4
$59,900
21290 W Engle Dr Lots 12 & 13
Venetian Village, IL 60046
Land14,810 sqft lot
Jamie Santos · Stellar Results Realty
View photos & details
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Compass Real Estate · Venetian Village, IL
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Venetian Village, IL Housing Market
Strong seller's market+137.5% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly
The last median sale price Redfin published was $285,000, +137.5% year over year (through May 2026). With 1.6 months of supply and homes going under contract in about 47 days, Venetian Village is a strong seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $285,000 home is about $1,465/mo in principal and interest.
Key numbers for Venetian Village, IL
Median sale price
$285,000
+137.5% year over year
Redfin, through May 2026
Days on market
47
Average pace
Redfin, through May 2026
Active listings
8
1.6 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$91,786
Home costs 3.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
103.5%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Venetian Village a buyer's or seller's market?
Strong seller's market1.6 months of supply47 days on market103.5% of asking
Venetian Village, IL is a strong seller's market, based on 1.6 months of supply and homes selling in about 47 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Venetian Village housing market data show?
Every row below is Redfin's final published month for Venetian Village, IL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $285,000 |
| Median list price | $210,000 |
| Year-over-year price change | +137.5% |
| Median price per sq ft | $267/sq ft |
| Median days on market | 47 days |
| Active inventory | 8 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 103.5% |
| Homes sold (that month) | 5 |
| New listings (that month) | 4 |
| Listings with a price cut | 12.5% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Venetian Village is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Venetian Village is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Venetian Village home prices moved?
Over the last three years the median sale price in Venetian Village, IL rose 15.4%, from $246,900 to $285,000. 12.5% of Venetian Village listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.6 months while the sale-to-list ratio slips below its current 103.5%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Venetian Village?
Priced off the median sale price of $285,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $57,000 | $228,000 | $1,465/mo |
| 5% | $14,250 | $270,750 | $1,740/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,465, that implies roughly $62,794 a year before you add taxes and insurance. The median household in Venetian Village earns $91,786, about $28,992 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.1x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Venetian Village in the next 12 months?
Tell us your timeline. We send the Venetian Village market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Venetian Village?
Zillow does not publish a rent index (ZORI) for Venetian Village, IL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Venetian Village?
Active listings in Venetian Village, IL went from 7 in May 2025 to 8 in May 2026, a +14.3% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 12 | 7 |
| July 2025 | 13 | 5 |
| August 2025 | 11 | 3 |
| September 2025 | 11 | 7 |
| October 2025 | 9 | 2 |
| November 2025 | 7 | 2 |
| December 2025 | 5 | 2 |
| January 2026 | 5 | 3 |
| February 2026 | 5 | 3 |
| March 2026 | 8 | 7 |
| April 2026 | 9 | 5 |
| May 2026 | 8 | 4 |
Redfin, through May 2026
How does Venetian Village compare to Illinois and the U.S.?
Venetian Village homes sell for $285,000 — 16% below the Illinois median of $337,900. Against the national median of $410,700, Venetian Village runs 31% lower. Year-over-year, Venetian Village moved +137.5% against Illinois's +5.9% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Venetian Village, IL | $285,000 | +137.5% | 47 days |
| Illinois statewide | $337,900 | +5.9% | 43 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Venetian Village
What buyers should watch
- Months of supply, currently 1.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 12.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $275 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $285,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Venetian Village listing goes under contract in 47 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 103.5% of asking. Price at the number you want and let competition do the rest.
- In the last published month Venetian Village added 4 new listings against 5 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Venetian Village varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Venetian Village
There are currently 8 homes listed for sale in Venetian Village, Illinois. The median listing price is $210K. Featured listings range from $59,900 to $350,000.
New Listing
20
$194,900
37130 N Parma Ave
Venetian Village, IL 60046
2 bd1 ba800 sqft$244/ft²
House13,939 sqft lot
Shawn Strach · Dream Real Estate, Inc.
