The story of this market
The typical home in Ray County, Missouri sells for about $265,522, or $141 per square foot.
Prices are up +4.77% from a year ago, so sellers still have some momentum. Homes take about 87 days to sell, which is slow. Over the long run, values in this county have grown 141% since 2000. Last year 5 of 6 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is cold wave, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,546 a month.
HUD sets the fair market rent for a 2-bedroom at $1,546 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
+8.5%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+12.7%). Worst: 2011 (-6.1%). Hover to read a year.
Monthly price momentum
Home values since 2015
+3.7%
MO · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,020
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+8.5%
2025 change
FHFA repeat-sales index, median of 6 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
64
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $13,367,065.
Mortgage activity
Home lending in this county
76.2%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 1021 | 518 | 76.2% | 7.1% | $185,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Ray County, Missouri
Ray County's housing market is experiencing stable growth with a median home value of $265,522, reflecting a 4.77% year-over-year increase. While inventory remains relatively flat, the market provides buyers with more time to make decisions compared to more competitive urban centers in the Kansas City metro area.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 5 cities · 5 ZIP reports
Median prices moved up 2.1% year over year.
Homes spend a median of 55 days on market with 3.8 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.5% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 4 researched ZIP reports of 5 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Ray County, Missouri — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 20
researched Sep 27
researched Sep 27
researched Sep 27
researched Sep 27
| 64024 | Excelsior Springs | $249,119 | $146 | +2.7% | 87 | 98.5% | 28% | 5.2 | 875 | $995 | researched Sep 20 |
| 64035 | Hardin | $83,125 | $62 | -12.5% | 142 | 94.2% | 66.7% | 3 | 3 | $950 | researched Sep 27 |
| 64062 | Lawson | $259,250 | $135 | +2.1% | 45 | 98.5% | 12% | 4.2 | 56 | $1,069 | researched Sep 27 |
| 64077 | Orrick | $245,000 | $142 | +3.2% | 48 | 98.5% | 18% | 2.7 | 32 | $800 | researched Sep 27 |
| 64085 | Richmond | $243,000 | $158 | +2.1% | 62 | 97.5% | 12% | 4.2 | 54 | $733 | researched Sep 27 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Ray County recorded a violent crime rate of 233 per 100,000 residents in 2024, which is considered to be around the middle of the national range.
The county is part of the Kansas City metropolitan area, benefiting from regional economic integration while maintaining a smaller, rural-to-suburban market character.
Property taxes are administered at the county level; specific rates are determined by local levies and school district requirements.
The economy is linked to the broader Kansas City metropolitan area, with a mix of local services and regional commuting.
The county is served by regional highway corridors connecting to the Kansas City metropolitan area.
The Ray County Assessor's office manages property valuations for tax purposes.
Property owners are subject to various local school and municipal district levies.
Data retrieved from US Census QuickFacts and local market reports.
applies when — Applies only in counties that have formally adopted the provisions of RSMo Section 137.082.
Allows for the assessment and taxation of newly constructed residential property starting the first month following occupancy, and pro rata removal from tax rolls for improvements destroyed by natural disaster.
RSMo Section 137.082.
Residential property is assessed at 19% of its true market value. The formula is: (Market Value * 0.19) * Local Tax Rate = Annual Tax Liability.
Established under Article X, Section 4(b) of the Missouri Constitution and RSMo Section 137.115.
Allows lenders to foreclose without court intervention via power of sale. Requires specific notice of default and intention to foreclose; prohibits deficiency judgments against owner-occupants in certain nonjudicial residential foreclosures.
Governed by RSMo Sections 443.290 to 443.440.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.