Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$176,684+6.1% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$38,301About 0.7× the local median income ($53,550): affordable for a typical household
Days on market115 daysSlower than a year ago: buyers have time to negotiate
The typical home in Clay County, AL is worth $176,684, up 6.1% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $167,767, so the area is 5.3% overvalued. It is a balanced market, leaning toward buyers: homes take about 115 days to sell, listings are up 110% from a year ago, 15% of listings have had a price cut. A household needs about $38,301 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 $53,550. In the latest IRS figures, 45 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
$176,684
Change in 1 year
+6.1%
Overvalued %
+5.3%
Show 6 more
Fair home value
$167,767
Change in 5 years
+18.2%
Home value to income
3.3×
Monthly mortgage payment (20% down)
$958
Income needed to afford it
$38,301
Property tax rate
0.21%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$921
Market activity
Listings vs a year ago
+110.5%
Days on market
115
Listings with a price cut
14.8%
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Homes for sale
40
Pending sales per 100 listings
18
Asking price per sq ft
$121
People and jobs
Median household income
$53,550
Population change (1 year)
−0.0%
Unemployment rate
2.4%
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Population
14,207
Income adjusted for cost of living
$64,363
Net moves in (IRS)
+45
Cost of living (US = 100)
83.2
Schools, risk and environment
School rating (1 to 10)
5.0
FEMA hazard risk score (0 to 100)
26.7
Unhealthy air days a year
1
Show 4 more
Flood risk score
35.3
Wildfire risk score
71.1
Walkability (1 to 20)
4.3
Road, rail and air noise
53 dB
Questions people ask
Is Clay County, AL overvalued?
Home prices in Clay County, AL are slightly above what local incomes have historically supported: fair value is about $167,767, so the area is 5.3% overvalued.
Is Clay County, AL a buyer's or seller's market?
Clay County, AL is a balanced market, leaning toward buyers: homes take about 115 days to sell, listings are up 110% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Clay County, AL?
Home values in Clay County, AL are up 6.1% over the last year.
How much do you need to earn to buy a home in Clay County, AL?
A household needs about $38,301 a year to afford the typical home in Clay County, AL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,550.