Clay County, MN Housing

The housing market in Clay, MN County is quite strong. The median value of a house in Clay, MN County is $250,800 which is significantly lower than the national average of $338,100. This difference in median value allows for more affordability and accessibility to potential home buyers. In addition to the difference in house values, Clay, MN County also had a much higher one year house appreciation rate at 15.27%, compared to the US average of 8.27%. This suggests that real estate investments can be profitable and houses could continue to appreciate significantly over the next year.

The median home cost in Clay County is $250,800. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Clay County is up 13.6%.

Average Age of Homes

- The median age of Clay County real estate is 41 years old

The Rental Market in Clay County

- Renters make up 28.2% of the Clay County population
- 3.4% of houses and apartments in Clay County, 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, Minnesota	United States
	26,711.0	139,647,020.0
	43	42
	$250,800	$338,100
	13.6%	16.6%
	38.7%	57.0%
	73.1%	101.1%
	$11.41	$10.98
	$2,454	$2,690
	62.6%	57.4%
	6.4%	11.2%
	31.0%	31.4%
Vacant Housing
	3.4%	1.9%
	0.2%	0.4%
	0.2%	0.7%
	0.2%	0.4%
	0.6%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	1.1%	2.4%
	1.0%	2.8%
	1.1%	3.9%
	3.5%	4.5%
	12.7%	11.3%
	23.3%	13.0%
	30.3%	20.1%
	14.9%	13.6%
	5.9%	8.3%
	3.5%	9.7%
	0.4%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	18.0%	13.6%
	18.0%	13.6%
	11.3%	13.6%
	6.2%	13.2%
	16.5%	14.8%
	11.3%	13.6%
	11.2%	10.0%
	3.0%	4.7%
	12.5%	12.2%

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