Is Venice, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Venice is a neutral's market

Buyer's
Market

Difference Since March 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

$469,748

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$824(+0.2%)

Key Takeaway

The sold price of homes in Venice has remained the same since last year.

Summary: The median home sold price in Venice was $469,748 in March 2024, up 0.2% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $250K$220K
-12.0%
2 $385.7K$379.9K
-1.5%
3 $568.8K$551K
-3.1%
4 $720K$680K
-5.6%
5+ $880K$885K
+0.6%

Summary: Venice housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Cities

Venice
0.2%
Nokomis
-5.2%

Housing Supply in Venice, FL

How many homes are available in Venice, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,8861,959+3.9%

Summary: The Venice real estate market had 1,959 homes for sale in March 2024, a 3.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 3640
+11.1%
2 877918
+4.7%
3 782807
+3.2%
4 168172
+2.4%
5+ 2322
-4.3%

Summary: The Venice housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 4.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
222291+31.1%

Asking Price vs. Sold Price

227 Homes Were Sold
Under Asking

53 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Venice, you may be able to get a good deal. 78% of homes here sold below asking price last month.

Summary: A total of 291 homes were sold or pending in Venice in March 2024, up by 31.1% month-over-month. Of the 291 sold homes, 78% were sold under asking, 18% 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

Mar 2023Mar 2024CHANGE
38 Days58 Days+50.9%

Summary: Homes in Venice had an average of 58 days on market in Mar 2024, up by 50.9% compared to last year.

Breakdown of Home Sale Times

134 Homes Were Sold
Under 30 Days

80 Homes Were Sold
In 30 - 90 Days

77 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Venice are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 291 homes were sold in Venice; 46% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Venice, FL

Nearby Markets to Venice, FL

What housing markets are near Venice, FL?