Clay, AL Housing

The housing market in Clay, AL is quite strong compared to the rest of the country. The median value of homes in Clay, AL is $244,100, which is much lower than the US House Median Value of $338,100. However, the 1 year house appreciation rate for Clay, AL is 11.71%, while the US 1 year House Appreciation rate is 8.27%. This indicates that there has been a strong upwards trend in housing values in Clay, AL over the past year and that the market remains healthy in this area.

The median home cost in Clay is $244,100. Home appreciation the last 10 years has been 74.4%. Home Appreciation in Clay is up 17.9%.

Average Age of Homes

- The median age of Clay real estate is 25 years old

The Rental Market in Clay

- Renters make up 11.0% of the Clay population
- 7.4% of houses and apartments in Clay, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Clay, Alabama	United States
	4,099.0	139,647,020.0
	27	42
	$244,100	$338,100
	17.9%	16.6%
	54.5%	57.0%
	74.4%	101.1%
	$5.53	$10.98
	$913	$2,690
	78.5%	57.4%
	11.0%	11.2%
	10.5%	31.4%
Vacant Housing
	7.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.3%	2.4%
	0.0%	2.8%
	2.3%	3.9%
	0.9%	4.5%
	29.7%	11.3%
	36.1%	13.0%
	23.0%	20.1%
	6.4%	13.6%
	1.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	25.4%	13.6%
	25.4%	13.6%
	31.9%	13.6%
	14.7%	13.2%
	15.3%	14.8%
	31.9%	13.6%
	2.9%	10.0%
	0.7%	4.7%
	0.9%	12.2%