Is Verona, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Verona has remained a Seller's Market.
Housing Prices in Verona, WI
How much do homes in Verona, WI cost?
Median Sold Price
$536,511
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Verona was $536,511 in May 2024, up 13.2% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $214K | +42.7% |
2 Bedrooms | $284K | $336.5K | +18.5% |
3 Bedrooms | $449.9K | $475K | +5.6% |
4 Bedrooms | $579.9K | $601.1K | +3.7% |
5+ Bedrooms | $801.4K | $875K | +9.2% |
Summary: Verona housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.7%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 9.2%.
Housing Supply in Verona, WI
How many homes are available in Verona, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
175 | 183 | +4.6% |
Summary: The Verona real estate market had 183 homes for sale in May 2024, a 4.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 78 | 82 | +5.1% |
4 Bedrooms | 61 | 63 | +3.3% |
5+ Bedrooms | 27 | 29 | +7.4% |
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 remained the same, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 50 | +4.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Verona in May 2024, up by 4.2% month-over-month. Of the 50 sold homes, 14% were sold under asking, 34% were sold at asking, and 52% were sold over asking.
Days on Market for Verona, WI
We’re sorry, we don't have information for this market at the moment