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

Since last month, 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, MO

How much do homes in Verona, MO cost?

Median Sold Price

$131,450

-

Based on all homes sold in May 2024.

Difference Since Last Month

-$285,550(-68.5%)

Key Takeaway

Homes in Verona have sold for 68.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$164.9K
N/A
3 $417K$98K
-76.5%
4 --
N/A
5+ --
N/A

Summary: Verona housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 76.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Verona, MO

How many homes are available in Verona, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
550.0%

Summary: The Verona real estate market had 5 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 43
-25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Verona housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Verona in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Apr 2024May 2024CHANGE
147 Days72 Days-51.0%

Summary: Homes in Verona had an average of 72 days on market in May 2024, down by 51% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were 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 May 2024, 2 homes were sold in Verona; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

Newest Listings in Verona, MO

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