Clay County, Texas Housing Market
In Clay County, Texas, the median home value is $171,500, with a median monthly rent of $811. This places Clay County at #1773 nationally out of 3134 counties by median home value, and #119 within Texas.
📈 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: $993
- Establishments: 168
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,108 (avg $72,164)
- Outflow: 3,821 (avg $72,507)
- IRS Statistics of Income
How Clay County Compares
| Metric | Clay County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $171,500 | $186,278 | $227,706 |
| Median Gross Rent | $811 | $997 | $968 |
| Owner Occupancy Rate | 84.0% | 73.2% | 73.3% |
| Price/Rent Ratio | 17.6 | 15.2 | 18.7 |
Market Analysis
The median home value in Clay County is 7.9% below the Texas state average and 24.7% below the U.S. national average. The median rent of $811/month is 18.7% below the state average.
With a price-to-rent ratio of 17.6, 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 84.0%, compared to 73.2% in Texas 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 |
|---|---|---|---|
| Newton County | Indiana | $171,500 | $918 |
| Ross County | Ohio | $171,500 | $906 |
| Reagan County | Texas | $171,500 | $746 |
| Armstrong County | Texas | $171,500 | $1,021 |
| Stone County | Arkansas | $171,600 | $626 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Reagan County | $171,500 | $746 | 70.0% |
| Armstrong County | $171,500 | $1,021 | 80.2% |
| Rusk County | $171,300 | $1,015 | 78.8% |
| Calhoun County | $171,200 | $891 | 77.3% |
| DeWitt County | $170,900 | $921 | 73.9% |
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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).