Quantcast

West Cleveland News

Sunday, November 17, 2024

The first half of 2021: Home prices in Bay Village increased

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the first half of 2021 in Bay Village rose by $28,500 while total sales increased by 5.2%, according to BlockShopper.com.

From January through June of 2021, there were 122 homes sold, with a median sale price of $277,000 - a 11.5% increase over the $248,500 median sale price for the same period of the previous year. There were 116 homes sold in Bay Village in the first half of 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 the first half of 2021.

The following table compares Bay Village to other Cuyahoga County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Solon15613515.6%$322,500$305,0005.7%
Valley View8633.3%$320,875$237,50035.1%
Beachwood935957.6%$315,000$330,000-4.5%
Bratenahl2023-13%$297,500$168,00077.1%
Brecksville1077739%$280,000$270,0003.7%
Bay Village1221165.2%$277,000$248,50011.5%
Rocky River15512821.1%$275,000$263,5004.4%
Highland Heights644930.6%$270,000$240,00012.5%
Independence35329.4%$268,000$191,90039.7%
Westlake22119314.5%$265,000$244,0008.6%
Mayfield22214.8%$265,000$215,70022.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS