$2,255 Closing Credit*
$189,900
1,150 SqFt
3 Beds
•1 Full Bath
Craig Lipchin of the Georgie Smigel Group, Listing Office: Coldwell Banker Realty
Is Verona, PA 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, PA
How much do homes in Verona, PA cost?
Median Sold Price
$179,900
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,900(+5.8%)
Key Takeaway
Homes in Verona have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Verona was $179,900 in November 2024, up 5.8% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $115K | N/A |
| 2 Bedrooms | $134.7K | $129.9K | -3.6% |
| 3 Bedrooms | $170K | $180K | +5.9% |
| 4 Bedrooms | $210.4K | $200K | -5.0% |
| 5+ Bedrooms | $407.5K | $180K | -55.8% |
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 3.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 55.8%.
Median Sold Price Compared To Nearby Cities
| Oakmont | $290.5K | $327.5K | +12.7% |
| Penn Hills Township | $165K | $174.9K | +6.0% |
| Verona | $170K | $179.9K | +5.8% |
Housing Supply in Verona, PA
How many homes are available in Verona, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 66 | -2.9% |
Summary: The Verona real estate market had 66 homes for sale in November 2024, a 2.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 47 | 48 | +2.1% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 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 14.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 22 | +57.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 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 22 homes were sold or pending in Verona in November 2024, up by 57.1% month-over-month. Of the 22 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for Verona, PA
How long does it take to sell a home in Verona, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 55 Days | +34.3% |
Summary: Homes in Verona had an average of 55 days on market in Nov 2024, up by 34.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 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, 22 homes were sold in Verona; 59% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.