Clay City, IN Real Estate

According to census data in the year 2000 there were 477 housing units in Clay City. This represents a 5.8% growth from 451 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 477 were located in what is classified as a rural area.

Homeownership rate in Clay City is about 76%. Clay City's vacancy rate, including seasonal lodging, is about 7.3%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Clay City were built after 1949.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.90%
Two Bedrooms37.90%
Three Bedrooms38.20%
Four Bedrooms9.40%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1940
Median Value of occupied units$58,500
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1973
Median Monthly Rent asked for vacant units$238

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.90%
Home Equity Loan4.80%
Simple Mortgage38.60%
Debt Free49.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%