Clay County, Nebraska Housing Market
In Clay County, Nebraska, the median home value is $155,600, with a median monthly rent of $645. This places Clay County at #2126 nationally out of 3134 counties by median home value, and #49 within Nebraska.
📈 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: $1,021
- Establishments: 232
- BLS QCEW, 2025
Housing Supply
- Single-family: 18
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,447 (avg $81,242)
- Outflow: 2,339 (avg $82,534)
- 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 | 68818 | 298.4 | +6.58% | 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.
💰 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 | Nebraska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $155,600 | $164,635 | $227,706 |
| Median Gross Rent | $645 | $796 | $968 |
| Owner Occupancy Rate | 81.9% | 74.0% | 73.3% |
| Price/Rent Ratio | 20.1 | 17.2 | 18.7 |
Market Analysis
The median home value in Clay County is 5.5% below the Nebraska state average and 31.7% below the U.S. national average. The median rent of $645/month is 19.0% below the state average.
With a price-to-rent ratio of 20.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Clay County has an owner-occupancy rate of 81.9%, compared to 74.0% in Nebraska 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 |
|---|---|---|---|
| Gallia County | Ohio | $155,600 | $813 |
| Howard County | Texas | $155,600 | $1,034 |
| Comanche County | Texas | $155,600 | $855 |
| Washington County | Illinois | $155,700 | $818 |
| Washington Parish | Louisiana | $155,700 | $774 |
Other Counties in Nebraska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Johnson County | $155,500 | $779 | 67.2% |
| Dixon County | $155,900 | $689 | 76.5% |
| Valley County | $154,600 | $626 | 73.8% |
| Perkins County | $157,200 | $922 | 78.7% |
| Custer County | $157,800 | $853 | 68.9% |
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).