Clay County, IL Home Values & Market Trends

The median home price in Clay County, IL is $106,826.46. There were 288 home sales in Clay County, IL over the past 12 months. The median residential Clay County, IL home value for transactions over the previous year is $55,000. The number of current listings in Clay County, IL is 16, and the percentage of properties for sale is 16.00%. The county has 5 foreclosures, 2 bank owned properties, 2 headed for auction, and 16 properties for sale.

Clay County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Flora

$ 78,000

$ 69/sqft

Xenia

$ 275,000

$ 107/sqft

Clay City

$ 76,000

$ 65/sqft

Sailor Springs

$ --

$ --

Louisville

$ 53,000

$ 37/sqft

Ingraham

$ --

$ --

Housing Market Summary for Clay County, IL

Apr 2023March 2024Change
Median Listing Price$74,950$93,00024.08%
Median Sold Price$84,000$93,00010.71%
Homes For Sale1614-12.50%
Homes Sold159153-3.77%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Clay County, IL

Clay County, IL home values range from $23,544 to $2,947,000. Xenia is the priciest city with a median listing home price of $195,000, and Clay City is most affordable with average house prices of around $63,500.

Foreclosure
There are 6 cities within Clay County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $100,000 in Xenia to the lowest value of $45,000 in Xenia. Foreclosure homes account for 0.00% of properties in Clay County, IL with Flora containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in Clay County, IL with Flora containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Clay County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $145,000 in Flora to the lowest home value of $145,000 in Flora.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Clay County, IL ranges from the highest value of $45,000 in Flora to the lowest value of $45,000 in Xenia. Bank owned homes and properties account for 0.03% of properties in Clay County, IL. There are 6 cities within Clay County, IL; Xenia containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Clay City has 1 auction properties, the highest number of properties going to auction in a single city in the state of Clay County, IL. Auction homes and other auction properties account for 0.03% of all properties in Clay County, IL. There are 6 cities within Clay County, IL; of those cities, the median estimated home value for homes going to auction ranges from $100,000 in Flora to the lowest value of $100,000 in Flora.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.25% of residential properties in Clay County, IL with Flora containing 13 homes for sale, the highest number of listed properties in a single city. There are 6 cities within Clay County, IL; homes for sale in those cities, have a range of median values from $275,000 in Xenia to the lowest value of $53,000 in Louisville.
    Sold Homes
    The median value for recently sold homes ranges from $151,000 in Clay City to the lowest price of $27,444 in Clay City. There are 6 cities within Clay County, IL. Flora has 68 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.27% of properties in Clay County, IL.

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      Guide for Clay County, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.