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Foreclosure Homes in Ray City, GA

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1 View this home at Highway 37 Ray City GA 31645
Preforeclosure
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$101,932 EMV
Highway 37
Ray City, GA 31645
Single-Family
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3 |
1
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2,296
EST. RENT: $881
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AUCTION: 04-02-2024
Single-Family
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3 |
1
|
2,296
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Ray City, GA Foreclosures

How much do homes sell for in Ray City, GA?
The average home price is currently $149,514.
In Ray City, GA, how many homes are available?
There are currently 1,288 active home listings available in Ray City.
What’s the average rental cost in Ray City, GA?
The average rental price in Ray City is $956.
What is the most expensive home in Ray City, Georgia?
The most expensive home sold in Ray City had a price of $1,266,728.
What is currently the cheapest priced home in Ray City, GA?
The cheapest home for sale in Ray City is priced at $11,680.

Home Value Estimator For Ray City, GA

There are currently 1,288 real estate properties in Ray City, GA, with a median automated valuation model (AVM) price of $134,170.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ray City, GA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ray City, GA, is $149,514.00, with the most expensive house in Ray City, GA, topping out at $1,266,728.00 and the cheapest home in Ray City, GA, clocking in at $11,680.00. In other words, there’s something for every potential homebuyer or savvy investor in Ray City, GA!


Rent Prices In Ray City, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ray City, GA, is on a rollercoaster ride. The average rent price in Ray City, GA, is $956.00. Indeed, when looking to rent in Ray City, GA, you can expect to pay as little as $540.00 or as much as $2,080.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Ray City, GA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Ray City, GA In 2024

Ray City is located in Berrien, Georgia, with an estimated municipal population of 1,094 residents. All of the best foreclosed homes for sale in Ray City are located in the following zip code areas on Foreclosure.com: 31645. The estimated population per square kilometer (.62 miles) in Ray City is 368.


Cost Of Living In Ray City, GA

So, about how much do homes cost in Ray City? The most recent median value of resident-owned homes in Ray City is 91,110. An estimated 54.3 percent of households in Ray City own their homes, with an average family size of 3.18. The median household income in Ray City is 38,250, with12.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ray City, the median commute time of resident workers (in minutes) is 20.9. And last, but certainly not least, are you looking for homes to rent in Ray City? If so, the average rent price paid by renters in Ray City is 740, according to recent statistics.


Diversity And Demographics In Ray City, Georgia

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Ray City, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Ray City is 30.3, split between 48.7 percent male versus 51.3 female. The percentage of residents who report being married in Ray City is 43.5, with an average family size of 3.18.

The percentage of residents who report their race in Ray City is as follows:

White 77.2%
Black / African American 20.2%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 0.8%

Looking for family-friendly neighborhoods in and/or near Ray City? Or maybe you are searching for 55+ active adult communities in and/or near Ray City?

The percentage of residents who report their age in Ray City is as follows:

Under 10 18.7%
Aged 10-19 14.9%
20s 14.6%
30s 15.4%
40s 12.3%
50s 14.1%
60s 5.9%
70s 2.8%
80+ 1.4%

Best Schools In Ray City, Georgia

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Ray City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Ray City.


Pros And Cons Of Living In Ray City, Georgia

How do you know that living in -- or moving to -- Ray City is right where you need to be? Perhaps you grew up in Ray City or already live nearby; therefore, the decision to buy a home in Ray City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Ray City for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Ray City:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Ray City.


Reasons To Move To Ray City, Georgia, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Ray City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Ray City, meanwhile, can field multiple offers from more qualified buyers.

Ray City, GA Foreclosures


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