Bay Village

Situated along Lake Erie in Cuyahoga County, this small lakefront community of roughly 16,000 residents carries a median household income of $122,083 and an owner-occupancy rate of 91.3%, reflecting a stable, predominantly residential ownership base. The current market is tight, with only 16 active listings available, which puts upward pressure on pricing. The median home price sits at $565,500, with buyers paying approximately $313 per square foot for homes that average 2,783 square feet — a size profile suggesting substantial single-family housing stock. Bay Village City School District serves as the primary district and is a consistent draw for buyers with school-age children. The combination of limited inventory, high income levels, and strong owner-occupancy suggests a market where homes tend to hold value well and competition among buyers can be significant when desirable properties become available.

Market description generated from current MLS and U.S. Census data.