What is the median home value in Clay Township, MI?
The median value of owner-occupied homes in Clay Township, MI is $307,600 (±$22,479), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Clay Township, the median home value went from $195,900 in 2015–2019 to $307,600 in 2020–2024 (+57.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $307,600 (±$22,479)
- Owner-occupied homes
- 3,720 (±195)
- Most common range
- $300,000 to $499,999
Home values in Clay Township
| Value | Clay Township | St. Clair County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 5.8% (±2.0 points) | 6.7% | 7.6% | 5.3% |
| $50,000 to $99,999 | 3.8% (±2.2 points) | 6.9% | 9.2% | 6.1% |
| $100,000 to $149,999 | 5.9% (±2.4 points) | 12.0% | 10.6% | 6.8% |
| $150,000 to $199,999 | 9.0% (±3.2 points) | 16.9% | 14.1% | 9.0% |
| $200,000 to $299,999 | 23.9% (±4.1 points) | 26.2% | 23.4% | 17.8% |
| $300,000 to $499,999 | 38.0% (±5.1 points) | 24.7% | 24.1% | 26.9% |
| $500,000 to $999,999 | 12.5% (±3.9 points) | 5.8% | 9.2% | 20.9% |
| $1,000,000 or more | 1.1% (±0.8 points) | 0.7% | 1.6% | 7.1% |
The most common range is $300,000 to $499,999, 38.0% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Clay Township against St. Clair County, its state and the nation
| Clay Township | St. Clair County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $307,600 (±$22,479) | $224,600 (±$3,575) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 3,720 (±195) | 54,782 (±936) | 2,984,190 (±12,886) | 84,210,142 |
In Clay Township, the median home value is higher than in St. Clair County ($224,600).
It is also higher than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In St. Clair County, Clay Township ranks 6 of 29 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 209 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Clay Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $195,900 (±$17,304) | $307,600 (±$22,479) | +57.0% | Up after inflation |
| Median owner cost with a mortgage | $1,322 (±$101) | $1,661 (±$89) | +25.6% | No measurable change after inflation |
| Median real estate taxes | $2,711 (±$139) | $3,575 (±$231) | +31.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Clay Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Clay Township | — | $307,600 (±$22,479) | — |
| Algonac | 4.5 mi | $199,500 (±$23,748) | Lower |
| Ira Township | 6.3 mi | $244,200 (±$38,485) | Lower |
| Cottrellville Township | 6.5 mi | $293,900 (±$38,100) | Not measurably different |
| New Baltimore | 7.8 mi | $323,200 (±$12,223) | Not measurably different |
| Marine City | 9.4 mi | $159,800 (±$8,309) | Lower |
| Harrison Charter Township | 10 mi | $262,400 (±$16,951) | Lower |
| Chesterfield Township | 11 mi | $295,700 (±$6,439) | Not measurably different |
| Casco Township (St. Clair County) | 11 mi | $303,200 (±$22,566) | Not measurably different |
Nearby places with a measurably lower figure: Algonac, MI ($199,500), Ira Township, MI ($244,200), Marine City, MI ($159,800).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across St. Clair County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Riley Township (St. Clair County) | $348,500 (±$29,773) |
| 2 | St. Clair Township | $334,600 (±$12,680) |
| 3 | Columbus Township (St. Clair County) | $323,200 (±$43,463) |
| 4 | China Township | $322,600 (±$24,235) |
| 5 | Berlin Township (St. Clair County) | $313,100 (±$23,260) |
| 6 | Clay Township | $307,600 (±$22,479) |
| 7 | Casco Township (St. Clair County) | $303,200 (±$22,566) |
| 8 | Cottrellville Township | $293,900 (±$38,100) |
| 9 | Lynn Township | $283,300 (±$30,916) |
| 10 | East China Township | $275,900 (±$43,170) |
| 11 | Wales Township | $273,700 (±$27,182) |
| 12 | Greenwood Township (St. Clair County) | $261,100 (±$29,827) |
Showing 12 of 29 places in St. Clair County, ranked from highest to lowest.
The figures for Clay Township include the places inside it that have pages of their own: Pearl Beach.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Clay Township
What is the average home value in Clay Township, MI?
The Census Bureau publishes the median: $307,600 (±$22,479) for owner-occupied homes in Clay Township (2020–2024 American Community Survey).
Have home values in Clay Township gone up?
In Clay Township, the median home value went from $195,900 in 2015–2019 to $307,600 in 2020–2024 (+57.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Clay Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Clay township, St. Clair County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Clay township, St. Clair County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Clay township, St. Clair County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Clay township, St. Clair County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Clay township, St. Clair County, Michigan (county subdivision:16180, in state:26 county:147).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Clay Township at a glance
- Median rent in Clay Township
- Rent by bedrooms in Clay Township
- Income and affordability in Clay Township
- Homeowner costs in Clay Township
- Property taxes in Clay Township
- Types of homes in Clay Township
- Bedrooms in Clay Township
- Age of homes in Clay Township
- Heating fuel in Clay Township
- Commute and cars in Clay Township
- Population growth in Clay Township
- How long people stay in Clay Township
- Crowding and facilities in Clay Township
- Fair Market Rent in Clay Township
- Michigan landlord and tenant rules
- Housing across St. Clair County
- Michigan places ranked by median home value
- Housing data for every place in Michigan