Clay County, North Carolina home prices
Typical home $338,459 · -0.6% in a year · property tax 0.43%
The typical home in Clay County is worth $338,459, about the same as the North Carolina typical home ($332,159). Values changed -0.6% in the past year and +24.7% over five years. Homeowners here pay a median 0.43% of their home's value in property tax each year ($1,442 on the typical home), versus 0.64% 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 | $67,692 | $270,767 | $1,821 | $0 | $289 | $2,111 | $90,500 |
| 10% down | $33,846 | $304,613 | $2,049 | $127 | $289 | $2,465 | $105,700 |
| 5% down | $16,923 | $321,536 | $2,163 | $134 | $289 | $2,586 | $110,800 |
| 3.5% down (FHA) | $11,846 | $332,328 | $2,236 | $150 | $289 | $2,675 | $114,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.43% 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 North Carolina.
North Carolina counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Haywood County | $338,535 | -3.0% | 0.57% |
| Johnston County | $339,986 | -0.6% | 0.62% |
| Ashe County | $351,357 | +3.6% | 0.49% |
| Davie County | $325,287 | +3.2% | 0.63% |
| Swain County | $321,857 | +0.5% | 0.41% |
| Franklin County | $355,924 | -0.3% | 0.65% |
| Macon County | $359,927 | +1.9% | 0.43% |
| Granville County | $315,433 | -0.6% | 0.67% |
| Yancey County | $313,735 | +0.4% | 0.48% |
| Polk County | $306,649 | -3.0% | 0.54% |
Frequently asked questions
What is the average home price in Clay County, NC?
The typical home value in Clay County is $338,459 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Clay County?
About $90,500 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 0.43% of home value a year (Census ACS 2024 5-year estimates).