Foreclosure Homes in Clay City, KY

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5 View this home at Fife Lick Rd Clay City KY 40312
$152,482 EMV
Fife Lick Rd
Clay City, KY 40312
4 |
EST. RENT: $1,102
AUCTION: 04-29-2024
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Clay City, KY Foreclosures

How much do homes sell for in Clay City, KY?
The average home price is currently $146,124.
In Clay City, KY, how many homes are available?
There are currently 2,030 active home listings available in Clay City.
What’s the average rental cost in Clay City, KY?
The average rental price in Clay City is $908.
What is the most expensive home in Clay City, Kentucky?
The most expensive home sold in Clay City had a price of $2,088,937.
What is currently the cheapest priced home in Clay City, KY?
The cheapest home for sale in Clay City is priced at $7,714.

Home Value Estimator For Clay City, KY

There are currently 2,030 real estate properties in Clay City, KY, with a median automated valuation model (AVM) price of $112,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Clay City, KY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Clay City, KY, is $146,124.00, with the most expensive house in Clay City, KY, topping out at $2,088,937.00 and the cheapest home in Clay City, KY, clocking in at $7,714.00. In other words, there’s something for every potential homebuyer or savvy investor in Clay City, KY!

Rent Prices In Clay City, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Clay City, KY, is on a rollercoaster ride. The average rent price in Clay City, KY, is $908.00. Indeed, when looking to rent in Clay City, KY, you can expect to pay as little as $440.00 or as much as $1,960.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Clay City, KY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Clay City, KY In 2024

Clay City is located in Powell, Kentucky, with an estimated municipal population of 1,094 residents. All of the best foreclosed homes for sale in Clay City are located in the following zip code areas on 40312. The estimated population per square kilometer (.62 miles) in Clay City is 398.

Diversity And Demographics In Clay City, Kentucky

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Clay City, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Clay City is 36, split between 46.2 percent male versus 53.8 female. The percentage of residents who report being married in Clay City is 27.1, with an average family size of 2.56.

The percentage of residents who report their race in Clay City is as follows:

White 96.6%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 3.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Clay City? Or maybe you are searching for 55+ active adult communities in and/or near Clay City?

The percentage of residents who report their age in Clay City is as follows:

Under 10 13.8%
Aged 10-19 12.6%
20s 13.2%
30s 17.2%
40s 9.5%
50s 10.5%
60s 13.5%
70s 7.8%
80+ 2.1%

Best Schools In Clay City, Kentucky

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Clay City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Clay City.

Pros And Cons Of Living In Clay City, Kentucky

How do you know that living in -- or moving to -- Clay City is right where you need to be? Perhaps you grew up in Clay City or already live nearby; therefore, the decision to buy a home in Clay City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Clay City for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Clay City:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Clay City.

Reasons To Move To Clay City, Kentucky, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Clay City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Clay City, meanwhile, can field multiple offers from more qualified buyers.

Clay City, KY Foreclosures


Listing types in Clay City, KY

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