$2,374 Closing Credit*
$199,900
1,680 SqFt
4 Beds
•2 Full Baths
Alen Zekic, Listing Office: Assist2Sell Buyers & Sellers 1st Choice
Is Verona, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$198,335
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$12,605(-6.0%)
Key Takeaway
Homes in Verona have sold for 6% less than they did a year ago.
Summary: The median home sold price in Verona was $198,335 in October 2024, down 6% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133K | - | N/A |
| 2 Bedrooms | $247.5K | $180K | -27.3% |
| 3 Bedrooms | $170K | $200K | +17.6% |
| 4 Bedrooms | $301K | $184.2K | -38.8% |
| 5+ Bedrooms | $165K | $437.5K | +165.2% |
Summary: Verona housing prices by bedroom type for October 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 38.8%, and 5+ bedroom homes increased by 165.2%.
Median Sold Price Compared To Nearby Cities
| Verona Beach | $133K | $235K | +76.7% |
| Blossvale | $167.4K | $219K | +30.8% |
| Vienna | $179K | $220K | +22.9% |
| Verona | $210.9K | $198.3K | -6.0% |
Housing Supply in Verona, NY
How many homes are available in Verona, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Summary: The Verona real estate market had 27 homes for sale in October 2024, a 6.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Verona housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Verona, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Verona in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 15 Days | -44.0% |
Summary: Homes in Verona had an average of 15 days on market in Oct 2024, down by 44% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was 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 October 2024, 6 homes were sold in Verona; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
