Clay County, Florida Housing Market
In Clay County, Florida, the median home value is $312,500, with a median monthly rent of $1,551. This places Clay County at #566 nationally out of 3134 counties by median home value, and #28 within Florida.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,191
- Establishments: 5,327
- BLS QCEW, 2025
Housing Supply
- Single-family: 1,240
- Multi-family: 282
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 96,463 (avg $78,444)
- Outflow: 88,217 (avg $77,939)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 5 active ZIP codes in Clay County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 32065 | 290.9 | -6.68% | 2025 |
| 2 | 32003 | 283.4 | -2.39% | 2025 |
| 3 | 32043 | 310.5 | +6.75% | 2025 |
| 4 | 32068 | 307.9 | +2.28% | 2025 |
| 5 | 32073 | 289.0 | -3.40% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
📝 Editor's Insight
None
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Clay County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Clay County →How Clay County Compares
| Metric | Clay County | Florida Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $312,500 | $284,325 | $227,706 |
| Median Gross Rent | $1,551 | $1,303 | $968 |
| Owner Occupancy Rate | 75.9% | 74.6% | 73.3% |
| Price/Rent Ratio | 16.8 | 17.6 | 18.7 |
Market Analysis
The median home value in Clay County is 9.9% above the Florida state average and 37.2% above the U.S. national average. The median rent of $1,551/month is 19.0% above the state average.
With a price-to-rent ratio of 16.8, the buy-vs-rent decision in Clay County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Clay County has an owner-occupancy rate of 75.9%, compared to 74.6% in Florida and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Midland County | Texas | $312,700 | $1,407 |
| Hamilton County | Tennessee | $312,800 | $1,253 |
| Volusia County | Florida | $313,000 | $1,467 |
| Rockingham County | Virginia | $313,000 | $1,160 |
| Sandoval County | New Mexico | $313,800 | $1,427 |
Other Counties in Florida
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Volusia County | $313,000 | $1,467 | 73.7% |
| Bay County | $310,500 | $1,484 | 66.8% |
| Lake County | $318,400 | $1,586 | 77.6% |
| Duval County | $303,500 | $1,475 | 58.2% |
| Leon County | $301,800 | $1,291 | 52.6% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).