A typical Clay home is worth roughly $177,000
What kind of housing town is Clay?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.6 years of income
Less than across Indiana (3.6 years). Try your own numbers below.
That covers a typical Clay home, with $102K to spare.
A two-bedroom rents for about $1,000 a month here, $10 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Clay’s typical property tax (0.44% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,000
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Miami County, IN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
78% of Clay households own their home
Half of Clay’s homes were built before 1981.
Indiana: 71% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Clay vs. its neighbors
Clay is the 2nd priciest of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Clay | $177K* | — | $1,000 | $67,408 |
| Deer Creek | $138K* | — | $1,000 | $42,164 |
| Harrison | $301K* | — | $980 | $70,250 |
| Washington | $119K* | +2%† | $990 | $48,723 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Clay buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.