Venetia, PA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Venetia, PA Housing Market Trends

With 11,987 people, 2,112 houses or apartments, and a median cost of homes of $313,119, 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 94.73% of Venetia's homes, and 78.21% 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 ( 30.01%). A lesser amount of the housing stock also hails from between 1940-1969 ( 26.76%). There's also some housing in Venetia built before 1939 ( 5.84%).

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 2.14% during the period.

NeighborhoodScout's data show that during the latest twelve months, Venetia's appreciation rate, at 5.87%, has been at or slightly above the national average. In the latest quarter, Venetia's appreciation rate has been 2.49%, which annualizes to a rate of 10.34%.

Relative to Pennsylvania, our data show that Venetia's latest annual appreciation rate is higher than 50% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$313,119

Venetia Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
59.43% 2.25%
3
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,818 / per month

Homeownership Rate

Owners
94.7%
94.7%
Renters
5.3%
5.3%
Vacant
2.1%
2.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
30.0%
30.0%
1970 - 1999
37.4%
37.4%
1940 - 1969
26.8%
26.8%
1939 or Older
5.8%
5.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
91.7%
91.7%
Townhomes
7.4%
7.4%
Small Apt. Buildings
0.5%
0.5%
Apt. Complexes
0.3%
0.3%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
1.4%
1.4%
2 Bedrooms
5.1%
5.1%
3 Bedrooms
32.0%
32.0%
4 Bedrooms
46.2%
46.2%
5 or more bedrooms
15.3%
15.3%
0.0% 100.0%
% OF HOMES