Much like other places in this area, it is a bit less expensive compared to the rest of the nation. However compared to the city of Birmingham, it's substantially more expensive.
Home prices
The median home in Clay is valued at $155,000. Compared to the surrounding areas this is approximately $3,540 (2%) higher.It is roughly $62,500 (28%) lower compared to the US as a whole, and it is roughly $63,900 (70%) higher in comparison to the city of Birmingham.
Rents
In Clay the median monthly rent is $848. It is approximately $233 (21%) lower in comparison to the surrounding areas.In comparison to the rest of the country it is roughly $214 (20%) lower, and is approximately $11 (1%) higher compared to the city of Birmingham.
Nearby places
Pinson
Pinson is Clay's neighbor to the west. The real estate prices there are a bit less expensive. The median home value in Pinson is $137,400, which works out to $17,600 (12%) lower than Clay. Rents there are pretty similar. Pinson's median monthly rent is $884, which comes out to $36 (4%) higher than Clay.
Grayson Valley
Grayson Valley is Clay's neighbor to the southwest. Real estate prices there are a lot less expensive. The median home cost in Grayson Valley is $114,100, which works out to $40,900 (35%) lower than Clay. Rents there are a little more expensive. The median rent in Grayson Valley is $937 a month, which is $89 (9%) higher than Clay.
Trussville
Trussville is Clay's neighbor to the south. Its housing prices are significantly more expensive. Trussville's median home value is $255,100, which works out to $100,100 (39%) higher than Clay. Its rents are significantly more expensive. Trussville's median rent is $1,414 per month, which comes out to $566 (40%) higher than Clay.
Center Point
Center Point is Clay's neighbor to the southwest. Its housing prices are substantially less expensive. Center Point's median home price is $97,800, which is $57,200 (58%) lower than Clay. The rent there is fairly similar. In Center Point the median rent is $861 a month, which comes out to $13 (1%) higher than Clay.
Margaret
Margaret is roughly 7 miles east from Clay. The real estate prices there are pretty similar. Margaret's median home price is $152,900, which is $2,100 (1%) lower than Clay. Rent there is significantly more expensive. In Margaret the median monthly rent is $1,311, which works out to $463 (35%) higher than Clay.
