fbpx

Venice Beach

Located between Santa Monica and Marina del Ray, Venice Beach is a beachfront neighborhood in Los Angeles, California. It’s named after the famous city in Italy because of its canals. Known as a haven for creative types, you might describe Venice as free-spirited with a diverse culture, funky shops, street performers, and colorful murals.

Boasting a population of over 35,000, Venice is also known for its grungy Boardwalk, which is an iconic L.A. attraction. But there’s so much more to see beyond the Boardwalk, from foodie hot spots to stylish boutiques that are sure to give you a taste of the eclectic culture.

Ranking as one of the priciest zip codes in the U.S., Venice, CA incorporates a mix of both urban and suburban vibes, giving residents the best of both worlds. With plenty of bars, restaurants, and coffee shops as well as parks and recreational centers, Venice appeals greatly to young professionals and entrepreneurs.

If you’re looking to buy a home in this posh and upscale neighborhood in L.A., it’s important to know about the local housing market, which we’ll go over in this guide. We’ll also talk about the many amenities, top schools, best restaurants, and more.

Venice Real Estate
Market Trends

While you might see a few people buying properties in Venice, most people prefer renting in the area. In February 2022, Venice home prices were up 5.9% compared to last year. Currently, Venice, CA is a seller’s market, which means there are more people looking to buy than there are homes available.

The price of homes in Venice, CA can reach up to $3,240,000, with the median price of about $2,500,000. Home buyers are drawn to Venice because of its urban-style living, cool stores, and restaurants, making the neighborhood a highly sought-after place to call home.

Even during the pandemic, home prices in Venice have skyrocketed and are expected to climb higher. In fact, in 2020, the demand to live seaside and in retreat-styled homes surged. Many home buyers created private getaways while sheltering at home. With new inventory arriving to Venice, buyers can expect to see a rise in prices in a highly competitive market.

If you’re buying a home in Venice, you could end up paying more than the asking price. That’s because in March 2022, nearly half the homes sold in Venice sold above asking price.

With many homes selling in under 30 days, which means they’re selling pretty fast. So, if you’re looking to buy, it’s best to act quickly.

Housing Market Conditions
& Statistics in Venice, CA

In the past 365 days

$2,495,000

Median List Price

1,933 Sqft

Median Home Size

$1,328

Median $/Sqft

38

Median Days on Market

Top Rated Schools

Things to Do in Venice Beach:
Famous Destinations & Hidden Attractions

Venice Beach
Restaurants

Venice Beach
Listings

Sorry, no posts matched your criteria.

Contact Us

If you have any questions about buying or selling real estate, contact us below.