Venetia PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



map preview
Please wait, loading your map...

Highest
Lowest




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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Venetia Housing Market Information

With 11,994 people, 2,073 houses or apartments, and a median cost of homes of $294,111, 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 93.51% of Venetia's homes, and 80.82% 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 2000 and later ( 28.07%). A lesser amount of the housing stock also hails from between 1940-1969 ( 26.74%). There's also some housing in Venetia built before 1939 ( 4.61%).

Venetia Home Appreciation Rates

Real estate appreciation rates in Venetia's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 1.72% during the period.

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 4.52%, 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 0.92%, which equates to an annual appreciation rate of 3.71%.

Relative to Pennsylvania, our data show that Venetia's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$294,111

Venetia Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
52.28% 2.10%
3
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,722 / per month

Homeownership Rate

Homeownership
Owners 93.51
Renters 6.49
Vacant 2.03

Housing Market Details

 

Age of Homes

AGE OF Venetia HOMES
2000 or Newer 28.1
1970 - 1999 40.6
1940 - 1969 26.7
1939 or Older 4.6

Types of Homes

TYPE OF Venetia HOMES
Single-Family 92.8
Townhomes 6.1
Small Apt. Buildings 0.8
Apt. Complexes 0.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Venetia HOMES
No Bedroom 0.00
1 Bedroom 1.28
2 Bedrooms 6.07
3 Bedrooms 29.59
4 Bedrooms 51.22
5 or more bedrooms 11.84