Venetia, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Venetia Neighborhoods Since 2000




Venetia, PA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Venetia Housing Market Information

With a population of 12,016, 2,045 total housing units (homes and apartments), and a median house value of $265,604, Venetia real estate is some of the most expensive in Pennsylvania, although Venetia home values aren't among America's most expensive.

Venetia is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Venetia than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Venetia. Owner-occupied housing accounts for 93.34% of Venetia's homes, and 77.72% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Venetia built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Venetia built between 1940-1969 ( 28.95%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.90%). There's also some housing in Venetia built before 1939 ( 3.85%).

Venetia Home Appreciation Rates

Appreciation rates for homes in Venetia have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.52%, which ranks in the top 30% nationwide. This equates to an annual average Venetia house appreciation rate of 1.01%.

Over the last year, Venetia appreciation rates have trailed the rest of the nation. In the last twelve months, Venetia's appreciation rate has been 0.85%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Venetia were at -0.41%, which equates to an annual appreciation rate of -1.65%.

Relative to Pennsylvania, our data show that Venetia's latest annual appreciation rate is lower than 70% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$265,604

Venetia, PA HOME PRICES

Value Range
> $1,070,000 2.0
$803,001 - $1,070,000 1.9
$535,001 - $803,000 14.3
$428,001 - $535,000 11.8
$321,001 - $428,000 23.6
$214,001 - $321,000 24.0
$107,001 - $214,000 19.2
$54,001 - $107,000 2.3
$0 - $54,000 0.9

Very High for PA
High for Nation

Value Relative to Nation Value Relative to State
20.3562639165592 10.1449275362319

Number Of Homes And Apartments:
2,045

Venetia Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
38.23% 1.89% 4 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,477 / per month

Homeownership Rate

Homeownership
Owners 93.34
Renters 6.66
Vacant 2.07

Housing Market Details

 

Age of Homes

AGE OF Venetia HOMES
2000 or Newer 22.9
1970 - 1999 44.3
1940 - 1969 29.0
1939 or Older 3.8

Types of Homes

TYPE OF Venetia HOMES
Single-Family 92.7
Townhomes 4.7
Small Apt. Buildings 0.5
Apt. Complexes 2.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Venetia HOMES
No Bedroom 0.00
1 Bedroom 1.48
2 Bedrooms 6.99
3 Bedrooms 27.51
4 Bedrooms 50.22
5 or more bedrooms 13.80