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Foreclosure Homes in Bay Village, OH

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Parkside-dr-Bay-village-OH-44140
Preforeclosure
$152,575 EMV

Parkside Dr
Bay Village, OH 44140

3 Bed | 1 Bath | 1,332 Sq. Ft.

Knickerbocker-rd-Bay-village-OH-44140
Bankruptcy
$320,005 EMV

Knickerbocker Rd
Bay Village, OH 44140

Forestview-rd-Bay-village-OH-44140
Bankruptcy
$188,360 EMV

Forestview Rd
Bay Village, OH 44140

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Foreclosure Homes in Bay Village, OH

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Bay Village, OH area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Bay Village, OH and much more. Save thousands at closing with home foreclosure listings in Bay Village, OH — up to 75% off market value!


Top Reasons To Live In Bay Village, OH In 2021

Bay Village is located in Cuyahoga, Ohio, with an estimated municipal population of 15,194 residents. All of the best foreclosed homes for sale in Bay Village are located in the following zip code areas on Foreclosure.com: 44140. The estimated population per square kilometer (.62 miles) in Bay Village is 1,284.


Cost Of Living In Bay Village, OH

So, about how much do homes cost in Bay Village? The most recent median value of resident-owned homes in Bay Village is 248,078. An estimated 92.3 percent of households in Bay Village own their homes, with an average family size of 3.04. The median household income in Bay Village is 103,582, with52.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bay Village, the median commute time of resident workers (in minutes) is 25.2. And last, but certainly not least, are you looking for homes to rent in Bay Village? If so, the average rent price paid by renters in Bay Village is 1,040, according to recent statistics.


Diversity And Demographics In Bay Village, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Bay Village, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Bay Village is 43.4, split between 49.6 percent male versus 50.4 female. The percentage of residents who report being married in Bay Village is 62.7, with an average family size of 3.04.

The percentage of residents who report their race in Bay Village is as follows:

White 95.3%
Black / African American 1.4%
Asian 0.7%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.3%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near Bay Village? Or maybe you are searching for 55+ active adult communities in and/or near Bay Village?

The percentage of residents who report their age in Bay Village is as follows:

Under 10 12.8%
Aged 10-19 14.9%
20s 6.3%
30s 11.4%
40s 15.9%
50s 13.3%
60s 13.1%
70s 9%
80+ 3.1%

Best Schools In Bay Village, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Bay Village with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bay Village.


Pros And Cons Of Living In Bay Village, Ohio

How do you know that living in -- or moving to -- Bay Village is right where you need to be? Perhaps you grew up in Bay Village or already live nearby; therefore, the decision to buy a home in Bay Village is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bay Village for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Bay Village:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bay Village.


Reasons To Move To Bay Village, Ohio, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bay Village can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bay Village, meanwhile, can field multiple offers from more qualified buyers.

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