Verona, IL Foreclosures
How much do homes sell for in Verona, IL?
The average home price is currently $279,058.
In Verona, IL, how many homes are available?
There are currently 9 active home listings available in Verona.
What’s the average rental cost in Verona, IL?
The average rental price in Verona is $1,259.
What is the most expensive home in Verona?
The most expensive home sold in Verona had a price of $787,176.
What is currently the cheapest priced home in Verona, IL?
The cheapest home for sale in Verona is priced at $37,962.
Living in Verona, IL
Verona, IL, is a charming village offering a blend of suburban serenity and easy access to urban conveniences. With its strong community spirit and access to educational resources, Verona is an ideal place for families seeking a peaceful lifestyle. Residents enjoy outdoor activities and a variety of local amenities, making it a desirable location in Illinois.
Current Market Conditions in Verona, IL
The current real estate market in Verona is experiencing moderate growth as demand for suburban housing remains high, particularly as people seek more space and a quieter lifestyle in the wake of recent trends toward remote work. Homes tend to sell quickly, reflecting a competitive market characterized by a diversity of options for different buyer demographics.
Recent trends indicate that interest in single-family homes in Verona has increased, with many buyers attracted to the area's natural beauty and sense of community. Investors are also seeing potential in rental properties, as the population grows and the demand for housing options increases.
Home Value Estimator For Verona, IL
There are currently 210 real estate properties
in Verona, IL,
with a median automated valuation model (AVM) price
of $245,474.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Verona, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Verona, IL,
is $279,058.00, with the most expensive house
in Verona, IL, topping out
at $787,176.00 and the cheapest home
in Verona, IL,
clocking in at $37,962.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Verona, IL!
Rent Prices
In Verona, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Verona, IL, is on
a rollercoaster ride. The
average rent price in Verona, IL,
is $1,259.00. Indeed, when looking to rent in
Verona, IL, you can expect to pay as little
as $740.00 or as much
as $2,220.00,
with the average rent median estimated to
be $1,260.00. The good news is that finding
an affordable and desirable property to rent in Verona, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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