Venice, Los Angeles, CA—90291
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Venice, Los Angeles, CA
As of Oct '25, the median home price in Venice, Los Angeles, CA is $1,859,000, with a year-over-year change of -5.5%. This indicates that home prices in Venice, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,859,000 | -5.5% |
| Single Family | $1,960,000 | -4.6% |
| Condos | $1,174,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $1,152,000 | -6.5% |
2 Bed | $1,586,000 | -5.0% |
3 Bed | $2,048,000 | -3.9% |
4 Bed | $2,719,000 | -3.2% |
| 5 Bed | $3,279,000 | -2.3% |
% of Housing Stock
Rental Trends — Venice, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Venice, Los Angeles, CA is $4,440, with a year-over-year rent change of -9.4%. Per bedroom, the median rent as of July '25 in Venice, Los Angeles, CA is studios: $2,390, 1-bedrooms: $3,670, 2-bedrooms: $5,320, 3-bedrooms: $7,650, 4-bedrooms: $9,100. The most common rental property sizes in Venice, Los Angeles, CA are 1-bedroom and 2-bedroom, accounting for 41.1% and 29.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,800 | $4,440 |
| Studio Rent | $2,400 | $2,390 |
| 1 Bed Rent | $3,200 | $3,670 |
| 2 Bed Rent | $5,200 | $5,320 |
| 3 Bed Rent | $7,500 | $7,650 |
| 4 Bed Rent | $8,900 | $9,100 |
% of Rental Stock
Property Listings — Venice, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Venice, Los Angeles, CA is 51. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,770,000 | 8.0% |
Listing Count | 129 | -9.0% |
| Listings as % of Homes | 0.5% | -9.0% |
Days on Market | 51 | 5.0% |
Demographics — Venice, Los Angeles, CA
As of the latest ACS Survey released in 2023, Venice, Los Angeles, CA has a population of 25,700, which has decreased by -6.5% over the past 5 years. Venice, Los Angeles, CA is a less popular place for families, as children make up 11.9% of the population. The area has a highly educated workforce, with 71.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 42.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,700 | -6.5% |
% Under 18 | 11.9% | -13.1% |
% Seniors | 13.9% | 3.7% |
% WFH | 42.7% | 223.5% |
% w/ College Degree | 71.8% | 9.8% |
As of the latest ACS Survey released in 2023, Venice, Los Angeles, CA is a predominantly white area, with 67.5% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Venice, Los Angeles, CA is hispanic, making up 14.3% of the population. Foreign-born residents account for 20.8% of the population in Venice, Los Angeles, CA, and this percentage has increased by 14.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.5% | -0.9% |
% Black | 5.7% | 0.0% |
% Hispanic | 14.3% | -24.7% |
% Asian | 5.8% | 87.1% |
% Foreign Born | 20.8% | 14.3% |
Mortgage and Risk — Venice, Los Angeles, CA
According to HUD data as of 2023, there were 232 mortgage originations in Venice, Los Angeles, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Venice, Los Angeles, CA. Investor activity is low, as 7.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 232 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 7.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Venice, Los Angeles, CA
As of 2024, the percent of homes in Venice, Los Angeles, CA under the Section 8 program is 4.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Venice, Los Angeles, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 523 |
Total Units Section 8 | 458 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 92.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$80 | $3,200 | $3,120 |
| 2 Bedroom | -$1,260 | $5,200 | $3,940 |
| 3 Bedroom | -$2,490 | $7,500 | $5,010 |
| 4 Bedroom | -$3,350 | $8,900 | $5,550 |
Affordability — Venice, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 17.4 |
| Median Home Price | $1,859,000 |
| Median Household Income | $119,000 |