Is Venice, CA 90291 a buyer’s or seller’s market?

The Venice housing market right now

In the three months ending August 31, 2026, 28% of homes in Venice, CA 90291 sold above their list price, the typical home went under contract in 55 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 94 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 16%, homes sold faster (60 days then) and the median sale price held steady to $2,099,092. Overall, Venice is more competitive than a year ago, so tougher for buyers.

Within Los Angeles County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell less often over asking than in 72%. On our competition score, Venice ranks #900 of 1,069 CA ZIP codes with enough sales (score 40 out of 100).

Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) and Burbank 91502 (86% sold over asking) are even more competitive.