The housing market in Verona, IL is a flourishing one. The median value of homes in the area is $268,500, which is significantly lower than the US median value of $338,100. This makes it an attractive option for potential homebuyers looking for a more affordable option. Furthermore, the 1 year house appreciation rate in Verona, IL is 9.35%, which is higher than the national average of 8.27%. This indicates that investing in the housing market in Verona would be a wise decision for those looking to make long-term investments and gain profits from their investments.
The median home cost in Verona is $268,500. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Verona is up 13.7%.
Average Age of Homes
- The median age of Verona real estate is 62 years old
The Rental Market in Verona
- Renters make up 1.3% of the Verona population
- 0.0% of houses and apartments in Verona, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.