$2,730 Closing Credit*
$229,900
1,534 SqFt
4 Beds
•2 Full Baths
Danise, Listing Office: Southern Classic Realtors
Is Ray City, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Ray City has remained a Seller's Market.
Key Takeaway
Ray City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ray City, GA
How much do homes in Ray City, GA cost?
Median Sold Price
$223,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$18,000(+8.8%)
Key Takeaway
Homes in Ray City have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Ray City was $223,000 in December 2024, up 8.8% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $159.9K | N/A |
| 3 Bedrooms | $201.6K | $219.9K | +9.1% |
| 4 Bedrooms | $258.9K | $254K | -1.9% |
| 5+ Bedrooms | $290K | $344K | +18.6% |
Summary: Ray City housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 18.6%.
Housing Supply in Ray City, GA
How many homes are available in Ray City, GA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The Ray City real estate market had 21 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ray City housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ray City, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Ray City in December 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Ray City, GA
How long does it take to sell a home in Ray City, GA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 8 Days | 46 Days | +441.2% |
Summary: Homes in Ray City had an average of 46 days on market in Dec 2024, up by 441.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ray City has remained consistent over time.
Summary: During December 2024, 4 homes were sold in Ray City; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
