Market Snapshot

Report generated March 2026

IndicatorValue
Population11,391
↑ 2.7% since 2020
Median Household Income$53,645
28% below national median
Median Home Value$263,300
Unemployment Rate4.2%
Median Age54.5 years
Housing Vacancy Rate32.0%
Total Land Sales (Past 12 Months)31 transactions
Active Listings24 properties
Avg Days on Market548 days

Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)

MetricValue
Median Price/Acre$9,478
Recent Sales25 transactions
Avg Days on Market548 days
Avg Parcel Size25.30 acres
Active Listings16 properties

Recent Rural Land Sales

DateAcresPrice$/AcreLocation
Mar 2026New2.08$43,000$20,673Brazil
Mar 2026New1.60$25,000$15,625Brazil
Feb 202626.60$265,900$9,996Clay City
Jan 202622.88$182,000$7,955Jasonville
Sep 202536.40$345,000$9,478Brazil
Aug 2025122.63$1,000,000$8,155Poland
Aug 202544.00$300,000$6,818Brazil
Mar 202518.29$120,000$6,561Jasonville

Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Dec 2025)

MetricValue
Median Lot Price$10,500
Recent Sales6 transactions
Avg Days on Market544 days
Avg Parcel Size0.30 acres
Active Listings8 properties

Recent Suburban/Urban Land Sales

DateAcresPriceLocation
Dec 20250.50$14,000Bowling Green
Sep 20250.26$7,000Brazil

County Profile

DemographicValue
Total Population (2023)26,431
Population (2020)26,466
Population Growth-0.13%
Median Household Income$67,676
Median Home Value$128,900
Total Housing Units11,648
Vacant Housing Units1,107
Housing Vacancy Rate9.5%
Median Age41.2
Bachelor's Degree or Higher2,168 (8.2%)
Unemployment Rate4.2%

Market Overview

Clay County, Indiana has a population of 26,431, which has declined 0.13% since 2020. The median household income is $67,676, below the national median of $74,580 by 9.3%. The housing vacancy rate of 9.5% suggests balanced market conditions. The county's location in Indiana makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $9,478 per acre, with properties averaging 25.30 acres. There are currently 24 active land listings in the county.

Frequently Asked Questions

What is the current population of Clay County, Indiana?
As of the 2023 American Community Survey, Clay County has a population of 26,431. The county has declined 0.13% since the 2020 Census.
What is the median household income in Clay County?
The median household income in Clay County is $67,676, which is 9.3% below the national median of $74,580.
Is Clay County growing or shrinking?
Clay County is shrinking. The population has declined 0.13% since 2020.
What is the housing market like in Clay County?
The median home value in Clay County is $128,900. The housing vacancy rate is 9.5%, which suggests balanced market conditions. The unemployment rate is 4.2%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $9,478 per acre. Suburban/urban lots under 1 acre have a median lot price of $10,500.
Does Reelvest buy land in Clay County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Clay County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.