View photos & details
New Listing
17
$215,000
37252 N Parma Ave
Venetian Village, IL 60046
3 bd1 ba825 sqft$261/ft²
House10,019 sqft lot
Kaleigh Walsh · @properties Christie's International Real Estate
View photos & details
New Listing
23
$230,000
36912 N Lawrence Dr
Venetian Village, IL 60046
3 bd1 ba962 sqft$239/ft²
House8,102 sqft lot
Yolanda Miller · Baird & Warner
View photos & details
25
$235,000
21535 W Sarah Dr
Venetian Village, IL 60046
2 bd1 ba910 sqft$258/ft²
House
Barbara Noote · Compass
View photos & details
New Listing
16
$280,000
36812 N Helen Dr
Venetian Village, IL 60046
3 bd1 ba1,056 sqft$265/ft²
House15,682 sqft lot
Alan Gould · Coldwell Banker Realty
View photos & details
29
$289,000
21437 W Engle Dr
Venetian Village, IL 60046
3 bd1 ba1,056 sqft$274/ft²
House7,501 sqft lot
Kim Czaplicki · RE/MAX Plaza
View photos & details
Price Drop −$500
21
$307,000
21339 W Morton Dr
Venetian Village, IL 60046
4 bd2 ba1,384 sqft$222/ft²
House13,504 sqft lot
Charles Jackson · HomeSmart Connect LLC
View photos & details
40
$329,900
37544 N Columbus Ave
Venetian Village, IL 60046
4 bd2 ba1,474 sqft$224/ft²
House
Harris Ali · Sky High Real Estate Inc.
View photos & details
19
$345,000
21564 W Sarah Dr
Venetian Village, IL 60046
2 bd3 ba2,320 sqft$149/ft²
House
Mariyana Hilco · Keller Williams North Shore West
View photos & details
32
$349,000
37058 N Parma Ave
Venetian Village, IL 60046
3 bd2 ba1,600 sqft$218/ft²
House
Robert Linke · Village Realty
View photos & details
26
$350,000
37211 N Sistina Ave
Venetian Village, IL 60046
4 bd4 ba2,102 sqft$167/ft²
House23,087 sqft lot
Grazyna Przybysz · Chicago Area Realty Inc
View photos & details
Looking to buy in Venetian Village?
Get connected with a local real estate expert — free, no obligation.
Active listings
8
Homes on market
Median list price
$210K
Avg. days on market
47
Days until sale
New this week
4
Newly listed
Price drops:12.5%of listings
Sale-to-list:103.5%
How much do homes cost in Venetian Village by property type?
How the Venetian Village, IL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $285,000 | $267/sq ft | 5 | 47 days |
Who lives in Venetian Village?
American Community Survey estimates for Venetian Village. U.S. Census ACS, 2023
Population
2,704
Households
978
Median income
$91,786/yr
Median age
37.5 years
Owner-occupied
86.1%
Median home value
$216,900
Median gross rent
$1,609/mo
Mean commute
33.1 min
86.1% of occupied homes in Venetian Village are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Venetian Village, IL?
Ordered by distance from Venetian Village, not by size. Compare Venetian Village side by side with any of them.
Which ZIP codes are in Venetian Village?
These are the ZIP codes we see on active Venetian Village listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Venetian Village housing market FAQ
Is Venetian Village a buyer's or seller's market?
Venetian Village, IL is currently a strong seller's market. That read comes from 1.6 months of supply, homes going under contract in about 47 days, and sellers getting 103.5% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Venetian Village?
The median sale price in the last month Redfin published was $285,000, about $267 per square foot.
Is Venetian Village cheaper than the rest of Illinois?
Venetian Village's median sale price of $285,000 is 16% lower than the Illinois statewide median of $337,900, and 31% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Venetian Village?
Homes in Venetian Village, IL spent a median of 47 days on market before going under contract, versus 43 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Venetian Village?
At the current 30-year fixed rate of 6.66%, 20% down on a $285,000 home is about $1,465 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $62,794 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $91,786.
Are home prices rising in Venetian Village?
Redfin's last published year-over-year change for Venetian Village, IL was +137.5%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Venetian Village?
Venetian Village ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Venetian Village?
That depends on your timeline, not on a headline. What the data says today: Venetian Village, IL is a strong seller's market with 1.6 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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