Real Estate Price Maphome prices by county

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…

Data as of · by the Real Estate Price Map data team · methodology & sources

Clay County is cooling and overvalued — very affordable for what people here earn.

Momentum+2.5%Cooling
Valuation+11%Elevated
Affordability8/10Very affordable
Market42 daysBalanced

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

Typical value$304,9732026-05
1-year+2.5%
5-year+23.2%
10-year+43.7%
Since 2000n/a
Population66k2024
Median income$72,1722023 · 4.2× income
Median rent$1,327/mo2026 · 5.2% gross yield
New homes/yr2692024
Price / sq ft$161listings
Days on market422026-06
Active listings1782026-06
Price cuts18%of listings

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 →

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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?
The typical home in Clay County is worth $304,973 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Clay County rising or falling?
Prices are up +2.5% over the past year and n/a since 2000 — a balanced market.
Is Clay County affordable?
At 4.2× the local median income of $72,172, Clay County is pricier than the typical US county.
What is the rental yield in Clay County?
Median rent is $1,327/mo — a gross rental yield of 5.2% on the typical home.
How fast do homes sell in Clay County?
Homes here take a median of 42 days to sell, with 18% of listings cutting their asking price.
Median home value by year
YearMedian 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