Verona, VA Foreclosures
How much do homes sell for in Verona, VA?
The average home price is currently $378,677.
In Verona, VA, how many homes are available?
There are currently 2 active home listings available in Verona.
What’s the average rental cost in Verona, VA?
The average rental price in Verona is $1,087.
What is the most expensive home in Verona?
The most expensive home sold in Verona had a price of $10,669,421.
What is currently the cheapest priced home in Verona, VA?
The cheapest home for sale in Verona is priced at $59,453.
Living in Verona, VA
Verona, VA is a scenic rural community surrounded by the Blue Ridge Mountains, offering a tight-knit atmosphere and beautiful landscapes. With quality schools and convenient access to essential amenities, it’s an excellent place for families and outdoor enthusiasts alike. Being close to towns like Staunton enriches the living experience with more options just a short drive away.
Current Market Conditions in Verona, VA
The real estate market in Verona, VA has been experiencing steady growth, with home prices showing a consistent upward trend. The family-friendly atmosphere and the abundant natural beauty continue to attract buyers, leading to increased competition, especially for single-family homes. Estate properties and land purchase opportunities are popular, allowing for a diverse market catering to various needs and preferences.
In recent months, demand for homes in Verona has remained robust, with inventory shortages contributing to slightly higher prices. First-time homebuyers are showing interest, spurred by low interest rates, prompting a quicker turnover of properties. As more people recognize the charm of the area, it’s expected that real estate in Verona will continue to thrive.
Home Value Estimator For Verona, VA
There are currently 1,635 real estate properties
in Verona, VA,
with a median automated valuation model (AVM) price
of $310,698.00. 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, VA, 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, VA,
is $378,677.00, with the most expensive house
in Verona, VA, topping out
at $10,669,421.00 and the cheapest home
in Verona, VA,
clocking in at $59,453.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Verona, VA!
Rent Prices
In Verona, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Verona, VA, is on
a rollercoaster ride. The
average rent price in Verona, VA,
is $1,087.00. Indeed, when looking to rent in
Verona, VA, you can expect to pay as little
as $560.00 or as much
as $3,480.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Verona, VA
-- 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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