Ray MI Commercial for Sale

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Ray Real Estate

The median home value in Ray, MI is $625,000. This is higher than the county median home value of $176,700. The national median home value is $219,700. The average price of homes sold in Ray, MI is $625,000. Approximately 88.45% of Ray homes are owned, compared to 9.54% rented, while 2.02% are vacant. Ray real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ray real estate agent to arrange a tour today!

Ray, Michigan has a population of 3,977. Ray is less family-centric than the surrounding county with 29% of the households containing married families with children. The county average for households married with children is 29.85%.

The median household income in Ray, Michigan is $63,944. The median household income for the surrounding county is $58,175 compared to the national median of $57,652. The median age of people living in Ray is 48.5 years.

Ray Weather

The average high temperature in July is 81.6 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 33 inches per year, with 32 inches of snow per year.

Ray Real Estate Market Conditions

  • Median sales price

    $625,000
    6.27% change since last quarter
  • # Active listings

    19
    30-day change

Ray Schools and Demographics

Education near Ray, MI

Metric City County
High School Graduates 87.7 89.29
College Degree - 2 year 14.11 10.63
College Degree - 4 year 19.97 24.22
Graduate Degree 6.67 6.76
Expenditures per Student 10,269 12,205
Students per Teacher 19.3 20.4

Elementary Schools near Ray, MI

School Grades Students P/T Ratio ZIP
Atwood Elementary School KG - 05 677 23.1 48042
Beck Centennial Elementary School PK - 06 640 18.4 48042
Hevel Elementary School KG - 05 470 18.8 48094
Indian Hills Elementary School KG - 05 523 20.4 48095
Orville C. Krause Early Elementary School PK - 02 333 17.9 48005
Orville C. Krause Later Elementary School 03 - 05 402 22.7 48005
Sequoyah Elementary School PK - 05 773 21.1 48042
Washington Elementary School PK - 05 405 16.1 48094

Middle Schools near Ray, MI

School Grades Students P/T Ratio ZIP
Armada Middle School 06 - 08 454 21 48005
Endeavour Middle School 06 - 08 259 17.4 48096
L'Anse Creuse Middle School - North 06 - 08 728 20.1 48042
Powell Middle School 06 - 08 709 19.3 48094

High Schools near Ray, MI

School Grades Students P/T Ratio ZIP
Armada High School 09 - 12 699 24.4 48005
L'Anse Creuse High School - North 09 - 12 1,869 23.6 48042

Ungraded Schools near Ray, MI

School Grades Students P/T Ratio ZIP
* Armada Continuing Education Center 09 - 12 22 20 48005

Demographics near Ray, MI

Metric City County
Neighborhood Type Suburban
Population 3,977 864,019
Population Density 109 1,803
Median Age 48.5 41
People per Household 2.5 2.5
Median Household Income 63,944 58,175
Average Income per Capita 30,431 29,740