Clay, WV—25043
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Clay, WV
Home Price Trends — Clay, WV
As of Oct '25, the median home price in Clay, WV is $105,000, with a year-over-year change of -5.8%. This indicates that home prices in Clay, WV are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $105,000 | -5.8% |
| Single Family | $105,000 | -5.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $127,000 | -1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Clay, WV
Clay, WV lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Clay, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Clay, WV is 47. This is a increase of 148.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $154,000 | 104.0% |
Listing Count | 8 | 320.0% |
| Listings as % of Homes | 0.4% | 320.0% |
Days on Market | 47 | 148.0% |
Demographics — Clay, WV
As of the latest ACS Survey released in 2023, Clay, WV has a population of 1,450, which has increased by 3.9% over the past 5 years. Clay, WV is a popular place for families, as children make up 33.1% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,450 | 3.9% |
% Under 18 | 33.1% | 23.0% |
% Seniors | 11.7% | -36.8% |
% WFH | 0.5% | -37.5% |
% w/ College Degree | 15.5% | 32.5% |
As of the latest ACS Survey released in 2023, Clay, WV is a predominantly white area, with 99.2% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Clay, WV is hispanic, making up 0.3% of the population. Foreign-born residents account for 0.1% of the population in Clay, WV, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 99.2% | -0.7% |
% Black | 0.1% | ∞% |
% Hispanic | 0.3% | 200.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | ∞% |
Mortgage and Risk — Clay, WV
According to HUD data as of 2023, there were 56 mortgage originations in Clay, WV, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Clay, WV. Investor activity is low, as 7.0% of loans were by investors. 27.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 56 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 7.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 27.0% |
Loan Activity
Rentals and Section 8 — Clay, WV
Clay, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | N/A | N/A | $1,200 |
Affordability — Clay, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $105,000 |
| Median Household Income | N/A |