New - 2 days on Rocket
$10,000 Closing Credit¹
#5103058, Jodi A Consolo, Listing Office: McDowell Homes Real Estate Services
Bay Village Housing Market Report February 2025•Cuyahoga County, Ohio
Housing Prices in Bay Village, OH
How much do homes in Bay Village, OH cost?
Housing Market Conditions
Is Bay Village, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Bay Village is a Seller's Market
Difference Since February 2024
Since last year, Bay Village has remained a Seller's Market.
Insight
Bay Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$400,000$188/SqFt
+$20,000
+5.3%
Based on all homes sold in the last 12 months
Insight
Homes in Bay Village have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Bay Village was $400,000 in February 2025, up 5.3% from last year, and the median price per square foot was $188.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Bay Village | $380K | $400K | +5.3% |
| Rocky River | $358.1K | $363.5K | +1.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $181K | - | N/A |
| 22 Bedrooms | $330K | $299K | -9.4% |
| 33 Bedrooms | $320K | $335.5K | +4.8% |
| 44 Bedrooms | $490K | $507.5K | +3.6% |
| 55+ Bedrooms | $585K | $666.5K | +13.9% |
Summary: Bay Village housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -9.4%. The home price for 3 bedroom homes increased by +4.8%. The home price for 4 bedroom homes increased by +3.6%. The home price for 5 bedroom homes increased by +13.9%.
Housing supply in Bay Village, OH
How many homes are available in Bay Village, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 50Last MonthFeb 2025 | ||
| 472 months agoJan 2025 | +6.4 % Change MoMJan – Feb |
Summary: The Bay Village real estate market had 50 homes for sale in Feb 2025, a 6.4 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthFeb 2025 | ||
| 152 months agoJan 2025 | +6.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 25 | 30 | +20.0% |
| 44 Bedrooms | 14 | 15 | +7.1% |
| 55+ Bedrooms | 4 | 2 | -50.0% |
Summary: Bay Village housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes increased by +7.1%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Bay Village, OH cost?
Over Asking Price8 Homes
At Asking Price3 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in Bay Village, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Bay Village in February 2025, up by 6.7% month-over-month. Of the 16 sold homes, 31% were sold under asking, 19% were sold at asking, and and 50% were sold over asking.
Days on Market for Bay Village, OH
How long does it take to sell a home in Bay Village, OH?
Breakdown of Home Sale Times
Under 30 Days14 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in Bay Village are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 16 homes were sold in Bay Village; 88% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 19 DaysThis YearFeb 2025 | ||
| 38 Days1 year agoFeb 2024 | -50.0 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Bay Village had an average listing age of 19 days in Feb 2025, down by 50.0% compared to the previous year.
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Newest Listings in Bay Village, OH
What homes are available in Bay Village, OH?
New - 3 days on Rocket
$4,738 Closing Credit¹
#5102439, James P Matheos, Listing Office: Keller Williams Citywide
Backup offers
$3,503 Closing Credit¹
#5100708, Dorit Sade, Listing Office: Berkshire Hathaway HomeServices Professional Realty
$6,174 Closing Credit¹
#5101102, Michael Atkinson, Listing Office: RE/MAX Real Estate Group
$3,384 Closing Credit¹
#5100985, Allie Carr, Listing Office: Berkshire Hathaway HomeServices Professional Realty
Backup offers
$6,530 Closing Credit¹
#5099751, Michael L Anter, Listing Office: JAMM Real Estate Co.
$10,000 Closing Credit¹
#5095028, Darren T Mancuso, Listing Office: EXP Realty, LLC.
$10,000 Closing Credit¹
#5095023, Darren T Mancuso, Listing Office: EXP Realty, LLC.
$5,580 Closing Credit¹
#5085006, Thomas Garuccio, Listing Office: Real of Ohio
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 03/01/2023 - 03/01/2025
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 11:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.