The median home in Ray, Michigan is valued at $403,320, up 7.0% year over year. Ray is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$403,320

+7.0%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$80,664 on $403,320

Example: $75,000 household income. Change it above to see your own.

Out of reach43% of income

Need $115,286/yr to afford.

PITI$2,690

P/I43%

Afford$262K

Gap-$141K

P&I $2,039Tax $518Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Ray with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Detroit-Warren-Dearborn, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Detroit-Warren-Dearborn, MI metro.

View Detroit-Warren-Dearborn, MI metro

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Ray, MI