Verona, IL Foreclosures
How much do homes sell for in Verona, IL?
The average home price is currently $272,727.
In Verona, IL, how many homes are available?
There are currently 10 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 $799,436.
What is currently the cheapest priced home in Verona, IL?
The cheapest home for sale in Verona is priced at $42,830.
Living in Verona, IL
Verona, IL is a quaint village that offers a peaceful rural lifestyle while remaining conveniently close to urban amenities. With a variety of local parks, easy access to transportation, and a strong sense of community, it’s an ideal place for families and individuals seeking tranquility and connection.
Current Market Conditions in Verona, IL
The real estate market in Verona is currently showing stable growth, with increasing home values over the past year. This trend is driven by the demand for affordable housing options in nearby urban centers. The community's appeal lies in its charm and accessibility, making it a desirable location for first-time homebuyers as well as seasoned investors.
New residential developments are on the rise, signaling a healthy demand in the market. Seasonal fluctuations may lead to variations in buyer interest, but overall, the market remains robust as more buyers are recognizing the value of living in a quiet community like Verona.
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 $239,347.00. 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 $272,727.00, with the most expensive house
in Verona, IL, topping out
at $799,436.00 and the cheapest home
in Verona, IL,
clocking in at $42,830.00. 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.
Learn more on Foreclosure homes
