Clay County, Mississippi Housing Market
In Clay County, Mississippi, the median home value is $129,100, with a median monthly rent of $817. This places Clay County at #2503 nationally out of 3134 counties by median home value, and #32 within Mississippi.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $949
- Establishments: 366
- BLS QCEW, 2025
Housing Supply
- Single-family: 6
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,317 (avg $50,893)
- Outflow: 7,111 (avg $51,383)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Clay County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 39759 | 253.7 | +7.79% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Clay County Compares
| Metric | Clay County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $129,100 | $135,817 | $227,706 |
| Median Gross Rent | $817 | $804 | $968 |
| Owner Occupancy Rate | 71.3% | 72.4% | 73.3% |
| Price/Rent Ratio | 13.2 | 13.9 | 18.7 |
Market Analysis
The median home value in Clay County is 4.9% below the Mississippi state average and 43.3% below the U.S. national average. The median rent of $817/month is 1.6% above the state average.
With a price-to-rent ratio of 13.2, buying a home in Clay County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Clay County has an owner-occupancy rate of 71.3%, compared to 72.4% in Mississippi and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Izard County | Arkansas | $129,100 | $621 |
| Coffee County | Georgia | $128,900 | $710 |
| Stevens County | Kansas | $129,300 | $927 |
| Washington County | Missouri | $129,400 | $684 |
| Jim Hogg County | Texas | $129,400 | $824 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Bolivar County | $130,000 | $685 | 62.6% |
| Panola County | $127,800 | $874 | 71.1% |
| Montgomery County | $126,800 | $734 | 75.8% |
| Walthall County | $126,600 | $790 | 80.3% |
| Grenada County | $132,200 | $807 | 66.6% |
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).