Clay County, MN home prices
Clay County, MN: the typical home is worth $304,973 as of 2026-05, up +2.5% over the past year and n/a since 2000. Listings run about $161/sq ft. Rent…
Clay County is cooling and overvalued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1978: $94,498 → 2026: $304,973 (3.2×) pre-2000 estimated via FHFA index
Market read
At $304,973, homes in Clay County sit 12% above the Minnesota median ($272,151) and 30% above the US median ($233,954). That ranks #33 of 87 Minnesota counties by price.
Prices are holding steady (+2.5% in the last year) — a balanced market.
Homes here move at a steady pace — a median 42 days on the market, with 18% of listings cutting their asking price.
At 4.2× local income, that's pricier than the typical US county (~3.8×).
Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.
Rent and buy are close — ~$1,505/mo to buy (P&I, 20% down) vs $1,327/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Norman County, MN ($180,010) · Becker County, MN ($355,468) · Cass County, ND ($338,131) · Wilkin County, MN ($224,681) · Mahnomen County, MN ($177,290) · Richland County, ND ($230,983)
Frequently asked questions
What is the average home price in Clay County, MN?
Are home prices in Clay County rising or falling?
Is Clay County affordable?
What is the rental yield in Clay County?
How fast do homes sell in Clay County?
| Year | Median home value |
|---|---|
| 2009 | $179,423 |
| 2010 | $167,687 |
| 2011 | $168,291 |
| 2012 | $165,759 |
| 2013 | $168,471 |
| 2014 | $177,428 |
| 2015 | $189,361 |
| 2016 | $206,736 |
| 2017 | $221,955 |
| 2018 | $225,407 |
| 2019 | $228,301 |
| 2020 | $235,198 |
| 2021 | $242,063 |
| 2022 | $267,796 |
| 2023 | $282,564 |
| 2024 | $285,760 |
| 2025 | $295,653 |
| 2026 | $304,796 |