All Reports Housing Affordability Clay County • May 2026 • All

Housing Affordability

Home price and typical payment compared to income

 Quick Summary

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Housing AffordabilityClay CountyMay 2026

Affordability

Payment as a Percent of Income

Based on 3-mo. median sale price
May 2026
27.8%
Year-over-year change
+10%
Compared to 25.2% last year
Difference from state
-22%
Compared to 35.8% in Indiana
View source and notes...

Last update: June 7, 2026, 4:13 a.m. Source: IAR Data Warehouse / American Community Survey Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Affordable Listings

Pct. of listings in last 90 days affordable to household earning $75K
May 2026
48.1%
Year-over-year change
-27%
Compared to 66.2% last year
Difference from state
+31%
Compared to 36.9% in Indiana
View source and notes...

Last update: June 7, 2026, 4:03 a.m. Source: IAR Data Warehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Demographics

Median Household Income

Adjusted to current dollars
January 2025
$73,151
Year-over-year change
-2%
Compared to $74,824 last year
Difference from state
+5%
Compared to $69,976 in Indiana
View source and notes...

Last update: June 7, 2026, 4:13 a.m. Source: American Community Survey and Bureau of Labor Statistics Employment Cost Index Data notes: The most recent income measure from the American Community Survey is adjusted by two-year change in the Employment Cost Index to adjust to current dollars.

Market Momentum

Price

Median Monthly Payment

For median-priced home
May 2026
$1,694
Year-over-year change
+10%
Compared to $1,537 last year
Difference from state
-19%
Compared to $2,085 in Indiana
View source and notes...

Last update: June 7, 2026, 4:03 a.m. Source: IAR Datawarehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average.

Median Sale Price

3-Month Rolling Median
May 2026
$223,450
Year-over-year change
+13%
Compared to $197,000 last year
Difference from state
-19%
Compared to $275,000 in Indiana
View source and notes...

Last update: June 7, 2026, 4:03 a.m. Source: IAR Data Warehouse Data notes: -

Sales

Closed Sales by Price

12-month rolling total
All properties, June 2026
205
+8%
Under $250K
142
+1%
At Least $250K
64
+25%
View source and notes...

Last update: June 7, 2026, 4:55 a.m. Source: IAR MLS Data Warehouse Data notes: None

Supply

New Listings by Price

12-month rolling total
All properties, June 2026
255
+0%
Under $250K
152
-12%
At Least $250K
103
+26%
View source and notes...

Last update: June 7, 2026, 4:55 a.m. Source: IAR MLS Data Warehouse Data notes: None

Inventory by Price

Average daily inventory in latest month
All properties, June 2026
38
-10%
Under $250K
15
-46%
At Least $250K
23
+57%
View source and notes...

Last update: June 7, 2026, 4:55 a.m. Source: IAR MLS Data Warehouse Data notes: None