Venice housing market: the numbers
| Month | Typical Venice home value | Change on prior year |
|---|---|---|
| August 2026 | $377,200 | −3.9% |
| August 2025 | $392,400 | −11.4% |
| August 2024 | $442,700 | −6.0% |
| August 2023 | $470,800 | −2.8% |
| August 2022 | $484,400 | +35.2% |
| August 2021 | $358,200 | +25.6% |
| August 2020 | $285,200 | +4.0% |
| August 2019 | $274,100 | +0.5% |
| August 2018 | $272,700 | +3.1% |
| August 2017 | $264,600 | +3.1% |
| August 2016 | $256,500 | n/a |
Zillow Home Value Index (all homes, smoothed, seasonally adjusted) and Zillow metro market data for the North Port–Sarasota metro. Metro figures cover the wider region.
What is the Venice housing market doing right now?
Prices are falling slowly and rents are flat. Venice's typical value fell 3.9% in the year to August 2026, faster than Sarasota (2.7%) and the metro (3.1%). Zillow's typical rent rose 0.5% to $2,147. Metro inventory was 18% lower than a year earlier, and homes went under contract a little faster, so the market is less one-sided for buyers than it was in 2025. The figures in the grid above that are marked as metro cover the whole North Port-Sarasota-Bradenton area, not Venice alone.
What the ten-year trend shows
2016 to 2020: slow, steady gains
The typical value rose from $256,541 in August 2016 to $285,198 in August 2020, gains of 0.5% to 4.0% a year.
2020 to 2022: the surge
Values jumped 25.6% in the year to August 2021 and 35.2% in the year to August 2022, reaching $484,405. That is a 70% rise in two years.
2022 to 2026: four years of declines
Values slipped 2.8% in 2023, 6.0% in 2024, 11.4% in 2025 and 3.9% in 2026. The largest fall came in the year that included Hurricanes Helene and Milton. Today's $377,207 is still 47% above 2016 and 5.3% above five years ago, so long-term owners have kept most of their gains, while a home bought at the typical 2022 value is worth less today.
Sale speed, price cuts and inventory across the metro
Zillow reports these measures for the North Port-Sarasota-Bradenton metro, which includes Venice.
Days to pending
Homes took about 91 days on average to go under contract in August 2026, down from 97 a year earlier. That is roughly three months, so plan your move or your carrying costs around it.
Sale-to-list ratio
Homes sold for about 95.8% of their final list price in July 2026, up from 95.1% a year earlier. On a $400,000 list price that is about $16,900 below asking on average.
Price cuts
24.9% of listings had a price cut in August 2026, down from 27.2%. Sellers are pricing a little closer to the market, but one in four still overshoots.
Inventory
There were 8,868 listings in August 2026 against 10,844 a year earlier, down 18%. Falling supply is the main reason the decline has slowed.
Median sale price
The metro median sale price was $421,000 in July 2026, up from $401,167 a year earlier. A rising median can sit beside a falling typical value when more higher-priced homes close.
How prices differ by ZIP code and neighborhood
By ZIP code
The three Venice ZIPs sit close together: 34292 at $394,439 (down 4.5%), 34285 at $373,503 (down 4.7%) and 34293 at $364,664 (down 3.4%). Most of 34285 is inside city limits, while most of 34292 and 34293 is unincorporated Sarasota County with a lower tax rate, which matters when you compare homes at the same price. The Venice hub explains how to check.
By Zillow neighborhood
| Neighborhood | Typical value, Aug 2026 | 1-year change |
|---|---|---|
| The Island | $514,173 | -3.7% |
| Northeast Venice | $499,810 | -4.8% |
| Pinebrook | $280,429 | -6.1% |
| East Venice Ave | $278,571 | -8.7% |
| Gateway/ Waterway | $216,417 | -3.7% |
The two higher-priced neighborhoods held up better than Pinebrook and East Venice Ave, where values fell 6.1% and 8.7%. Gateway/Waterway, the lowest-priced, fell the same 3.7% as The Island.
Condos, single-family homes and new builds
Condos and townhouses
Florida Realtors counted 522 townhouse and condo closings in the metro in August 2026, up 16.8% on the year, at a median of $309,225, up 4.1%. Sales are recovering, but older buildings carry milestone inspection and reserve costs, so read the association's latest reports first. Our milestone inspection guide explains them.
Single-family homes
Metro single-family closings reached 11,467 in 2026 through August, up 7.2%, according to Florida Realtors. More closings with softer prices usually means buyers are active but price-sensitive.
New construction
Sarasota County permitted 4,283 single-family homes in 2025 across all its jurisdictions, including North Port and Venice. M/I Homes lists homes at Vistera of Venice, off Laurel Road, from $479,990. New homes with builder incentives compete directly with resales, so compare both. See our Sarasota new construction guide.
What is driving demand in Venice
Population is still growing
The Census Bureau estimated the City of Venice at 30,477 residents in July 2025, up from 25,473 at the 2020 base, about 19.6% growth, and up 2.0% in the latest year. North Port next door grew from 75,009 to 96,551 over the same period. Growth has not stopped prices falling.
Most homes are owner-occupied
About 80% of occupied homes in the city were owner-occupied in the Census Bureau's 2020 to 2024 survey, higher than 77% across Sarasota County.
Local pay trails local prices
The Bureau of Labor Statistics put the metro's median annual wage at $47,440 in May 2025, and the metro unemployment rate was 5.0% in July 2026 (preliminary). The typical Venice home costs about eight times that median wage, which limits how far prices can climb on local pay alone.
