In December 2020, there were 20 homes sold, with a median sale price of $199,651 - a 21.9% decrease over the $255,500 median sale price for the same period of the previous year. There were 22 homes sold in Bay Village in December 2019.
The median sales tax in Bay Village for the most recent year with available data, 2019, was $7,100, approximately 3.6% of the median home sale price for December 2020.
The following table compares Bay Village to other Cuyahoga County cities with similar median sale prices in December 2020:
| City | Dec. 2020 Home Sales | Dec. 2019 Home Sales | % change (Total Home Sales) | Dec. 2020 Median Sales Price | Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Shaker Heights | 44 | 33 | 33.3% | $235,000 | $180,000 | 30.6% |
| Seven Hills | 16 | 12 | 33.3% | $229,500 | $162,950 | 40.8% |
| Westlake | 27 | 13 | 107.7% | $224,000 | $156,000 | 43.6% |
| Mayfield | 6 | 0 | - | $217,000 | $0 | - |
| Broadview Heights | 27 | 9 | 200% | $210,000 | $167,500 | 25.4% |
| Bay Village | 20 | 22 | -9.1% | $199,651 | $255,500 | -21.9% |
| Middleburg Heights | 22 | 15 | 46.7% | $195,000 | $150,000 | 30% |
| Olmsted Township | 12 | 2 | 500% | $193,450 | $279,000 | -30.7% |
| Fairview Park | 34 | 23 | 47.8% | $185,500 | $150,000 | 23.7% |
| North Olmsted | 40 | 23 | 73.9% | $173,500 | $130,000 | 33.5% |
| Richmond Heights | 11 | 10 | 10% | $173,500 | $140,500 | 23.5% |
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