Verona, MI is a great place to live with its affordable housing median value of $205,900. This is significantly lower than the US House Median Value of $338,100 which makes it an attractive option for homebuyers. The 1 year house appreciation rate in Verona, MI is 6.41%, although this is slightly lower than the US 1 year house appreciation rate of 8.27%, it still shows that there are opportunities for growth in the area.
The median home cost in Verona is $205,900. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Verona is up 12.8%.
Average Age of Homes
- The median age of Verona real estate is 40 years old
The Rental Market in Verona
- Renters make up 3.2% of the Verona population
- 0.5% 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.