Rent vs buy
At 7.03%, principal and interest on the typical home with 10% down is about $2,265 a month, against typical rent of $2,147. Add tax and insurance and owning costs more each month, so buying makes more sense the longer you stay.
Venice vs the rest of Sarasota County
| Market | Typical value, Aug 2026 | 1-year change | 5-year change |
|---|---|---|---|
| Venice | $377,207 | -3.9% | +5.3% |
| Sarasota | $409,878 | -2.7% | +13.5% |
| Nokomis | $493,756 | -3.3% | +10.6% |
| North Port | $301,967 | -3.5% | +5.7% |
| Englewood | $322,204 | -4.6% | -0.7% |
| Sarasota County | $396,714 | -2.9% | +9.4% |
Venice sits below the county's typical value and has gained less over five years than Sarasota or Nokomis. For the county to the south, see the Port Charlotte housing market.
What is the hottest housing market in Florida?
No official ranking exists, but Zillow's August 2026 data shows the Florida metros where values still rose: Wauchula led with 2.0%, then Pensacola at 1.4% and Tallahassee and Key West at 1.1%. Statewide the typical value fell 1.5%.
Where are housing prices dropping in Florida?
Mostly on the southwest coast. Charlotte County (down 4.9%) and Lee County (down 4.4%) had the largest county declines in Zillow's August 2026 data, and Manatee County (down 3.4%) was in the weakest five. Sarasota County fell 2.9%. Our Florida housing market guide has the full list.
Is now a good time to buy a house in Venice?
Is Venice, Florida a good place to buy a home?
It depends on your budget and time frame, not on timing the bottom. You are buying 22% below the 2022 peak, with about a quarter of listings cutting prices and homes sitting about three months, so you have negotiating room. Against that, the 7.03% rate puts principal and interest on the typical home at about $2,265 a month with 10% down, slightly above the typical rent of $2,147, and insurance adds more. If you plan to stay five years or more and can carry the full monthly cost, the current market favors careful buyers. Our Venice cost of living guide has the full budget, and our statewide timing guide covers Florida as a whole.
Is now a good time to sell a house in Venice?
If you need to sell, the market is workable but not forgiving. Inventory is down 18% and homes are going pending faster than a year ago, which helps. But buyers are comparing you with new homes and with the one in four listings that have cut prices. Price from the last few months of closed sales, have your roof, wind mitigation and storm-repair paperwork ready, and work out your net with our seller net proceeds calculator before you list.
Outlook: what to watch in the Venice market
We do not forecast prices. These are the sourced factors most likely to move Venice values.
Mortgage rates
Freddie Mac's 30-year average was 7.03% in the week of September 24, 2026. A meaningful drop would bring more buyers back.
The November 2026 property tax vote
Amendment 3 would raise the non-school homestead exemption and halve the yearly cap on non-homestead assessments, from 10% to 5%, if 60% of voters approve. Either result changes the cost of owning in Venice.
Insurance and hurricane season
Milton's 2024 landfall just north of Venice brought the worst surge, 6 to 9 feet, from Venice to Boca Grande. Premiums, repair records and each new season will keep shaping what buyers will pay, especially near the water.
Common questions
Are home prices dropping in Venice, Florida?+
Yes. Zillow's typical Venice home value was $377,207 in August 2026, down 3.9% on the year and the fourth yearly fall in a row. It is about 22% below the August 2022 peak of $484,405, though still 5.3% higher than five years earlier.
How long does it take to sell a house in Venice?+
Across the North Port-Sarasota-Bradenton metro, homes took about 91 days on average to go under contract in August 2026, down from 97 a year earlier. Homes priced in line with recent sales tend to move faster than that average.
Is Venice a buyer's or seller's market?+
It leans toward buyers. Metro homes sell for about 95.8% of list price, take about 91 days on average to go pending, and 24.9% of listings had a price cut in August 2026. Inventory is down 18% on the year, so conditions are less one-sided than in 2025.
What is the median home price in Venice, FL?+
Zillow's typical Venice home value, a mid-tier measure, was $377,207 in August 2026. The metro median sale price, which covers North Port, Sarasota and Bradenton, was $421,000 in July 2026. The three Venice ZIPs ranged from $364,664 in 34293 to $394,439 in 34292.
Is Venice cheaper than Sarasota?+
Yes. Venice's typical value of $377,207 was about $32,700 below Sarasota's $409,878 in August 2026, and typical rent was $2,147 against $2,175. Venice has also fallen faster, down 3.9% on the year against 2.7% in Sarasota.
Which Venice neighborhood has the highest home values?+
Among the five Venice neighborhoods Zillow tracks, The Island had the highest typical value in August 2026 at $514,173, followed by Northeast Venice at $499,810. Gateway/Waterway had the lowest at $216,417.
Sources
- Zillow Research: ZHVI, inventory, days to pending, sale-to-list and price cuts (August 2026)
- Freddie Mac: Primary Mortgage Market Survey
- Florida Realtors: August 2026 metro summary
- US Census Bureau: Building Permits Survey, counties 2025
- US Census Bureau: 2020 ZCTA to place relationship file
- M/I Homes: Vistera of Venice
- National Hurricane Center: Hurricane Milton report
- Florida Department of State: 2026 constitutional amendments booklet
- US Census Bureau: city and town population estimates, Vintage 2025
- Census Reporter: ACS 2020-2024, City of Venice
- Census Reporter: ACS 2020-2024, Sarasota County
- BLS: OEWS May 2025, North Port-Sarasota-Bradenton MSA
- BLS: LAUS, North Port-Sarasota-Bradenton metro unemployment rate