Venice, IL—62090
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Venice, IL
Venice, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Venice, IL
Venice, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Venice, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Venice, IL is 7. This is a decrease of -91.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $125,000 | 570.0% |
Listing Count | 1 | 0.0% |
| Listings as % of Homes | N/A | 0.0% |
Days on Market | 7 | -91.0% |
Demographics — Venice, IL
As of the latest ACS Survey released in 2023, Venice, IL has a population of 1,020, which has decreased by -21.5% over the past 5 years. Venice, IL is a moderately popular place for families, as children make up 16.7% of the population. The area has a poorly educated workforce, with 10.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,020 | -21.5% |
% Under 18 | 16.7% | -53.6% |
% Seniors | 20.9% | 29.0% |
% WFH | 2.0% | 185.7% |
% w/ College Degree | 10.3% | 35.5% |
As of the latest ACS Survey released in 2023, Venice, IL is a predominantly black area, with 81.0% of the population identifying as black. The black population has shrunk by 13.2% in the last 5 years. The second most common race or ethnicity in Venice, IL is white, making up 6.2% of the population. Foreign-born residents account for 0.0% of the population in Venice, IL, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 6.2% | 106.7% |
% Black | 81.0% | -13.2% |
% Hispanic | 2.7% | 3.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Venice, IL
According to HUD data as of 2023, there were 3 mortgage originations in Venice, IL, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Venice, IL. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 3 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Venice, IL
Venice, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 161 |
Total Units Section 8 | 156 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 88.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Venice, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $38,300 |