The housing market in Venice, IL (zip code 62090) has a median value of $62,100. This is significantly lower than the US House Median Value of $338,100 and the 1 year House Appreciation is 8.27%, which is also much lower than the US average. In fact, in Venice, IL the house 1 year appreciation rate is 7.96%. This area offers great potential for those looking to invest in real estate as it typically appreciates at a healthy rate compared to other areas in the country.
The median home cost in Venice (zip 62090) is $62,100. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Venice (zip 62090) is up 10.0%.
Average Age of Homes
- The median age of Venice (zip 62090) real estate is 52 years old
The Rental Market in Venice (zip 62090)
- Renters make up 40.4% of the Venice (zip 62090) population
- 2.5% of houses and apartments in Venice (zip 62090), 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.