Market Overview
Home Prices in Clay City, KY
The median home value in Clay City, KY is $134,921 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 17.9% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Clay City are priced67% below average.
Over the past five years, Clay City home values have risen by approximately10.4%, reflecting steady appreciation in this market.
Price History
Clay City Home Price Trend
2020
$97,843
$98K
—
2021
$122,195
$122K
+24.9%
2022
$145,539
$146K
+19.1%
2023
$158,147
$158K
+8.7%
2024
$166,626
$167K
+5.4%
2025
$164,397
$164K
-1.3%
2026
$134,921
$135K
-17.9%
City Comparison
Clay City vs. National Median
🏠 Clay City
$134,921
National Median
$410,000
At $134,921, homes in Clay City cost 67% below the national median of $410,000. This makes Clay City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Clay City?
20% Down Payment
$26,984
on $134,921
Monthly P&I
$704/mo
30-yr @ 6.8%
Total Monthly Est.
~$894/mo
incl. taxes & insurance
Income Needed
$35,760
gross annual (30% rule)
10% Down Option
$13,492
+ PMI applies
Loan Amount (20% dn)
$107,937
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Clay City, KY?
The median home value in Clay City is $134,921 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 17.9% year-over-year.
How much have home prices changed in Clay City?
Over the past year, home values in Clay City have decreased by 17.9%. Over five years, prices have risen approximately 10.4%.
How much do I need to earn to buy a home in Clay City?
To comfortably afford the median home price of $134,921 with a 20% down payment ($26,984) at today's rates (6.8%), you'd need a gross annual income of approximately $35,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Clay City compare to the national average home price?
The national median home value is approximately $410,000. At $134,921, homes in Clay City are 67% below the national average.