
477 Cahoon Rd
Bay Village, OH
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Featured local agent — Bay Village, OH
Compass Real Estate · Bay Village, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Housing market overview · Updated monthly ·
$396,500median sale price
The median home sale price in Bay Village, OH is $396,500, up 2.3% year-over-year. Homes sell in an average of 12 days with 30 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Bay Village, OH is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
12
Fast-moving
Active listings
30
1.8 months supply
Sale-to-list
101.0%
Above asking
| Metric | Value |
|---|---|
| Median sale price | $396,500 |
| Median list price | $437,500 |
| Year-over-year price change | +2.3% |
| Average days on market | 12 days |
| Active inventory | 30 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 101.0% |
| Median price per sq ft | $261/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 32 |
| Listings with a price cut | 23.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How the Bay Village, OH market breaks down across single-family homes, condos, and townhouses.
| 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 |
Source: Redfin · Updated monthly
The Bay Village housing market is currently classified as a strong seller's market with a median sale price of $396,500. Prices have risen 2.3% compared to last year, with homes spending an average of 12 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
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.

Bay Village, OH

Bay Village, OH

Bay Village, OH

Bay Village, OH

Bay Village, OH

Bay Village, OH

Bay Village, OH

Bay Village, OH

Bay Village, OH

Bay Village, OH

Bay Village, OH

Bay Village, OH
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Active listings
30
Homes on market
Median list price
$438K
Avg. days on market
12
Days until sale
New this week
32
Newly listed
Population
15,992
Median income
$122,083/yr
Median age
43.3 years
Owner-occupied
91.3%
College grads
66.4%
Avg commute
24 min
Source: U.S. Census Bureau ACS
Zillow home value
$432,142
Zillow rent index
$2,436/mo
Price-to-rent ratio
14.8x
Price-to-income
3.5x
Source: Zillow Research
Bay Village is a community of approximately 16K residents with a median age of 43.3 years.The median household income is $122,083, which reflects a relatively affluent area with strong earning potential. 66.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 91.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 24 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bay Village offers a balanced lifestyle with accessible home values relative to local income levels.
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.
Want a head-to-head view? Compare Bay Village side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Bay Village, the price-to-rent ratio of 14.8x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 2.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Bay Village's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Bay Village's median home price.
The median home sale price in Bay Village is $396,500, up 2.3% from last year.
Homes typically spend 12 days on market before going under contract.
The median household income is $122,083 per year.
With 1.8 months of supply, Bay Village is currently a strong seller's market.
There are currently 30 homes listed for sale in Bay Village, OH.
The Zillow Home Value Index (ZHVI) for Bay Village is $432,142, representing the typical home value in the area.
The median condo/co-op sale price in Bay Village, OH is $262,000, compared to $396,500 for a single-family home, based on the latest Redfin data.
The median single-family home price in Bay Village, OH is $396,500 (about $261 per square foot).
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