Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$107,909−10.7% YoY · prices are falling fast
Market right nowBuyer's marketFewer homes for sale than last year, 28% have cut their price
Income needed to buy, per year$23,392About 0.6× the local median income ($39,016): affordable for a typical household
Days on market98 daysSlower than a year ago: buyers have time to negotiate
The typical home in Clay County, KY is worth $107,909, down 10.7% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $112,517, so the area is 4.1% undervalued. It is a buyer's market: homes take about 98 days to sell, listings are down 0% from a year ago, 28% of listings have had a price cut. A household needs about $23,392 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 $39,016. In the latest IRS figures, 123 more people moved out than in.
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
$107,909
Change in 1 year
−10.7%
Overvalued %
−4.1%
Show 6 more
Fair home value
$112,517
Change in 5 years
+15.5%
Home value to income
2.8×
Monthly mortgage payment (20% down)
$585
Income needed to afford it
$23,392
Property tax rate
0.70%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$909
Market activity
Listings vs a year ago
0.0%
Days on market
98
Listings with a price cut
27.9%
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Homes for sale
28
Pending sales per 100 listings
29
Asking price per sq ft
$127
People and jobs
Median household income
$39,016
Population change (1 year)
−0.5%
Unemployment rate
9.3%
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Population
19,465
Income adjusted for cost of living
$45,740
Net moves in (IRS)
−123
Cost of living (US = 100)
85.3
Schools, risk and environment
School rating (1 to 10)
6.6
FEMA hazard risk score (0 to 100)
67.1
Flood risk score
81.0
Show 3 more
Wildfire risk score
85.1
Walkability (1 to 20)
3.9
Road, rail and air noise
55 dB
Questions people ask
Is Clay County, KY overvalued?
Home prices in Clay County, KY are slightly below what local incomes have historically supported: fair value is about $112,517, so the area is 4.1% undervalued.
Is Clay County, KY a buyer's or seller's market?
Clay County, KY is a buyer's market: homes take about 98 days to sell, listings are down 0% from a year ago, 28% of listings have had a price cut.
Are home prices going down in Clay County, KY?
Home values in Clay County, KY are down 10.7% over the last year.
How much do you need to earn to buy a home in Clay County, KY?
A household needs about $23,392 a year to afford the typical home in Clay County, KY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $39,016.