Venice Home Prices & Values

$1,327,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 14.4% 1-year change
  • 6.5% 1-year forecast

Market Temperature: ColdWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Venice is $1,327,200. Venice home values have gone up 14.4% over the past year and Zillow predicts they will rise 6.5% within the next year. The median list price per square foot in Venice is $794, which is higher than the Los Angeles average of $371. The median price of homes currently listed in Venice is $1,299,900 while the median price of homes that sold is $1,266,250.

Foreclosures will be a factor impacting home values in the next several years. In Venice 1.0 homes are foreclosed (per 10,000). This is lower than the Los Angeles value of 2.2 and also lower than the national value of 4.3

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Relative ZHVI
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Venice Market Overview

Data through Aug 31, 2014
  • $1,327,200 ZHVI
  • 6.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $1,299,900 Median listing price
  • $1,266,250 Median sale price
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Venice Market Health

Data through Aug 31, 2014
  • 9.6/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

1 home Venice
2.2 homes Los Angeles
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Cheviot Hills $1,510,000 West Los Angeles $1,040,800 Mar Vista $1,007,500
Westchester $828,100 Palms $793,700 Del Rey $760,800
Sawtelle $700,600 Playa Vista $696,300 Playa Del Rey $669,300

Listings & Sales

Data through Aug 31, 2014
  • $794 Median list price / sq ft
  • $796 Median sale price / sq ft
  • 32.1% Listings with price cut
12.7%
Sold below listing
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Venice Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$4,395 Venice
$2,429 Los Angeles
$1,328 United States
  • 1.4 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No data Rent list price
  • $3.23 Rent list price / sq ft
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