In February 2021, there were 11 homes sold, with a median sale price of $237,000 - a 27% increase over the $186,682 median sale price for the same period of the previous year. There were 14 homes sold in Bay Village in February 2020.
The median sales tax in Bay Village for the most recent year with available data, 2019, was $7,100, approximately 3% of the median home sale price for February 2021.
The following table compares Bay Village to other Cuyahoga County cities with similar median sale prices in February 2021:
| City | Feb. 2021 Home Sales | Feb. 2020 Home Sales | % change (Total Home Sales) | Feb. 2021 Median Sales Price | Feb. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Independence | 6 | 6 | 0% | $261,550 | $296,250 | -11.7% |
| Brecksville | 14 | 11 | 27.3% | $260,000 | $285,000 | -8.8% |
| Brooklyn Heights | 2 | 0 | - | $260,000 | $0 | - |
| Walton Hills | 4 | 1 | 300% | $245,000 | $160,000 | 53.1% |
| Olmsted Township | 7 | 5 | 40% | $239,900 | $179,900 | 33.4% |
| Bay Village | 11 | 14 | -21.4% | $237,000 | $186,682 | 27% |
| Seven Hills | 11 | 12 | -8.3% | $231,000 | $175,000 | 32% |
| Highland Heights | 13 | 8 | 62.5% | $228,500 | $250,000 | -8.6% |
| Strongsville | 36 | 30 | 20% | $222,612.50 | $204,250 | 9% |
| Beachwood | 5 | 10 | -50% | $200,000 | $304,000 | -34.2% |
| University Heights | 20 | 16 | 25% | $188,300 | $144,250 | 30.5% |
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