Much like other places in this area, it is substantially less expensive compared to the rest of the country. Compared to the city of Bloomington, it is a lot less expensive.
Home prices
The median home in Clay City costs $67,500. This is about $2,800 (3%) lower in comparison to other places in this area.It is approximately $150,000 (68%) lower in comparison to the entire nation, and is roughly $133,200 (66%) lower in comparison to the city of Bloomington.
Rents
The median monthly rent in Clay City is $605. Compared to the surrounding areas this is about $131 (17%) lower.It is about $457 (43%) lower in comparison to the rest of the nation, and is approximately $312 (34%) lower compared to the city of Bloomington.
Nearby places
Jasonville
Jasonville is about 8 miles southwest of Clay City. Its real estate prices are a little less expensive. The median home price in Jasonville is $51,800, which works out to $15,700 (30%) lower than Clay City. Rents there are pretty similar. In Jasonville the median rent is $628 per month, which comes out to $23 (3%) higher than Clay City.
Center Point
Center Point is about 9 miles north of Clay City. Real estate prices there are a little more expensive. Center Point's median home price is $79,600, which is $12,100 (15%) higher than Clay City. Rents there are somewhat more expensive. Center Point's median rent is $665 per month, which comes out to $60 (9%) higher than Clay City.
Hymera
Hymera is about 10 miles southwest of Clay City. Its real estate prices are a little less expensive. The value of the median home in Hymera is $57,200, which comes out to $10,300 (18%) lower than Clay City. Its rents are a little more expensive. The median rent in Hymera is $709 per month, which comes out to $104 (14%) higher than Clay City.
Riley
Riley is roughly 11 miles northwest of Clay City. Real estate prices there are a bit more expensive. Riley's median home cost is $83,500, which is $16,000 (19%) higher than Clay City. The rent there is a lot more expensive. The median rent in Riley is $1,063 a month, which works out to $458 (43%) higher than Clay City.
Farmersburg
Farmersburg is roughly 12 miles west from Clay City. The housing prices there are a bit more expensive. The cost of the median home in Farmersburg is $79,400, which is $11,900 (14%) higher than Clay City. The rent there is fairly similar. In Farmersburg the median monthly rent is $613, which comes out to $8 (1%) higher than Clay City.
