Originally used to describe the state of often-used rags. Now used to describe pretty much anything.
A)In shambles, falling apart, or messy.
B) Disgusting, particularly unattractive, or cheap.
Joanna: That shirt is raggity. Girl, if you wear that on your date John is gonna think you some kinda cheap skank
Melissa: Thanks, I think I will switch shirts immediately.
Joe(phone): My place is looking pretty raggity, why dont we chill at your apartment tonight?
Danny(phone): Word. Bring at least a case of Bud Light and your A-Game for COD. I dont wanna lower my Kill/Death ratio, and last weekend you were pretty raggity.