The story of this market
The typical home in Clay County, Kansas sells for about $202,000, or $115 per square foot.
Prices are down 1.7% from a year ago, which gives buyers more room to negotiate. Homes take about 46 days to sell. Over the long run, values in this county have grown 105% since 2001. The biggest natural hazard here is ice storm, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,074 a month.
HUD sets the fair market rent for a 2-bedroom at $1,074 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively High.
Price climate
Every year of price change, 2001–2025
+6.1%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2006 (+23%). Worst: 2017 (-8%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.2%
KS · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,406
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2001–2025
+6.1%
2025 change
FHFA repeat-sales index, median of 2 census tracts in this county (2001 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
87
Relatively High
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $6,118,310.
Mortgage activity
Home lending in this county
79.5%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 230 | 125 | 79.5% | 9.6% | $140,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Clay County, Kansas
Clay County's housing market is characterized by high affordability and low inventory, with prices remaining relatively flat year-over-year. The market is currently balanced, providing a stable environment for local buyers and sellers.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 4 cities · 7 ZIP reports
Median prices moved up 0.1% year over year.
Homes spend a median of 63 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.45% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 13.4% — a stable, low-distress profile.
Deterministic aggregate of 6 researched ZIP reports of 7 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 27
researched Sep 28
researched Oct 8
researched Sep 28
researched Sep 28
researched Sep 28
researched Sep 28
| 66937 | Clifton | $103,600 | — | — | — | — | — | — | — | $1,074 | researched Sep 27 |
| 67432 | Clay Center | $166,000 | $105 | +27.4% | 403 | 100% | — | 1 | 1 | $987 | researched Sep 28 |
| 67444 | Geneseo | $145,000 | $195 | — | 120 | 98% | — | 3 | 3 | $850 | researched Oct 8 |
| 67460 | McPherson | $262,245 | $103 | +2.2% | 91 | — | — | 1 | 8 | $935 | researched Sep 28 |
| 67468 | Morganville | $135,000 | $85 | +2.5% | 92 | 96.5% | — | 6.2 | 4 | $750 | researched Sep 28 |
| 67478 | Simpson | $174,950 | $109 | — | 343 | — | — | — | 34 | $1,074 | researched Sep 28 |
| 67487 | Wakefield | $242,000 | $115 | -1.2% | 88 | 96.5% | 12% | 6.5 | 12 | $819 | researched Sep 28 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The local economy is primarily driven by agriculture and small-town commerce, with limited large-scale industrial development.
Property taxes are assessed by the Clay County Appraiser's office based on fair market value, with mill rates determined by local taxing jurisdictions including school districts and municipal governments.
The economy is largely agricultural with a stable, small-scale service sector; unemployment remains low at approximately 3.9%.
Transportation is primarily reliant on personal vehicles, with no major public transit infrastructure serving the county.
The Clay County Appraiser's office conducts annual valuations of real property to ensure equitable distribution of the tax burden.
Parcels are subject to various special districts including local school districts, fire districts, and county-wide utility or extension services.
- SpareTime Interactive Entertainment4.325.4 mi
- Acorns Resort4.620 mi
- Warrior Zone4.525.6 mi
- Liquid Art Winery & Restaurant4.728.8 mi
- B&B Theatres Junction City Gem4.528.3 mi
- Utility Park & Zoo4.43.2 mi
- US Cavalry Museum4.629 mi
- Seelye Mansion4.829.2 mi
- Utility Park & Zoo4.43.2 mi
- Milford Lake State Park Marina LLC4.522 mi
- Thunderbird Marina and RV Resort4.323.8 mi
- Manhattan Regional Airport4.430.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Data retrieved from Census Reporter and U.S. Census Bureau QuickFacts.
applies when — Property located within a designated reinvestment housing incentive district
Property may be subject to acquisition by the city or county for development purposes (excluding eminent domain) and specific relocation assistance requirements for tenants.
K.S.A. 12-5247
Requires a judicial process for the foreclosure and sale of real estate by the county when property taxes remain unpaid.
K.S.A. Chapter 79, Article 28
applies when — Property subject to a special assessment or fee pursuant to K.S.A. 12-6a01 et seq. or located in an improvement district
Seller must disclose the existence of the special assessment or fee to the buyer in writing prior to or as part of the sales contract and obtain written acknowledgment from the buyer.
K.S.A. 12-6a20
Annual tax bill calculated as: (Appraised Fair Market Value * 11.5% Assessment Rate) * (Mill Levy / 1,000). The mill levy is the combined tax rate set by local taxing jurisdictions.
Kansas Constitution Article 11, Section 1; K.S.A. 79-1439
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.