Clay County, Missouri 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 50% above the Missouri median More expensive than 82% of counties in Missouri$218,653
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Median rent 20% above the Missouri median Among the 3 most expensive counties in Missouri$1,242
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Clay County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $218,653 | $145,462 | $248,835 |
| Price Trend (Annual %) | 6.8% | 5.2% | 7.5% |
| Median Gross Rent | $1,242 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 4.9% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Clay County is about 50% higher than in Missouri. Rent is about 20% higher than the Missouri 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 6.8% and 4.9% a year respectively. Home prices are changing faster.
Median rent in Clay County rose about 50.0% between 2015 and 2024, from $828 to $1,242. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Clay County.
Buying the median-priced home in Clay County costs roughly 14.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Clay County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Clay County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $218,653 | $145,462 | $248,835 |
| Median Household Income | $87,903 | $70,801 | $80,455 |
| Price-to-Income Ratio | 2.5 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Clay County rose about 101.7%, while median household income rose about 43.7% 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 | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.9% | 60.5% | 58.5% |
| Rental Rate | 28.9% | 28.3% | 31.2% |
| Vacancy Rate | 5.2% | 11.2% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Clay County has a homeownership rate of 65.9%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 5.2%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Clay County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1983 | 1978 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Clay County was built around 1983. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 13.0 years on average.
Clay County, MO Housing Compared With Nearby Counties
Clay County, MO is the 2nd largest of the 5 counties compared here, 258,122 residents against a local median of 138,995. Where Clay County, MO breaks from the counties next to it is median home price, sitting 134% above the local median of $93,526 at $218,653.
The counties themselves spread $78,922 on median home price, so Clay County, MO sits at one end of an already wide local range rather than apart from it. Clay County, MO has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Clay County, MO | 258,122 | $218,653 #1/5 | $1,242 #2/5 | 69.5% #2/5 |
| Clinton County, MO | 21,414 | $61,709 | $1,008 | 75.7% |
| Jackson County, MO | 719,648 | $119,553 | $1,196 | 59.1% |
| Platte County, MO | 110,371 | $67,499 | $1,334 | 67.4% |
| Wyandotte County, KS | 167,620 | $140,630 | $1,122 | 62.0% |
Frequently Asked Questions
Common questions about the housing market in Clay County, Missouri.
What is the median home price in Clay County, Missouri?
The median home price in Clay County, Missouri is $218,653, higher than the Missouri average of $145,462.
What is the average home price in Clay County, Missouri?
The typical home price in Clay County, Missouri, reported as the median sale price, is $218,653. 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, Missouri?
The median gross rent in Clay County, Missouri is $1,242 per month, higher than the Missouri average of $1,033.
What was the median gross rent in Clay County in 2020?
In 2020, the median gross rent in Clay County, Missouri was $994 per month.
What is the price-to-rent ratio in Clay County, Missouri?
The price-to-rent ratio in Clay County, Missouri is about 14.7, meaning it would take roughly 14.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Clay County.
Are home prices or rent rising faster in Clay County, Missouri?
Both home prices and rent are rising in Clay County, up about 6.8% and 4.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Clay County, Missouri?
65.9% of households in Clay County, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Clay County, Missouri?
The housing vacancy rate in Clay County, Missouri is 5.2%, lower than the Missouri average of 11.2%.
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