#S1611052, William Leepy, Listing Office: NNY Homes Inc
Le Ray Housing Market Report May 2025•Jefferson County, New York
Housing Prices in Le Ray, NY
How much do homes in Le Ray, NY cost?
Housing Market Conditions
Is Le Ray, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Le Ray is a Buyer's Market
Difference Since May 2024
At the same time last year, Le Ray was a Seller's Market.
Le Ray is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Le Ray have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Le Ray was $285,000 in May 2025, up 10.7% from last year, and the median price per square foot was $135.
Median Sold Price By Cities
City | May 2024 | May 2025 | Change YoY |
---|---|---|---|
Black River | $255K | $290K | +13.7% |
Le Ray | $257.5K | $285K | +10.7% |
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $539K | N/A |
22 Bedrooms | $160K | $47.5K | -70.3% |
33 Bedrooms | $241.5K | $260K | +7.7% |
44 Bedrooms | $260K | $293.4K | +12.8% |
55+ Bedrooms | $257.5K | $390K | +51.5% |
Summary: Le Ray housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -70.3%. The home price for 3 bedroom homes increased by +7.7%. The home price for 4 bedroom homes increased by +12.8%. The home price for 5 bedroom homes increased by +51.5%.
How does Le Ray, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Le Ray, NY
Housing supply in Le Ray, NY
How many homes are available in Le Ray, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
47Last MonthMay 2025 | ||
372 months agoApr 2025 | +27.0 % Change MoMApr – May |
Summary: The Le Ray real estate market had 47 homes for sale in May 2025, a 27.0 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthMay 2025 | ||
62 months agoApr 2025 | -33.3 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 3 | +200.0% |
33 Bedrooms | 13 | 16 | +23.1% |
44 Bedrooms | 15 | 17 | +13.3% |
55+ Bedrooms | 8 | 11 | +37.5% |
Summary: Le Ray housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +200.0%. The inventory for 3 bedroom homes increased by +23.1%. The inventory for 4 bedroom homes increased by +13.3%. The inventory for 5 bedroom homes increased by +37.5%.
Asking Price vs. Sold Price
How much do homes in Le Ray, NY cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price3 Homes
If you're buying a home in Le Ray, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Le Ray in May 2025, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for Le Ray, NY
How long does it take to sell a home in Le Ray, NY?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days2 Homes
Many homes in Le Ray are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 4 homes were sold in Le Ray; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
72 DaysThis YearMay 2025 | ||
27 Days1 year agoMay 2024 | +166.7 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Le Ray had an average listing age of 72 days in May 2025, up by 166.7% compared to the previous year.
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Newest Listings in Le Ray, NY
What homes are available in Le Ray, NY?
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MLS Disclaimers and Copyright
Based on information from New York State Alliance of MLS, for the period 06/01/2023 - 06/01/2025

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© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/2/2025, 4:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.