Is Ray City, GA 31645 a buyer’s or seller’s market?
Ray City is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 45% of U.S. ZIP codes, and #57 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Ray City housing market right now
In the three months ending August 31, 2026, 20% of homes in Ray City, GA 31645 sold above their list price, the typical home went under contract in 28 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 21 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (40 days then) and the median sale price rose 22% to $282,328. Overall, Ray City is more competitive than a year ago, so tougher for buyers.
On our competition score, Ray City ranks #57 of 371 GA ZIP codes with enough sales (score 45 out of 100).
Nearby, buyers who want less competition could look at Enigma 31749 (0% sold over asking) or Nashville 31639 (8% sold over asking).
Run the numbers for 31645
Nearby markets
Alapaha 31622 — /sq ftEnigma 31749Buyer’s market — /sq ftNashville 31639Balanced $136 /sq ft Browse all markets →Towns like Ray City nearby
Find towns like Ray City in other states →Where Ray City is
Loading map…
Questions about Ray City real estate
Is Ray City a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in Ray City, GA 31645 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Ray City?
The typical home went under contract in 28 days in the latest three months.
Do homes in Ray City sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Ray City?
About 0.86% of a home’s value a year in Berrien County, or roughly $3,440 on a $400,000 home.
What is the median home price in Ray City?
The median sale price was $282,328 in the three months ending August 31, 2026, about $172 per square foot.
Local agents
See all agents in 31645 →No sponsored agents in 31645 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 31645
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology