Clay County, MN real estate

What the numbers say

Clay County, MN real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Clay County listed for $336,500, up 5.2% from a year earlier. That is 11% below the Minnesota median of $379,900.

Homes spent a median of 54 days on the market, slower than 45 days a year ago. That makes Clay County the #14 fastest-selling of 20 Minnesota counties we track.

Homeowners in Clay County pay a median of $3,013 a year in property taxes on a median home value of $265,500, an effective rate of about 1.13%. The Minnesota average is 1.02%, which makes Clay County the #79 lowest-tax of 87 counties in the state with published tax data.

Renters pay a median of $1,019 a month, and $1,033 for a two-bedroom. At today's prices a typical home costs about 28 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $337,000 home here comes to about $2,293 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $98,000 a year (the median household here earns $81,172).