Is Verona, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Verona was a Buyer'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
$527,665
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Verona have sold for 25.7% more than they did a year ago.
Summary: The median home sold price in Verona was $527,665 in April 2024, up 25.7% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146.5K | $215K | +46.8% |
| 2 Bedrooms | $282K | $345.4K | +22.5% |
| 3 Bedrooms | $422.3K | $469.9K | +11.3% |
| 4 Bedrooms | $577.4K | $600K | +3.9% |
| 5+ Bedrooms | $718.4K | $850K | +18.3% |
Summary: Verona housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.8%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 18.3%.
Housing Supply in Verona, WI
How many homes are available in Verona, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 156 | 161 | +3.2% |
Summary: The Verona real estate market had 161 homes for sale in April 2024, a 3.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 68 | 68 | 0.0% |
| 4 Bedrooms | 54 | 57 | +5.6% |
| 5+ Bedrooms | 24 | 27 | +12.5% |
Summary: The Verona housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 46 | +15.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Verona, you could pay more than the asking price. 43.5% of homes here sold above asking price last month.
Summary: A total of 46 homes were sold or pending in Verona in April 2024, up by 15.0% month-over-month. Of the 46 sold homes, 20% were sold under asking, 37% were sold at asking, and 43% were sold over asking.
Days on Market for Verona, WI
We’re sorry, we don't have information for this market at the moment
