Ray, MN

City market trends and history

Public Record

Median Sale Price

$101.9K

12-Month Sales

1-Year Appreciation

—

Properties Tracked

Median Sale Price History

Top Neighborhoods

Name	Median

Top Neighborhoods by Activity

Neighborhood	Sales 12mo	Median

Top ZIP Codes

ZIP	Sales 12mo	Median

Recent Sales

Date	Address	Price
Jul 31, 2025	Highway 53	$485K
Jul 19, 2024	Town Road 162	$190K
Sep 1, 2022	TBD 44 HIGHWAY 53	$130K
Apr 15, 2022	Highway 53	$28K
Feb 26, 2021	Highway 53	$157K
Oct 12, 2018	Town Road 162	$139K
Sep 28, 2018	Town Road 162	$139K
Jun 1, 2015	2249 HIGHWAY 217	$30K
Nov 12, 2014	Town Road 162	$90K

4-Quarter Forecast

Linear projection from past trend

Quarterly trend

+4.7%

Implied 1-yr

+18.8%

2022 Q4

$121K

2023 Q1

$125.8K

Median Price — History + Forecast

Linear regression on last 12 quarters of weighted-median sale price. Confidence band ±$57.8K.

Property type mix

Share by property type

Year-built distribution

Properties by build era

Map

Recent top sales — most expensive

Address	Sale date	Sale price
Town Road 162	Jul 19, 2024	$190,000
Highway 53	Feb 26, 2021	$157,000
TBD 44 HIGHWAY 53	Sep 1, 2022	$130,000
Highway 53	Apr 15, 2022	$28,000

How Ray compares

Metric	Ray	Minnesota avg	US avg
Median price	$101.9K	$423K	$535.4K
1-year change	—	—	+33.6%
Sales (12mo)	7	1,963	—
Median sqft	686	—	—

Other cities in Minnesota

How Ray ranks in Minnesota

1-year appreciation

#641 of 880

Median price

#726 of 880

Frequently asked about Ray

What is the median sale price in Ray, MN?

The median sale price in Ray over the last 12 months is $101.9K, based on 7 transactions.

How many sales happen each year in Ray?

Roughly 7 home sales were recorded in Ray over the trailing 12 months.

What types of properties are most common in Ray?

single_family is the most common property type tracked in Ray.

When were most homes in Ray built?

Most homes in Ray were built in the 2000-2009 era.