Clay County, Kansas 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 92% above the Kansas median More expensive than 89% of counties in Kansas$201,390
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Median rent 12% below the Kansas median More expensive than 83% of counties in Kansas$937
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Clay County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $201,390 | $104,644 | $248,835 |
| Price Trend (Annual %) | 38.1% | 4.4% | 7.5% |
| Median Gross Rent | $937 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Clay County is about 92% higher than in Kansas. Rent is about 12% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Clay County, up about 38.1% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Clay County rose about 52.8% between 2015 and 2024, from $613 to $937. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Clay County.
Buying the median-priced home in Clay County costs roughly 17.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Clay County. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Clay County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $201,390 | $104,644 | $248,835 |
| Median Household Income | $65,917 | $74,287 | $80,455 |
| Price-to-Income Ratio | 3.1 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Clay County rose about 536.4%, while median household income rose about 56.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Clay County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.6% | 60.9% | 58.5% |
| Rental Rate | 19.7% | 29.8% | 31.2% |
| Vacancy Rate | 10.7% | 9.2% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Clay County has a homeownership rate of 69.6%, higher than the Kansas average of 60.9%. Its housing vacancy rate is 10.7%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Clay County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.23 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1957 | 1975 | 1978 |
| Median Number of Rooms | 6.5 | 6.0 | 5.5 |
The typical housing unit in Clay County was built around 1957. On average, 2.2 people live in a home with about 6.5 rooms, staying for about 16.0 years on average.
Clay County, KS Housing Compared With Nearby Counties
How Clay County, KS compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Clay County, KS | 8,048 | $201,390 #2/2 | $937 #2/2 | 78.0% #1/2 |
| Riley County, KS | 71,946 | $256,250 | $1,046 | 46.1% |
Frequently Asked Questions
Common questions about the housing market in Clay County, Kansas.
What is the median home price in Clay County, Kansas?
The median home price in Clay County, Kansas is $201,390, higher than the Kansas average of $104,644.
What is the average home price in Clay County, Kansas?
The typical home price in Clay County, Kansas, reported as the median sale price, is $201,390. 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, Kansas?
The median gross rent in Clay County, Kansas is $937 per month, lower than the Kansas average of $1,060.
What was the median gross rent in Clay County in 2020?
In 2020, the median gross rent in Clay County, Kansas was $608 per month.
What is the price-to-rent ratio in Clay County, Kansas?
The price-to-rent ratio in Clay County, Kansas is about 17.9, meaning it would take roughly 17.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Clay County.
Are home prices or rent rising faster in Clay County, Kansas?
Both home prices and rent are rising in Clay County, up about 38.1% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Clay County, Kansas?
69.6% of households in Clay County, Kansas own their home, higher than the Kansas average of 60.9%.
What is the vacancy rate in Clay County, Kansas?
The housing vacancy rate in Clay County, Kansas is 10.7%, higher than the Kansas average of 9.2%.
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