The median sale price of a home sold in August 2021 in Bay Village fell by $70,000 while total sales decreased by 92.7%, according to BlockShopper.com.
In August 2021, there were three homes sold, with a median sale price of $220,000 - a 24.1% decrease over the $290,000 median sale price for the same period of the previous year. There were 41 homes sold in Bay Village in August 2020.
The median sales tax in Bay Village for the most recent year with available data, 2019, was $7,100, approximately 3.2% of the median home sale price for August 2021.
The following table compares Bay Village to other Cuyahoga County cities with similar median sale prices in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Fairview Park | 17 | 26 | -34.6% | $245,000 | $189,400 | 29.4% |
| Lakewood | 46 | 78 | -41% | $244,000 | $228,000 | 7% |
| Rocky River | 22 | 32 | -31.3% | $241,500 | $283,500 | -14.8% |
| Seven Hills | 14 | 24 | -41.7% | $227,500 | $187,500 | 21.3% |
| Middleburg Heights | 13 | 24 | -45.8% | $220,000 | $179,500 | 22.6% |
| Bay Village | 3 | 41 | -92.7% | $220,000 | $290,000 | -24.1% |
| Olmsted Falls | 12 | 11 | 9.1% | $215,544.50 | $140,000 | 54% |
| North Olmsted | 33 | 45 | -26.7% | $200,000 | $194,000 | 3.1% |
| Olmsted Township | 6 | 12 | -50% | $191,250 | $254,250 | -24.8% |
| Mayfield Heights | 17 | 28 | -39.3% | $189,000 | $167,250 | 13% |
| University Heights | 22 | 39 | -43.6% | $186,000 | $167,500 | 11% |
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