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Featured local agent — Clay, AL
Sarah Mitchell
Compass Real Estate · Clay, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Clay, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$257,000median sale price
How is the Clay, AL housing market right now?
The median home sale price in Clay, AL is $257,000, up 2.8% year-over-year. Homes sell in an average of 40 days with 58 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Clay a buyer's or seller's market?
Clay, AL is currently a balanced market, based on 4.5 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
40
Average pace
Active listings
58
4.5 months supply
Sale-to-list
100.2%
Above asking
What does the Clay housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $257,000 |
| Median list price | $282,450 |
| Year-over-year price change | +2.8% |
| Average days on market | 40 days |
| Active inventory | 58 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $130/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 16 |
| Listings with a price cut | 31.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Clay by property type?
How the Clay, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $257,500 | $136/sq ft | 12 | 40 days |
| Townhouse | $235,000 | $115/sq ft | 1 | 40 days |
Source: Redfin · Updated monthly
The Clay housing market is currently classified as a balanced market with a median sale price of $257,000. Prices have risen 2.8% compared to last year, with homes spending an average of 40 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Clay
There are currently 58 homes listed for sale in Clay, Alabama. The median listing price is $282K.
Active listings
58
Homes on market
Median list price
$282K
Avg. days on market
40
Days until sale
New this week
16
Newly listed
Who lives in Clay?
Population
10,288
Median income
$86,163/yr
Median age
40.4 years
Owner-occupied
93.8%
College grads
23.3%
Avg commute
34.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Clay?
Zillow home value
$253,847
Zillow rent index
$1,680/mo
Price-to-rent ratio
12.6x
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in Clay?
Clay is a community of approximately 10K residents with a median age of 40.4 years.The median household income is $86,163, which reflects a relatively affluent area with strong earning potential. 23.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 93.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Clay offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Clay?
1 schools tracked · 634 students
The largest public schools serving Clay, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Clay Elementary School
Grades PK-5 · 634 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Clay, AL?
Want a head-to-head view? Compare Clay side-by-side with any other U.S. city using our market-comparison tool.
Is Clay a good real estate investment market?
For investors evaluating Clay, the price-to-rent ratio of 12.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 2.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Clay's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Clay's median home price.
Frequently asked questions
What is the average home price in Clay?
The median home sale price in Clay is $257,000, up 2.8% from last year.
How long do homes stay on market in Clay?
Homes typically spend 40 days on market before going under contract.
What is the median income in Clay?
The median household income is $86,163 per year.
Is Clay a buyer's or seller's market?
With 4.5 months of supply, Clay is currently a balanced market.
What is the Zillow home value estimate for Clay?
The Zillow Home Value Index (ZHVI) for Clay is $253,847, representing the typical home value in the area.
How much does a single-family home cost in Clay?
The median single-family home price in Clay, AL is $257,500 (about $136 per square foot).
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