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 December 2021

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.

How much do homes in Verona, WI cost?

Median Sold Price

$458,635

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$208,635(+83.5%)

Key Takeaway

Homes in Verona have sold for 83.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $145K$143K
-1.4%
2 $226K$280K
+23.9%
3 $265K$429.7K
+62.2%
4 $435.6K$559.9K
+28.5%
5+ -$610.4K
N/A

How many homes are available in Verona, WI?

Number of Homes For Sale

Nov 2022Dec 2022%
4233-21.4%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 11
0.0%
2 43
-25.0%
3 2117
-19.0%
4 1511
-26.7%
5+ 11
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
1412-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 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. 41.7% of homes here sold below asking price last month.

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

About Verona, WI

Verona, WI has 33 homes for sale to choose from. The number of homes for sale in Verona, WI decreased by 21.4% between November 2022 and December 2022. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 1.4% more cheaper, prices of 2 bedrooms properties went up by 23.9%, the cost of 3 bedrooms properties went up by 62.2%, prices of 4 bedrooms properties increased by 28.5%, 5 bedrooms properties became 0% more expensive. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 25%, the quantity of 3 bedrooms homes went down by 19%, 4 bedrooms homes inventory decreased by 26.7%, number of 5 bedrooms homes remained the same. Over 5 listings were sold over their listed price in December 2022 in Verona, WI. In the same period over 5 listings were sold below the listed price and 2 listings were sold for the listed price.