Market Overview
Home Prices in Ray City, GA
The median home value in Ray City, GA is $236,053 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.9% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ray City are priced42% below average. Ray City is part of the Valdosta, GA metro area.
Over the past five years, Ray City home values have risen by approximately48.7%, reflecting strong long-term appreciation in this market.
Price History
Ray City Home Price Trend
City Comparison
Ray City vs. National Median
At $236,053, homes in Ray City cost 42% below the national median of $410,000. This makes Ray City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Ray City?
20% Down Payment
$47,211
on $236,053
Monthly P&I
$1,231/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,563/mo
incl. taxes & insurance
Income Needed
$62,520
gross annual (30% rule)
10% Down Option
$23,605
+ PMI applies
Loan Amount (20% dn)
$188,842
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Ray City, GA?
The median home value in Ray City is $236,053 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.9% year-over-year.
How much have home prices changed in Ray City?
Over the past year, home values in Ray City have increased by 2.9%. Over five years, prices have risen approximately 48.7%.
How much do I need to earn to buy a home in Ray City?
To comfortably afford the median home price of $236,053 with a 20% down payment ($47,211) at today's rates (6.8%), you'd need a gross annual income of approximately $62,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Ray City compare to the national average home price?
The national median home value is approximately $410,000. At $236,053, homes in Ray City are 42% below the national average.
What metro area is Ray City part of?
Ray City is part of the Valdosta, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.