Clay County, Arkansas home prices
Typical home $124,769 · +5.3% in a year · property tax 0.5%
The typical home in Clay County is worth $124,769, 44% less than the Arkansas typical home ($224,158). Values changed +5.3% in the past year and +20.0% over five years. Homeowners here pay a median 0.5% of their home's value in property tax each year ($620 on the typical home), versus 0.5% 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 | $24,954 | $99,815 | $671 | $0 | $114 | $786 | $33,700 |
| 10% down | $12,477 | $112,292 | $755 | $47 | $114 | $916 | $39,300 |
| 5% down | $6,238 | $118,530 | $797 | $49 | $114 | $961 | $41,200 |
| 3.5% down (FHA) | $4,367 | $122,509 | $824 | $55 | $114 | $993 | $42,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.5% 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 Arkansas.
Arkansas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Union County | $125,218 | -1.1% | 0.57% |
| Columbia County | $125,336 | -2.7% | 0.47% |
| Hempstead County | $122,770 | +4.0% | 0.57% |
| Arkansas County | $122,343 | +1.9% | 0.54% |
| Lincoln County | $127,199 | +9.0% | 0.52% |
| Poinsett County | $130,353 | +5.3% | 0.53% |
| Lawrence County | $132,623 | +1.2% | 0.47% |
| Mississippi County | $116,648 | +4.8% | 0.52% |
| Calhoun County | $134,184 | +5.4% | 0.47% |
| Dallas County | $113,174 | +3.4% | 0.56% |
Frequently asked questions
What is the average home price in Clay County, AR?
The typical home value in Clay County is $124,769 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Clay County?
About $33,700 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 0.5% of home value a year (Census ACS 2024 5-year estimates).