Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$162,116+5.2% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 5% have cut their price
Income needed to buy, per year$35,143About 0.8× the local median income ($46,829): affordable for a typical household
Days on market92 daysAbout the same pace as a year ago
The typical home in Clay County, MS is worth $162,116, up 5.2% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $173,655, so the area is 6.6% undervalued. It is a balanced market: homes take about 92 days to sell, listings are up 5% from a year ago, 5% of listings have had a price cut. A household needs about $35,143 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 $46,829. In the latest IRS figures, 23 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
$162,116
Change in 1 year
+5.2%
Overvalued %
−6.6%
Show 6 more
Fair home value
$173,655
Change in 5 years
+4.7%
Home value to income
3.5×
Monthly mortgage payment (20% down)
$879
Income needed to afford it
$35,143
Property tax rate
0.63%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$905
Market activity
Listings vs a year ago
+5.4%
Days on market
92
Listings with a price cut
5.1%
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Homes for sale
59
Pending sales per 100 listings
7
Asking price per sq ft
$131
People and jobs
Median household income
$46,829
Population change (1 year)
−0.0%
Unemployment rate
7.2%
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Population
18,238
Income adjusted for cost of living
$56,016
Net moves in (IRS)
−23
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
3.3
FEMA hazard risk score (0 to 100)
42.5
Flood risk score
33.8
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Wildfire risk score
26.3
Walkability (1 to 20)
5.5
Road, rail and air noise
52 dB
Questions people ask
Is Clay County, MS overvalued?
Home prices in Clay County, MS are slightly below what local incomes have historically supported: fair value is about $173,655, so the area is 6.6% undervalued.
Is Clay County, MS a buyer's or seller's market?
Clay County, MS is a balanced market: homes take about 92 days to sell, listings are up 5% from a year ago, 5% of listings have had a price cut.
Are home prices going down in Clay County, MS?
Home values in Clay County, MS are up 5.2% over the last year.
How much do you need to earn to buy a home in Clay County, MS?
A household needs about $35,143 a year to afford the typical home in Clay County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $46,829.