Is Venice, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Venice was a Seller's Market.
Key Takeaway
Venice is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Venice, FL
How much do homes in Venice, FL cost?
Median Sold Price
$472,141
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Venice have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Venice was $472,141 in April 2024, up 0.6% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $238K | $220K | -7.6% |
| 2 Bedrooms | $386K | $379.1K | -1.8% |
| 3 Bedrooms | $559.7K | $554.8K | -0.9% |
| 4 Bedrooms | $713.1K | $700K | -1.8% |
| 5+ Bedrooms | $850K | $867.5K | +2.1% |
Summary: Venice housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 2.1%.
Median Sold Price Compared To Nearby Cities
| Venice | $469.1K | $472.1K | +0.6% |
| Nokomis | $593.3K | $564.4K | -4.9% |
Housing Supply in Venice, FL
How many homes are available in Venice, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,913 | 1,884 | -1.5% |
Summary: The Venice real estate market had 1,884 homes for sale in April 2024, a 1.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 33 | 38 | +15.2% |
| 2 Bedrooms | 894 | 866 | -3.1% |
| 3 Bedrooms | 796 | 784 | -1.5% |
| 4 Bedrooms | 172 | 174 | +1.2% |
| 5+ Bedrooms | 18 | 22 | +22.2% |
Summary: The Venice housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.2%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 296 | 291 | -1.7% |
Asking Price vs. Sold Price
235 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Venice, you may be able to get a good deal. 80.8% of homes here sold below asking price last month.
Summary: A total of 291 homes were sold or pending in Venice in April 2024, down by 1.7% month-over-month. Of the 291 sold homes, 81% were sold under asking, 15% were sold at asking, and 4% were sold over asking.
Days on Market for Venice, FL
How long does it take to sell a home in Venice, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 63 Days | +81.8% |
Summary: Homes in Venice had an average of 63 days on market in Apr 2024, up by 81.8% compared to last year.
Breakdown of Home Sale Times
125 Homes Were Sold
Under 30 Days
100 Homes Were Sold
In 30 - 90 Days
66 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Venice are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 291 homes were sold in Venice; 43% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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