Is Verona, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Verona is a 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, WI

How much do homes in Verona, WI cost?

Median Sold Price

$569,914

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$67,529(+13.4%)

Key Takeaway

Homes in Verona have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in Verona was $569,914 in November 2024, up 13.4% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $201K$200K
-0.5%
2 $330K$327.5K
-0.8%
3 $453K$500K
+10.4%
4 $581K$649.1K
+11.7%
5+ $857.5K$873K
+1.8%

Summary: Verona housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 1.8%.

Housing Supply in Verona, WI

How many homes are available in Verona, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
131111-15.3%

Summary: The Verona real estate market had 111 homes for sale in November 2024, a 15.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 56
+20.0%
3 7257
-20.8%
4 3634
-5.6%
5+ 1612
-25.0%

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 increased by 20%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3727-27.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Verona, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 27 homes were sold or pending in Verona in November 2024, down by 27.0% month-over-month. Of the 27 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.

Days on Market for Verona, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Verona, WI

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