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Sunday, November 17, 2024

Bay Village median home prices rose by 31.7% in June 2021

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The median sale price of a home sold in June 2021 in Bay Village rose by $66,500 while total sales increased by 17.4%, according to BlockShopper.com.

In June 2021, there were 27 homes sold, with a median sale price of $276,000 - a 31.7% increase over the $209,500 median sale price for the same period of the previous year. There were 23 homes sold in Bay Village in June 2020.

The median sales tax in Bay Village for the most recent year with available data, 2019, was $7,100, approximately 2.6% of the median home sale price for June 2021.

The following table compares Bay Village to other Cuyahoga County cities with similar median sale prices in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Independence37-57.1%$320,000$179,00078.8%
Strongsville45442.3%$304,900$240,50026.8%
Broadview Heights34326.3%$297,500$235,00026.6%
Mayfield35-40%$280,000$175,00060%
Shaker Heights676011.7%$278,750$240,00016.1%
Bay Village272317.4%$276,000$209,50031.7%
Olmsted Township910-10%$276,000$239,45015.3%
Walton Hills3250%$260,000$204,95026.9%
Lakewood7588-14.8%$245,000$207,00018.4%
Fairview Park2935-17.1%$235,000$197,50019%
North Royalton2536-30.6%$232,000$189,00022.8%

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