Clay Center, NE68933

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$175,000
0.2% YoY Growth
Median Household Income
$81,800
43.2% 5-Year Growth
Days on Market
108
61.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$525
0.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$525
0.0% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Clay Center, NE

As of Oct '25, Realtor.com reports that the median days on market for a home in Clay Center, NE is 108. This is a increase of 61.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$261,00087.0%
Listing Count
6-19.0%
Listings as % of Homes0.7%-19.0%
Days on Market
10861.0%
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Demographics — Clay Center, NE

As of the latest ACS Survey released in 2023, Clay Center, NE has a population of 860, which has decreased by -4.2% over the past 5 years. Clay Center, NE is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
860-4.2%
% Under 18
24.0%9.6%
% Seniors
20.2%6.9%
% WFH
4.6%130.0%
% w/ College Degree
21.8%6.9%
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As of the latest ACS Survey released in 2023, Clay Center, NE is a predominantly white area, with 90.2% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Clay Center, NE is hispanic, making up 4.8% of the population. Foreign-born residents account for 2.1% of the population in Clay Center, NE, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
90.2%-4.9%
% Black
1.2%500.0%
% Hispanic
4.8%166.7%
% Asian
0.1%∞%
% Foreign Born
2.1%200.0%
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Mortgage and Risk — Clay Center, NE

According to HUD data as of 2023, there were 46 mortgage originations in Clay Center, NE, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Clay Center, NE. Investor activity is low, as 11.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
46
% Conventional Loans
72.0%
% Government Loans
28.0%
% Investor Loans
11.0%
% Second Loans
0.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — Clay Center, NE

Clay Center, NE lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
26
Total Units Section 8
0
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$730
2 Bedroom$385$525$910
3 BedroomN/AN/A$1,090
4 BedroomN/AN/A$1,270

Affordability — Clay Center, NE

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.9
Median Home Price$175,000
Median Household Income$81,800

Clay Center, NE — ZIP Code Boundary Map

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Frequently Asked Questions