Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$262,323+4.4% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 23% have cut their price
Income needed to buy, per year$56,866About 0.7× the local median income ($76,920): affordable for a typical household
Days on market50 daysAbout the same pace as a year ago
Next 12 months+2.9%Zillow expects prices to rise slightly
The typical home in Ray County, MO is worth $262,323, up 4.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $202,243, so the area is 29.7% overvalued. It is a balanced market: homes take about 50 days to sell, listings are up 20% from a year ago, 23% of listings have had a price cut. Zillow expects prices to rise about 2.9% over the next year. A household needs about $56,866 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,920. In the latest IRS figures, 67 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$262,323
Change in 1 year
+4.4%
Overvalued %
+29.7%
Show 7 more
Fair home value
$202,243
Change in 5 years
+32.6%
Zillow forecast, next 12 months
+2.9%
Home value to income
3.4×
Monthly mortgage payment (20% down)
$1,422
Income needed to afford it
$56,866
Property tax rate
0.80%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,546
Market activity
Listings vs a year ago
+19.7%
Days on market
50
Listings with a price cut
22.9%
Show 3 more
Homes for sale
79
Pending sales per 100 listings
42
Asking price per sq ft
$167
People and jobs
Median household income
$76,920
Population change (1 year)
+0.6%
Unemployment rate
3.4%
Show 4 more
Population
23,398
Income adjusted for cost of living
$83,157
Net moves in (IRS)
+67
Cost of living (US = 100)
92.5
Schools, risk and environment
School rating (1 to 10)
5.8
FEMA hazard risk score (0 to 100)
44.4
Flood risk score
48.8
Show 3 more
Wildfire risk score
55.0
Walkability (1 to 20)
5.3
Road, rail and air noise
52 dB
Questions people ask
Is Ray County, MO overvalued?
Home prices in Ray County, MO are well above what local incomes have historically supported: fair value is about $202,243, so the area is 29.7% overvalued.
Is Ray County, MO a buyer's or seller's market?
Ray County, MO is a balanced market: homes take about 50 days to sell, listings are up 20% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Ray County, MO?
Home values in Ray County, MO are up 4.4% over the last year. Zillow's forecast for the next 12 months is +2.9%.
How much do you need to earn to buy a home in Ray County, MO?
A household needs about $56,866 a year to afford the typical home in Ray County, MO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,920.