Bay Village home prices fell in August 2021

Medium realestate5

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

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:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Fairview Park1726-34.6%$245,000$189,40029.4%
Rocky River2232-31.3%$241,500$283,500-14.8%
Seven Hills1424-41.7%$227,500$187,50021.3%
Middleburg Heights1324-45.8%$220,000$179,50022.6%
Bay Village341-92.7%$220,000$290,000-24.1%
Olmsted Falls12119.1%$215,544.50$140,00054%
North Olmsted3345-26.7%$200,000$194,0003.1%
Olmsted Township612-50%$191,250$254,250-24.8%
Mayfield Heights1728-39.3%$189,000$167,25013%
University Heights2239-43.6%$186,000$167,50011%

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