Clay County, Alabama home prices
Typical home $176,684 · +6.1% in a year · property tax 0.21%
The typical home in Clay County is worth $176,684, 26% less than the Alabama typical home ($238,614). Values changed +6.1% in the past year and +18.2% over five years. Homeowners here pay a median 0.21% of their home's value in property tax each year ($373 on the typical home), versus 0.38% statewide.
Mortgage on the typical Clay County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $35,337 | $141,347 | $951 | $0 | $119 | $1,070 | $45,900 |
| 10% down | $17,668 | $159,016 | $1,070 | $66 | $119 | $1,255 | $53,800 |
| 5% down | $8,834 | $167,850 | $1,129 | $70 | $119 | $1,319 | $56,500 |
| 3.5% down (FHA) | $6,184 | $173,484 | $1,167 | $78 | $119 | $1,365 | $58,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.21% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Alabama.
Alabama counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Coffee County | $177,245 | -2.2% | 0.36% |
| Talladega County | $177,293 | -0.7% | 0.36% |
| Franklin County | $175,986 | -1.8% | 0.32% |
| Hale County | $178,463 | +5.8% | 0.32% |
| Coosa County | $180,253 | +5.2% | 0.27% |
| Calhoun County | $170,425 | +4.4% | 0.42% |
| Etowah County | $185,226 | +5.8% | 0.39% |
| Geneva County | $165,106 | +2.8% | 0.34% |
| Jackson County | $189,054 | -0.5% | 0.3% |
| Washington County | $163,494 | +0.8% | 0.23% |
Frequently asked questions
What is the average home price in Clay County, AL?
The typical home value in Clay County is $176,684 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Clay County?
About $45,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Clay County?
The median effective rate is 0.21% of home value a year (Census ACS 2024 5-year estimates).