Ray (48096) has an estimated 3,739 residents with 3,731 of those people in approximately 1,404 housing units. The 48096 zipcode contains 856 housing units that are owned with a mortgage or a loan, 386 housing units that are owned free and clear and 162 housing units that are renter occupied.

Zip code 48096 is in the Detroit-Warren-Dearborn metropolitan area.
The median estimated home value in Ray, MI (48096) is $253,200 as of 2018-10-31

In Ray, MI (48096), values have dereased by -0.05 from when they peaked at $266,300 in 2018-Q3

The Zillow Market Health Index for Ray, MI (48096) is 2.01. The corresponding state value is 6.27. This is significantly lower than the overall Market Health Index of Michigan.
Metro value is 4.41.
This is significantly lower than the overall Market Health Index of Detroit-Warren-Dearborn.