to be around -24.19% meaning that investing 100000 USD today may yield a profit of 24,190 USD by 2031.

Current Median Listing Price: 195,843 USD Median Listing Price Per Square Foot: 109 USD

Ray Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Ray (North Dakota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Ray Price Target

Ray median home price target in 12 months: $190,939* (downside of 2.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $222,824 $210,791 $210,791 $222,824
2024 $180,719 $195,843 $180,316 $203,905
2023 $235,560 $181,908 $181,908 $235,560
2022 $234,121 $239,435 $232,635 $243,187
2021 $0 $235,319 $0 $262,225
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Ray Housing Market Forecast

How much does an average home cost in Ray today?

The value of an average home (the listing price) in Ray is $195,843 USD.

What is the average price per square foot in Ray?

According to Walletinvestor the median price per square foot in Ray is 109 USD.

Will the median listing price of homes in Ray grow / rise / go up?

No. The Ray home prices may drop from 195,843 USD to 190,939 USD in one year.

Is it profitable to invest in Ray homes?

Based on our forecast, the expected return is -2.50% in one year.

Will Ray house prices fall / drop?

Yes. See above.

What is the predicted price of a Ray home in 2030?

The predicted home sales price of a Ray home in 2030 in Ray is 169,360 USD.

What is the predicted price of a Ray home in 2035?

The predicted home sales price of a Ray home in 2035 in Ray is 117,778 USD.

Will real estate prices decrease in Ray?

According to our analysis, there may be some price adjustment.

Short-Term Outlook Based On The Last 12 Months

Ray is the 14198. largest city in the United States, located in North Dakota State.

During the last 12 months the real estate prices in Williams, Ray decreased, looking at the past 12 months.

According to Walletinvestor's Ray real estate market research, home values will decrease in the next 12 months.

Median home values decreased by 11.668% to 195,843 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 3.184% in 2021
  • 1.464% in 2022
  • 3.774% in 2023
  • 3.494% in 2024
  • 4.304% in 2025
  • 3.904% in 2026

Based on our Ray real estate market research and report the predicted sales prices will decrease by 22.397% in the next 10 years.

Over the last 12 months, the value of homes in Ray fluctuated: decreasing 4 times.

Ray (North Dakota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Ray Housing Market Forecast with Real Estate Prices for 2025
August 2025 208066 191213 224919
September 2025 205377 186893 223860
October 2025 203166 185084 221247
November 2025 201085 185803 216368
December 2025 199088 186744 211431
Ray Housing Market Forecast with Real Estate Prices for 2026
January 2026 196514 183741 209288
February 2026 195332 177362 213303
March 2026 193997 178865 209128
April 2026 192410 175862 208957
May 2026 191430 177647 205213
June 2026 190215 176519 203910
July 2026 190939 180820 201059
August 2026 192431 175690 209173
September 2026 194635 175171 214098
October 2026 196864 179934 213794
November 2026 197907 186032 209781
December 2026 198153 184283 212024
Ray Housing Market Forecast with Real Estate Prices for 2027
January 2027 197473 183649 211296
February 2027 197138 181170 213106
March 2027 196672 181922 211423
April 2027 195096 175977 214216
May 2027 192574 175050 210099
June 2027 190085 173168 207003
July 2027 187628 172430 202826
August 2027 185203 168164 202241
September 2027 182809 171292 194326
October 2027 180446 169078 191814
November 2027 178113 162617 193609
December 2027 175811 161746 189876
Ray Housing Market Forecast with Real Estate Prices for 2028
January 2028 173538 163820 183257
February 2028 171295 158962 183628
March 2028 169081 158260 179902
April 2028 166895 157382 176408
May 2028 165804 154198 177410
June 2028 165434 150876 179992
July 2028 167329 152102 182556
August 2028 169245 159936 178553
September 2028 171183 161939 180427
October 2028 173143 157387 188899
November 2028 175126 163218 187035
December 2028 175164 165180 185149
Ray Housing Market Forecast with Real Estate Prices for 2029
January 2029 172903 155612 190193
February 2029 171706 160889 182524
March 2029 170485 153948 187022
April 2029 168282 155829 180734
May 2029 170209 158805 181613
June 2029 169642 153017 186267
July 2029 169360 160046 178675
August 2029 167171 152126 182217
September 2029 165010 155605 174416
October 2029 162959 150574 175344
November 2029 161322 145835 176809
December 2029 159237 151275 167199
Ray Housing Market Forecast with Real Estate Prices for 2030
January 2030 157179 141618 172739
February 2030 155487 145380 165593
March 2030 153894 144661 163128
April 2030 152366 144443 160289
May 2030 150396 140320 160473
June 2030 149491 136336 162647
July 2030 148469 133919 163019
August 2030 147255 132529 161980
September 2030 146505 135224 157786
October 2030 145575 131745 159405
November 2030 146129 132978 159281
December 2030 147271 139613 154929
Ray Housing Market Forecast with Real Estate Prices for 2031
January 2031 148958 134807 163109
February 2031 150664 139213 162114
March 2031 151462 143434 159489
April 2031 151651 138154 165147
May 2031 151130 141306 160953
June 2031 150873 138200 163547
July 2031 150517 140282 160752
August 2031 149311 140949 157672
September 2031 147381 135001 159761
October 2031 145476 133547 157405
November 2031 143595 133974 153216
December 2031 141739 134652 148826
Ray Housing Market Forecast with Real Estate Prices for 2032
January 2032 139907 127175 152639
February 2032 138099 131194 145003
March 2032 136313 127726 144901
April 2032 134551 124326 144777
May 2032 132812 123383 142242
June 2032 131095 119166 143025
July 2032 129401 117625 141176

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.