Is Venice, IL 62090 a buyer’s or seller’s market?
Venice is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Venice housing market right now
In the three months ending August 31, 2026, 0% of homes in Venice, IL 62090 sold above their list price, the typical home went under contract in 25 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Within Madison County, homes here sell faster than in 96% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Saint Jacob 62281 (80% sold over asking) and Cottage Hills 62018 (63% sold over asking) are even more competitive.
Run the numbers for 62090
Nearby markets
Alhambra 62001Seller’s market $118 /sq ftAlton 62002Seller’s market $107 /sq ftBethalto 62010Seller’s market $141 /sq ftCollinsville 62234Seller’s market $127 /sq ft Browse all markets →Towns like Venice nearby
Find towns like Venice in other states →Where Venice is
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Questions about Venice real estate
Is Venice a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Venice, IL 62090 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Venice?
The typical home went under contract in 25 days in the latest three months.
Do homes in Venice sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Venice?
About 1.92% of a home’s value a year in Madison County, or roughly $7,680 on a $400,000 home.
What is the median home price in Venice?
The median sale price was $89,861 in the three months ending August 31, 2026, about $49 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology