$250,000
477 Cahoon Rd
Bay Village, OH
0 sqft0
Land13,939 sqft lot
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Sarah Mitchell
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Compass Real Estate · Bay Village, OH
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Bay Village, OH(512) 555-0184TX License #0512847
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Bay Village, OH Housing Market
Strong seller's market+3.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Bay Village, OH is worth $426,195, rose 3.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $396,500, +2.3% year over year (through May 2026). With 1.8 months of supply and homes going under contract in about 12 days, Bay Village is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $426,195 home is about $2,275/mo in principal and interest.
Key numbers for Bay Village, OH
Typical home value
$426,195
+3.5% in 12 months
Zillow, August 2026
Median sale price
$396,500
+2.3% year over year
Redfin, through May 2026
Days on market
12
Fast-moving
Redfin, through May 2026
Active listings
30
1.8 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$122,083
Home costs 3.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
101.0%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Bay Village a buyer's or seller's market?
Strong seller's market1.8 months of supply12 days on market101.0% of asking
Bay Village, OH is a strong seller's market, based on 1.8 months of supply and homes selling in about 12 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Bay Village housing market data show?
Every row below is Redfin's final published month for Bay Village, OH. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $396,500 |
| Median list price | $437,500 |
| Year-over-year price change | +2.3% |
| Median price per sq ft | $261/sq ft |
| Median days on market | 12 days |
| Active inventory | 30 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 101.0% |
| Homes sold (that month) | 17 |
| New listings (that month) | 32 |
| Listings with a price cut | 23.3% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Bay Village is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Bay Village is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Bay Village home prices moved?
Over the last three years the median sale price in Bay Village, OH rose 7.5%, from $369,000 to $396,500. The live Zillow value series has rose 3.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 23.3% of Bay Village listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.8 months while the sale-to-list ratio slips below its current 101.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Bay Village?
Priced off the typical home value of $426,195 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $85,239 | $340,956 | $2,275/mo |
| 5% | $21,310 | $404,885 | $2,702/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,275, that implies roughly $97,511 a year before you add taxes and insurance. The median household in Bay Village earns $122,083, about $24,572 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.5x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Bay Village in the next 12 months?
Tell us your timeline. We send the Bay Village market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Bay Village?
Zillow does not publish a rent index (ZORI) for Bay Village, OH, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Bay Village?
Active listings in Bay Village, OH went from 23 in May 2025 to 30 in May 2026, a +30.4% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 25 | 31 |
| July 2025 | 29 | 27 |
| August 2025 | 25 | 22 |
| September 2025 | 27 | 23 |
| October 2025 | 36 | 25 |
| November 2025 | 26 | 15 |
| December 2025 | 24 | 15 |
| January 2026 | 22 | 7 |
| February 2026 | 22 | 13 |
| March 2026 | 17 | 17 |
| April 2026 | 22 | 17 |
| May 2026 | 30 | 32 |
Redfin, through May 2026
How does Bay Village compare to Ohio and the U.S.?
Bay Village homes sell for $396,500 — 40% above the Ohio median of $282,600. Against the national median of $410,700, Bay Village runs 3% lower. Year-over-year, Bay Village moved +2.3% against Ohio's +5.4% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Bay Village, OH | $396,500 | +2.3% | 12 days |
| Ohio statewide | $282,600 | +5.4% | 36 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Bay Village
What buyers should watch
- Months of supply, currently 1.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 23.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $427 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $426,195 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Bay Village listing goes under contract in 12 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 101.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Bay Village added 32 new listings against 17 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +3.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Bay Village varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Bay Village
There are currently 30 homes listed for sale in Bay Village, Ohio. The median listing price is $438K. Featured listings range from $250,000 to $1,750,000.
