Is Ray, ND 58849 a buyer’s or seller’s market?
Ray is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Ray housing market right now
In the three months ending August 31, 2026, 0% of homes in Ray, ND 58849 sold above their list price, the typical home went under contract in 68 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (34 days then) and the median sale price rose 84% to $393,730. Overall, Ray is less competitive than a year ago, which gives buyers more room.
Within Williams County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Tioga 58852 (33% sold over asking) and Williston 58801 (25% sold over asking) are even more competitive.
Run the numbers for 58849
Nearby markets
Epping 58843Seller’s market $155 /sq ftGrenora 58845 — /sq ftMcgregor 58755 $110 /sq ftTioga 58852Seller’s market $125 /sq ft Browse all markets →Towns like Ray nearby
Find towns like Ray in other states →Where Ray is
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Questions about Ray real estate
Is Ray a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Ray, ND 58849 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?
The typical home went under contract in 68 days in the latest three months.
Do homes in Ray sell over asking?
0% of homes sold above their original list price.
What are property taxes in Ray?
About 0.68% of a home’s value a year in Williams County, or roughly $2,720 on a $400,000 home.
What is the median home price in Ray?
The median sale price was $393,730 in the three months ending August 31, 2026, about $136 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology