Is Verona, MO 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 Last Month

Last month, 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, MO

How much do homes in Verona, MO cost?

Median Sold Price

$209,500

$46/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$500(-0.2%)

Key Takeaway

The sold price of homes in Verona has remained the same since last month.

Summary: The median home sold price in Verona was $209,500 in March 2024, down 0.2% from last month, and the median price per square foot was $46.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $155K$69K
-55.5%
3 -$350K
N/A
4 $265K-
N/A
5+ --
N/A

Summary: Verona housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 55.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Verona
-0.2%
Verona
-58.3%

Housing Supply in Verona, MO

How many homes are available in Verona, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1514-6.7%

Summary: The Verona real estate market had 14 homes for sale in March 2024, a 6.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 88
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Verona housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Verona, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Verona in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Verona, MO

How long does it take to sell a home in Verona, MO?

Average Sale Time

Feb 2024Mar 2024CHANGE
69 Days72 Days+4.7%

Summary: Homes in Verona had an average of 72 days on market in Mar 2024, up by 4.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Verona are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in Verona; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

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

Report Updated 23 Days Ago

Newest Listings in Verona, MO

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