Clay County, Texas home prices
Typical home $200,720 · +2.5% in a year · property tax 1.27%
The typical home in Clay County is worth $200,720, 32% less than the Texas typical home ($296,424). Values changed +2.5% in the past year and +8.3% over five years. Homeowners here pay a median 1.27% of their home's value in property tax each year ($2,554 on the typical home), versus 1.32% 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 | $40,144 | $160,576 | $1,080 | $0 | $313 | $1,393 | $59,700 |
| 10% down | $20,072 | $180,648 | $1,215 | $75 | $313 | $1,604 | $68,700 |
| 5% down | $10,036 | $190,684 | $1,283 | $79 | $313 | $1,675 | $71,800 |
| 3.5% down (FHA) | $7,025 | $197,084 | $1,326 | $89 | $313 | $1,728 | $74,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.27% 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 Texas · part of the Wichita Falls metro area.
Texas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Panola County | $200,567 | +3.6% | 0.79% |
| Crane County | $200,382 | +1.3% | 1.04% |
| Sabine County | $201,342 | +3.1% | 0.82% |
| Menard County | $201,702 | +6.3% | 1.95% |
| Lamar County | $201,796 | +1.3% | 0.87% |
| Delta County | $201,862 | +0.1% | 0.95% |
| Angelina County | $198,763 | -1.2% | 1.09% |
| Houston County | $203,663 | +0.4% | 0.84% |
| Calhoun County | $204,106 | +1.5% | 1.26% |
| Cameron County | $204,554 | +1.3% | 1.5% |
Frequently asked questions
What is the average home price in Clay County, TX?
The typical home value in Clay County is $200,720 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Clay County?
About $59,700 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 1.27% of home value a year (Census ACS 2024 5-year estimates).