The housing market in Clay City, IN is thriving. The median value of homes in the area is $137,200, compared to the US median value of $338,100. Furthermore, Clay City has seen a 1 year appreciation rate of 14.15%, which is higher than the 8.27% appreciation rate for the US housing market as a whole. This makes Clay City an attractive destination for potential home buyers looking for an affordable place to live with a strong potential for future growth.
The median home cost in Clay City is $137,200. Home appreciation the last 10 years has been 66.3%. Home Appreciation in Clay City is up 15.4%.
Average Age of Homes
- The median age of Clay City real estate is 70 years old
The Rental Market in Clay City
- Renters make up 22.2% of the Clay City population
- 6.0% of houses and apartments in Clay City, 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.