In May 2021, there were 18 homes sold, with a median sale price of $254,750 - a 5.1% increase over the $242,450 median sale price for the same period of the previous year. There were 22 homes sold in Bay Village in May 2020.
The median sales tax in Bay Village for the most recent year with available data, 2019, was $7,100, approximately 2.8% of the median home sale price for May 2021.
The following table compares Bay Village to other Cuyahoga County cities with similar median sale prices in May 2021:
| City | May 2021 Home Sales | May 2020 Home Sales | % change (Total Home Sales) | May 2021 Median Sales Price | May 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Strongsville | 43 | 44 | -2.3% | $283,000 | $212,000 | 33.5% |
| Mayfield | 4 | 4 | 0% | $275,500 | $262,500 | 5% |
| Independence | 4 | 6 | -33.3% | $270,000 | $294,000 | -8.2% |
| Olmsted Township | 10 | 10 | 0% | $258,000 | $157,250 | 64.1% |
| Olmsted Falls | 10 | 12 | -16.7% | $256,250 | $162,250 | 57.9% |
| Bay Village | 18 | 22 | -18.2% | $254,750 | $242,450 | 5.1% |
| North Royalton | 23 | 34 | -32.4% | $250,000 | $188,356 | 32.7% |
| Lakewood | 58 | 52 | 11.5% | $239,750 | $203,500 | 17.8% |
| Fairview Park | 14 | 23 | -39.1% | $232,500 | $177,000 | 31.4% |
| Brecksville | 15 | 10 | 50% | $230,000 | $229,950 | 0% |
| Seven Hills | 10 | 26 | -61.5% | $228,150 | $204,750 | 11.4% |
Alerts Sign-up