Market Snapshot
| Indicator | Value |
|---|---|
| Population | 11,391 ↑ 2.7% since 2020 |
| Median Household Income | $53,645 28% below national median |
| Median Home Value | $263,300 |
| Unemployment Rate | 4.2% |
| Median Age | 54.5 years |
| Housing Vacancy Rate | 32.0% |
| Median Price/Acre (All Land) | $1,711 |
| Total Recent Sales | 101 transactions |
| Active Listings | 46 properties |
| Avg Days on Market | 539 days |
Rural Land Market (1+ Acres)
| Metric | Value |
|---|---|
| Median Price/Acre | $1,621 |
| Recent Sales | 95 transactions |
| Avg Days on Market | 542 days |
| Avg Parcel Size | 59.90 acres |
| Active Listings | 43 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 2.73 | $270,000 | $98,901 | Manchester |
| Feb 2026 | 24.00 | $31,000 | $1,292 | Manchester |
| Feb 2026 | 39.00 | $75,000 | $1,923 | Manchester |
| Feb 2026 | 7.49 | $20,000 | $2,670 | Manchester |
| Feb 2026 | 25.00 | $80,000 | $3,200 | Manchester |
| Feb 2026 | 11.06 | $40,000 | $3,617 | Manchester |
| Feb 2026 | 47.00 | $72,000 | $1,532 | Oneida |
| Feb 2026 | 2.00 | $24,000 | $12,000 | Manchester |
| Dec 2025 | 38.00 | $65,000 | $1,711 | Oneida |
| Dec 2025 | 38.47 | $38,000 | $988 | Manchester |
Suburban/Urban Land Market (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Price/Acre | $14,482 |
| Recent Sales | 6 transactions |
| Avg Days on Market | 500 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 3 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Jan 2026 | 0.34 | $4,000 | $11,765 | Manchester |
| Apr 2025 | 0.98 | $10,000 | $10,204 | Manchester |
| Mar 2025 | 0.37 | $6,000 | $16,216 | Manchester |
| Oct 2024 | 0.06 | $10,000 | $166,667 | Manchester |
| Jun 2024 | 0.62 | $12,000 | $19,355 | Manchester |
| Mar 2023 | 0.35 | $4,500 | $12,748 | Manchester |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 20,105 |
| Population (2020) | 20,345 |
| Population Growth | -1.18% |
| Median Household Income | $39,607 |
| Median Home Value | $87,300 |
| Total Housing Units | 8,642 |
| Vacant Housing Units | 1,464 |
| Housing Vacancy Rate | 16.9% |
| Median Age | 40.6 |
| Bachelor's Degree or Higher | 1,086 (5.4%) |
| Unemployment Rate | 4.2% |
Market Overview
Clay County, Kentucky has a population of 20,105, which has declined 1.18% since 2020. The median household income is $39,607, below the national median of $74,580 by 46.9%. The housing vacancy rate of 16.9% suggests soft market conditions. Clay County remains a key area for land acquisition in Kentucky. Recent rural land sales show a median price of $1,621 per acre, with properties averaging 59.90 acres. There are currently 46 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Clay County, Kentucky?
As of the 2023 American Community Survey, Clay County has a population of 20,105. The county has declined 1.18% since the 2020 Census.
What is the median household income in Clay County?
The median household income in Clay County is $39,607, which is 46.9% below the national median of $74,580.
Is Clay County growing or shrinking?
Clay County is shrinking. The population has declined 1.18% since 2020.
What is the housing market like in Clay County?
The median home value in Clay County is $87,300. The housing vacancy rate is 16.9%, which suggests soft market conditions. The unemployment rate is 4.2%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $1,621 per acre. Suburban/urban lots under 1 acre have a median price of $14,482 per acre.
Does Reelvest buy land in Clay County, Kentucky?
Yes! Reelvest Properties buys vacant land throughout Kentucky, 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.