Clay City, IL Home Values & Market Trends
Real estate market trends reflect that there have been 5 transactions over the past year in Clay City. The median value for residential home transactions that occurred over the previous year is $87,920. The number of current listings in Clay City is 3, and the percentage of properties for sale in the city is 3.00%. Clay City, IL currently has 2 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 3 properties for sale.
Clay City, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62824 | $ 144,025 $ -- |
Housing Market Summary for Clay City, IL
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $119.9K | $0 | -100.00% |
| Median Sold Price | $107K | $98,910 | -7.56% |
| Homes For Sale | 17 | 3 | -82.35% |
| Homes Sold | 7 | 1 | -85.71% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Clay City, IL
Browse Homes in Clay City, IL
Clay City home values range from $29,281 to $200,129. The median estimated value of a home in Clay City is $87,920. The median list price of a home is 0, and the total count of properties in the city is 8.
- Pre-ForeclosurePre-foreclosure homes account for 12.50% of all residential properties in Clay City, IL with 62824 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Clay City, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $87,920 in 62824 to the lowest home value of $87,920 in 62824.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Clay City, IL ranges from the highest value of $29,281 in 62824 to the lowest value of $29,281 in 62824. Bank owned homes and properties account for 12.50% of properties in Clay City, IL. There is 1 zips within Clay City, IL; 62824 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Clay City, IL. Auction homes and other auction properties account for 0% of all properties in Clay City, IL. There is 1 zips within Clay City, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Clay City, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
