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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Venice is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Venice has remained a Seller's Market.

Key Takeaway

Venice is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Venice, FL cost?

Median Sold Price

$420,071

$289/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$78,893(+23.1%)

Key Takeaway

Homes in Venice have sold for 23.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $174.9K$221K
+26.4%
2 $259.9K$345.1K
+32.8%
3 $417K$560.7K
+34.5%
4 $635K$925K
+45.7%
5+ $1.0M$1.0M
0.0%

Median Sold Price Compared To Nearby Cities

Nokomis
+28.3%
Venice
+23.1%
Englewood
+22.6%

How many homes are available in Venice, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
203169-16.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 43
-25.0%
2 9274
-19.6%
3 8673
-15.1%
4 1918
-5.3%
5+ 21
-50.0%

Number of Homes Sold

Aug 2022Sep 2022%
5346-13.2%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

8 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. 50% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
16 Days30 Days+88.9%

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

3 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.

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

About Venice, FL

Venice, FL has 169 homes on the market. Between August 2022 and September 2022, Venice, FL real estate market has seen decrease in the number of listings by 16.7%. In September 2022 median list price was $420,071 and the average listing age was 30 days. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties became 26.4% more expensive, 2 bedrooms properties became 32.8% more expensive, prices of 3 bedrooms properties increased by 34.5%, the cost of 4 bedrooms properties went up by 45.7%, prices of 5 bedrooms properties stayed the same. Volume of homes for sale changed: number of 1 bedroom homes decreased by 25%, the quantity of 2 bedrooms homes went down by 19.6%, number of 3 bedrooms homes decreased by 15.1%, 4 bedrooms homes inventory decreased by 5.3%, the quantity of 5 bedrooms homes went down by 50%. Over 8 listings were sold over their listed price in September 2022 in Venice, FL. In the same period over 23 listings were sold below the listed price and 15 listings were sold for the listed price.

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