$1,478 Closing Credit*
$124,500
888 SqFt
3 Beds
•1 Full Bath
Despina Raucci, Listing Office: Town & City Real Estate
Is Verona, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Verona has remained a Seller's Market.
Key Takeaway
Verona is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Verona, NY
How much do homes in Verona, NY cost?
Median Sold Price
$197,200
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$942(+0.5%)
Key Takeaway
The sold price of homes in Verona has remained the same since last year.
Summary: The median home sold price in Verona was $197,200 in November 2024, up 0.5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133K | - | N/A |
| 2 Bedrooms | $247.5K | $180K | -27.3% |
| 3 Bedrooms | $170K | $200K | +17.6% |
| 4 Bedrooms | $280K | $170K | -39.3% |
| 5+ Bedrooms | $165K | $460K | +178.8% |
Summary: Verona housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 39.3%, and 5+ bedroom homes increased by 178.8%.
Median Sold Price Compared To Nearby Cities
| Vienna | $180.2K | $220K | +22.1% |
| Verona | $196.2K | $197.2K | 0.5% |
Housing Supply in Verona, NY
How many homes are available in Verona, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 20 | -25.9% |
Summary: The Verona real estate market had 20 homes for sale in November 2024, a 25.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Verona housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Verona, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Verona in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Verona, NY
How long does it take to sell a home in Verona, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 29 Days | +36.3% |
Summary: Homes in Verona had an average of 29 days on market in Nov 2024, up by 36.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Verona are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Verona; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
