The typical owner-occupied home in Clay Springs is worth about $195,100, 51% below the Arizona median of $394,500 and 41% below the national median of $332,700. 100% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Clay Springs at a glance
| Clay Springs | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $195,100 | $394,500 | $332,700 |
| Median property tax paid per year | – | $1,879 | $3,119 |
| Median household income | – | $79,964 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 0% | 62% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,803 | $1,963 |
| Median rent | – | $1,543 | $1,413 |
| Median year homes were built | 1985 | 1992 | 1980 |
| Vacant homes | 21.9% | 10.5% | 10.1% |
| Population | 338 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Clay Springs
At this week's average 30-year rate of 7.11%, buying the median Clay Springs home of $195,100 with 20% down costs about $1,310 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,635, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $56,147 for the 20%-down payment.
| Down payment | $39,020 |
|---|---|
| Loan amount | $156,080 |
| Principal and interest | $1,050 |
| Property taxes (1.10% a year) | $179 |
| Homeowners insurance (our estimate, 0.5% a year) | $81 |
| PMI | $0 |
| Total per month | $1,310 |
Change the numbers in the calculator
| Down payment | $6,828 |
|---|---|
| Loan amount | $191,566 |
| Principal and interest | $1,289 |
| Property taxes (1.10% a year) | $179 |
| Homeowners insurance (our estimate, 0.5% a year) | $81 |
| FHA mortgage insurance | $86 |
| Total per month | $1,635 |
Change the numbers in the calculator
Questions about home buying in Clay Springs
What is the median home value in Clay Springs?
About $195,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Clay Springs?
For the median home with 20% down at 7.11%, the payment is about $1,310 a month. Keeping that under 28% of gross income takes about $56,147 a year.
More about Clay Springs
- Mortgage Refinance in Clay Springs
- Debt Relief in Clay Springs
- Home Equity Loans in Clay Springs
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data