Clay County, Georgia Housing Market Prices
Clay County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 32% below the Georgia median$173,610
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Median rent 62% below the Georgia median Among the top 3 cheapest counties in Georgia$536
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Clay County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $173,610 | $256,986 | $248,835 |
| Price Trend (Annual %) | -6.5% | 8.9% | 7.5% |
| Median Gross Rent | $536 | $1,392 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Clay County is about 32% lower than in Georgia. Rent is about 62% lower than the Georgia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Clay County: home prices fell about 6.5% a year while rent rose about 4.8% a year. That is an unusual pattern worth watching.
Median rent in Clay County rose about 43.1% between 2015 and 2024, from $375 to $536. Over the same span, rent in Georgia rose about 58.5%.
Affordability
On average, housing unit costs 3.6 yearly household incomes in Clay County.
Buying the median-priced home in Clay County costs roughly 27.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Clay County. The price-to-rent ratio in Georgia is about 15.4.
| Metric | Clay County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | $173,610 | $256,986 | $248,835 |
| Median Household Income | $48,791 | $77,523 | $80,455 |
| Price-to-Income Ratio | 3.6 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Clay County fell about 42.5%, while median household income rose about 53.1% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Clay County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 48.7% | 58.9% | 58.5% |
| Rental Rate | 13.5% | 30.8% | 31.2% |
| Vacancy Rate | 37.9% | 10.3% | 10.2% |
| Median Tenure (years) | 20.0 | 14.0 | 15.0 |
| Median Year Moved In | 2006 | 2012 | 2011 |
Clay County has a homeownership rate of 48.7%, lower than the Georgia average of 58.9%. Its housing vacancy rate is 37.9%, compared with 10.3% in Georgia.
Housing Stock
| Metric | Clay County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.27 people | 2.62 people | 2.53 people |
| Median Structure Built Year | 1986 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.9 | 5.5 |
The typical housing unit in Clay County was built around 1986. On average, 2.3 people live in a home with about 5.3 rooms, staying for about 20.0 years on average.
Clay County, GA Housing Compared With Nearby Counties
How Clay County, GA compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Clay County, GA | 2,850 | $173,610 #2/3 | $536 #3/3 | 78.3% #2/3 |
| Randolph County, GA | 6,196 | $360,203 | $606 | 51.5% |
| Henry County, AL | 17,647 | $85,634 | $768 | 79.5% |
Frequently Asked Questions
Common questions about the housing market in Clay County, Georgia.
What is the median home price in Clay County, Georgia?
The median home price in Clay County, Georgia is $173,610, lower than the Georgia average of $256,986.
What is the average home price in Clay County, Georgia?
The typical home price in Clay County, Georgia, reported as the median sale price, is $173,610. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Clay County, Georgia?
The median gross rent in Clay County, Georgia is $536 per month, lower than the Georgia average of $1,392.
What was the median gross rent in Clay County in 2020?
In 2020, the median gross rent in Clay County, Georgia was $336 per month.
What is the price-to-rent ratio in Clay County, Georgia?
The price-to-rent ratio in Clay County, Georgia is about 27.0, meaning it would take roughly 27.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Clay County.
Are home prices or rent rising faster in Clay County, Georgia?
Home prices and rent are moving in opposite directions in Clay County: home prices fell about 6.5% a year while rent rose about 4.8% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Clay County, Georgia?
48.7% of households in Clay County, Georgia own their home, lower than the Georgia average of 58.9%.
What is the vacancy rate in Clay County, Georgia?
The housing vacancy rate in Clay County, Georgia is 37.9%, higher than the Georgia average of 10.3%.
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