Saturday, November 11, 2006

Housing Report for Clay County, Minnesota

Clay County recorded median owner-occupied home value in the year 2000 of $85,400, according to the Decennial Census. This median is less than the Minnesota 2000 median owner-occupied dwelling value of $122,400 and less than median home value of $119,600 across the nation during that year.

According to the data, there is a large amount of real estate that is affordable in Clay County, Minnesota. In 2000, 81.9 percent of residential real estate was valued under $125,000.

Clay County is made up of a small, but present percentage of homes that are high in price. In 2000, the Decennial Census reported that 0.2 percent of the homes were valued over $500,000.

In Clay County, the U.S. Census Bureau, Population Division accounted for a total of 21,891 homes in the year 2005. This county has gone through a growth in housing units, adding in all 1,884 homes since 2001, or 9.4 percent.

Throughout the State of Minnesota, Clay County ranks 19 of 87 by percent in growth of new residential structures. The county places 335 of 3,141, when comparing thee change in housing structures in counties throughout the nation.



Data Source: U.S. Census Bureau

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