Clay County, Kentucky home prices
Typical home $107,909 · -10.7% in a year · property tax 0.7%
The typical home in Clay County is worth $107,909, 53% less than the Kentucky typical home ($230,909). Values changed -10.7% in the past year and +15.5% over five years. Homeowners here pay a median 0.7% of their home's value in property tax each year ($754 on the typical home), versus 0.72% 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 | $21,582 | $86,327 | $581 | $0 | $117 | $698 | $29,900 |
| 10% down | $10,791 | $97,118 | $653 | $40 | $117 | $811 | $34,700 |
| 5% down | $5,395 | $102,514 | $690 | $43 | $117 | $849 | $36,400 |
| 3.5% down (FHA) | $3,777 | $105,955 | $713 | $48 | $117 | $877 | $37,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.7% 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 Kentucky · part of the London metro area.
Kentucky counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Estill County | $111,861 | -8.9% | 0.67% |
| Lewis County | $112,742 | -5.8% | 0.64% |
| Martin County | $101,271 | -11.7% | 0.82% |
| Perry County | $100,008 | -5.4% | 0.7% |
| Magoffin County | $115,980 | -21.3% | 0.78% |
| Bell County | $99,031 | -13.0% | 0.81% |
| Jackson County | $116,937 | -20.1% | 0.62% |
| McCreary County | $97,501 | -10.5% | 0.65% |
| Pike County | $96,689 | -8.6% | 0.69% |
| Owsley County | $123,470 | -6.0% | 0.71% |
Frequently asked questions
What is the average home price in Clay County, KY?
The typical home value in Clay County is $107,909 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Clay County?
About $29,900 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 0.7% of home value a year (Census ACS 2024 5-year estimates).