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Featured local agent — Ray, AL
Sarah Mitchell
Compass Real Estate · Ray, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ray, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$240,000median sale price
How is the Ray, AL housing market right now?
The median home sale price in Ray, AL is $240,000. Homes sell in an average of 73 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ray a buyer's or seller's market?
Ray, AL is currently a balanced market, based on 2.0 months of supply and homes selling in about 73 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
73
Average pace
Active listings
2
2.0 months supply
Sale-to-list
96.4%
Below asking
What does the Ray housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $240,000 |
| Average days on market | 73 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 96.4% |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Ray by property type?
How the Ray, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $240,000 | — | 1 | 73 days |
Source: Redfin · Updated monthly
The Ray housing market is currently classified as a balanced market with a median sale price of $240,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 73 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Ray
There are currently 2 homes listed for sale in Ray, Alabama.
Active listings
2
Homes on market
Avg. days on market
73
Days until sale
Who lives in Ray?
Population
488
Median income
$68,487/yr
Median age
49.1 years
Owner-occupied
84.7%
College grads
23.6%
Avg commute
20.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Ray?
Ray is a community of approximately 0K residents with a median age of 49.1 years.The median household income is $68,487, which represents a working-class community with solid middle-income opportunities. 23.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ray offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Ray, AL?
Want a head-to-head view? Compare Ray side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ray?
The median home sale price in Ray is $240,000, down 0.0% from last year.
How long do homes stay on market in Ray?
Homes typically spend 73 days on market before going under contract.
What is the median income in Ray?
The median household income is $68,487 per year.
Is Ray a buyer's or seller's market?
With 2.0 months of supply, Ray is currently a balanced market.
How much does a single-family home cost in Ray?
The median single-family home price in Ray, AL is $240,000.
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