Housing in Venice, NY is on the rise with a median value of $163,400 and a 1 year appreciation of 10.61%. This is higher than the US median house value of $338,100 and the US 1 year house appreciation of 8.27%. This rapid appreciation shows that housing in Venice, NY is experiencing an increase in demand due to its desirable location near New York City. With housing prices being more attainable than other parts of the US, Venice is quickly becoming one of the most desirable places to live and invest in.
The median home cost in Venice is $163,400. Home appreciation the last 10 years has been 64.1%. Home Appreciation in Venice is up 16.2%.
Average Age of Homes
- The median age of Venice real estate is 78 years old
The Rental Market in Venice
- Renters make up 16.4% of the Venice population
- 3.0% of houses and apartments in Venice, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.