Verona, WI Foreclosures
How much do homes sell for in Verona, WI?
The average home price is currently $659,901.
What’s the average rental cost in Verona, WI?
The average rental price in Verona is $2,230.
What is the most expensive home in Verona?
The most expensive home sold in Verona had a price of $26,442,995.
What is currently the cheapest priced home in Verona, WI?
The cheapest home for sale in Verona is priced at $14,807.
Living in Verona, WI
Verona, WI is a family-friendly city that combines modern convenience with a small-town atmosphere. Located just outside Madison, it offers excellent schools, beautiful parks, and a myriad of local shops and dining options. The community thrives on engagement and has a vibrant events calendar that appeals to residents of all ages.
Current Market Conditions in Verona, WI
Verona's real estate market is currently experiencing steady growth, spurred by increasing demand from families and individuals seeking a suburban lifestyle with easy access to urban amenities in Madison. The area has seen a rise in new constructions and a healthy turnover of existing homes, maintaining a balanced market for both buyers and sellers.
With a mix of traditional single-family homes and new developments, buyers can find a range of options at various price points. The alluring nature of the Verona-Wisconsin area, combined with significant community investments, continues to attract new residents, particularly young professionals and families.
Currently, interest rates have stabilized, providing a conducive environment for prospective homebuyers. The increased competition among buyers has resulted in a trend toward quicker sales, with properties often receiving multiple offers.
Home Value Estimator For Verona, WI
There are currently 10,329 real estate properties
in Verona, WI,
with a median automated valuation model (AVM) price
of $565,126.00. 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, WI, 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, WI,
is $659,901.00, with the most expensive house
in Verona, WI, topping out
at $26,442,995.00 and the cheapest home
in Verona, WI,
clocking in at $14,807.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Verona, WI!
Rent Prices
In Verona, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Verona, WI, is on
a rollercoaster ride. The
average rent price in Verona, WI,
is $2,230.00. Indeed, when looking to rent in
Verona, WI, you can expect to pay as little
as $1,020.00 or as much
as $3,780.00,
with the average rent median estimated to
be $2,150.00. The good news is that finding
an affordable and desirable property to rent in Verona, WI
-- 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