$250,000
479 Cahoon Rd
Bay Village, OH
0 sqft0
Land12,632 sqft lot
View photos & details
$274,900
455 Vineland Rd
Bay Village, OH
2 bd1 ba1,064 sqft$258/ft²
House7,841 sqft lot
View photos & details
$324,900
24024 E Oakland Rd
Bay Village, OH
3 bd2 ba2,105 sqft$154/ft²
House10,001 sqft lot
View photos & details
$450,000
24535 Lake Rd
Bay Village, OH
3 bd2 ba2,025 sqft$222/ft²
House8,712 sqft lot
View photos & details
$460,000
29925 Winsor Dr
Bay Village, OH
3 bd3 ba2,904 sqft$158/ft²
House23,649 sqft lot
View photos & details
$469,900
26620 Midland Rd
Bay Village, OH
3 bd3 ba1,872 sqft$251/ft²
House7,802 sqft lot
View photos & details
$475,000
30513 Ednil Dr
Bay Village, OH
4 bd2 ba3,362 sqft$141/ft²
House18,077 sqft lot
View photos & details
$599,000
24827 Lake Rd
Bay Village, OH
4 bd2 ba3,117 sqft$192/ft²
House11,718 sqft lot
View photos & details
$699,000
31002 Arlington Cir
Bay Village, OH
4 bd3 ba3,183 sqft$220/ft²
House14,810 sqft lot
View photos & details
$749,900
30009 Ednil Dr
Bay Village, OH
4 bd3 ba3,321 sqft$226/ft²
House15,725 sqft lot
View photos & details
$1,750,000
626 Yarmouth Ln
Bay Village, OH
6 bd6 ba5,700 sqft$307/ft²
House19,550 sqft lot
View photos & details
Looking to buy in Bay Village?
Get connected with a local real estate expert — free, no obligation.
Active listings
30
Homes on market
Median list price
$438K
Avg. days on market
12
Days until sale
New this week
32
Newly listed
Price drops:23.3%of listings
Sale-to-list:101.0%
How much do homes cost in Bay Village by property type?
How the Bay Village, OH market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $396,500 | $261/sq ft | 17 | 12 days |
| Condo / co-op | $262,000 | $244/sq ft | 1 | 104 days |
Who lives in Bay Village?
American Community Survey estimates for Bay Village. U.S. Census ACS, 2023
Population
15,992
Households
6,104
Median income
$122,083/yr
Median age
43.3 years
Owner-occupied
91.3%
Median home value
$332,500
Median gross rent
$889/mo
Mean commute
24 min
91.3% of occupied homes in Bay Village are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $332,500 against Zillow's $426,195 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Bay Village?
5 schools tracked · 2,375 students
The largest public schools serving Bay Village, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Bay High School
Grades 9-12 · 759 students
Bay Middle School
Grades 5-8 · 701 students
Normandy Elementary School
Grades K-2 · 498 students
Westerly Elementary School
Grades 3-4 · 362 students
Glenview Center for Childcare and Learning
Grades PK · 55 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Bay Village, OH?
Ordered by distance from Bay Village, not by size. Compare Bay Village side by side with any of them.
Bay Village housing market FAQ
Is Bay Village a buyer's or seller's market?
Bay Village, OH is currently a strong seller's market. That read comes from 1.8 months of supply, homes going under contract in about 12 days, and sellers getting 101.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Bay Village?
The typical home in Bay Village, OH is worth $426,195 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $396,500, about $261 per square foot.
Is Bay Village cheaper than the rest of Ohio?
Bay Village's median sale price of $396,500 is 40% higher than the Ohio statewide median of $282,600, and 3% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Bay Village?
Homes in Bay Village, OH spent a median of 12 days on market before going under contract, versus 36 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Bay Village?
At the current 30-year fixed rate of 7.03%, 20% down on a $426,195 home is about $2,275 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $97,511 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $122,083.
Are home prices rising in Bay Village?
The typical home value in Bay Village, OH rose 3.5% over the last 12 months, from $411,971 to $426,195 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Bay Village?
Bay Village ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Bay Village?
That depends on your timeline, not on a headline. What the data says today: Bay Village, OH is a strong seller's market with 1.8 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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