In May 2017, there were 32 homes sold, with a median sale price of $192,500 - a 22.4% decrease over the $247,950 median sale price for the same period of the previous year. There were 16 homes sold in Bay Village in May 2016.
The median sales tax in Bay Village for the most recent year with available data, 2016, was $6,699, approximately 3.5% of the median home sale price for May 2017.
The following table compares Bay Village to other Cuyahoga County cities with similar median sales prices in May 2017:
| City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Valley View | 1 | 0 | - | $259,900 | $0 | - |
| Broadview Heights | 17 | 8 | 112.5% | $247,000 | $241,500 | 2.3% |
| Highland Heights | 13 | 7 | 85.7% | $240,000 | $300,000 | -20% |
| Rocky River | 32 | 12 | 166.7% | $215,000 | $258,500 | -16.8% |
| Strongsville | 63 | 38 | 65.8% | $195,000 | $182,500 | 6.8% |
| Bay Village | 32 | 16 | 100% | $192,500 | $247,950 | -22.4% |
| Independence | 10 | 5 | 100% | $191,999.50 | $163,500 | 17.4% |
| Westlake | 54 | 14 | 285.7% | $180,000 | $217,500 | -17.2% |
| Shaker Heights | 37 | 27 | 37% | $175,000 | $187,500 | -6.7% |
| Olmsted Township | 18 | 1 | 1700% | $174,950 | $119,000 | 47% |
| Mayfield | 3 | 3 | 0% | $170,000 | $225,000 | -24.4% |
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