Wolcott Mill · Photo: Andrew Jameson · CC BY-SA 3.027 homes sold in Ray Township in the last year, at a typical $406K
Redfin reports Ray Township’s sales by ZIP code, so these figures are for ZIP 48096, which takes in Ray Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Ray Township homes are listed.
Every place Ray Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Ray Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 96% of Ray Township’s sales, at a typical $418K
27 homes sold in the year to May 2026.
typical sale · 26 sold in 12 months
- Per square foot
- $225MI $172
- Days to sell
- 26
- Sold over asking
- 29%
Fewer homes sell than a decade ago, at 1.7 times the 2016 price
27 sales in the last year, against 54 in 2016 and a low of 21 in 2023. The typical sale went from $236K in 2016 to $406K.
Source: Redfin Data Center, MLS sales; for ZIP 48096, which takes in Ray Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Ray Township
Check a listing against what Ray Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Ray Township are more common than before the pandemic, but 40% fewer homes come up for sale
We read every month of home sales in ZIP 48096 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 27 sales.
If you’re buying in Ray Township
- Shop in September. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
- Bid near asking. Buyers paid 98.6% of the list price on average; 28% paid over.
- Move fast on good ones. 45% of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 6 a month), but June is the most competitive: 33% of June sales close over asking. August and September offer nearly as much choice with fewer homes bid up (30%). February has the least competition (19%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Michigan as a whole
| Ray Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 28% | 19% | 25% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 45% | 32% | 42% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 98.6% | 96.9% | 99% | 98.4% |
| Days to sellMedian days from listing to contract | 26 | 33 | 36 | 33 |
5 homes for sale on a typical day
That’s 40% fewer than in 2017–19 and well under 2014’s 20.
Source: Redfin Data Center, ZIP code tracker; for ZIP 48096, which takes in Ray Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Ray Township home costs about $2,418 a month
Price: Ray Township’s typical sale, last 12 months. Property tax at Ray Township’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Ray Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $406K home, about $3,590 a year.
Taxes vs. neighborsSchools
The schools grade for Ray Township, from test results, graduation and how much students grow.
Schools in Ray TownshipTypical commute
The average one-way trip to work for people who live in Ray Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Romeo, Armada, New Haven, Richmond, Utica and New Baltimore sell for less a square foot
The busier markets within 25 miles of Ray Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| New Baltimore | 142 | $389K | $190 | 35% | 32 |
| New Haven | 75 | $319K | $167 | 41% | 29 |
| Richmond | 73 | $291K | $178 | 26% | 49 |
| Utica | 62 | $232K | $166 | 21% | 46 |
| Romeo | 56 | $343K | $198 | 30% | 36 |
| Ray Township (ZIP 48096) | 27 | $406K | $221 | 28% | 26 |
| Armada | 20 | $303K | $187 | 30% | 44 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Ray Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Ray Township. People who follow the town see it, and so do people comparing Ray Township with their own town. No commission, no listing fee.
Questions about buying a home in Ray Township
What do homes sell for in Ray Township, MI?
27 homes sold in the year to May 2026 at a typical $406K, $221 a square foot.
Is Ray Township a buyer’s or seller’s market?
A seller’s market: 6 homes were for sale in May 2026 and 1 sold, about 3.5 months of supply. Buyers paid 98.6% of asking on average.
When is the best time to buy in Ray Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Ray Township?
About 0.9% of a home’s value a year. On a $406K home that’s near $3,590.
Where can I see homes for sale in Ray Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Ray Township’s MLS listings; the search links above open each one filtered to Ray Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48096, which takes in Ray Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).