Housing in Verona, VA is highly desirable due to its median value of $249,500. This is significantly lower than the US median value of $338,100, making it a very attractive option for potential home buyers. In addition to this economical advantage, housing in Verona, VA has also seen an impressive appreciation rate over the last year at 12.12%, compared to 8.27% nationally. Such a high rate of appreciation means that homeowners can expect their investments to continue to increase in value over time. With its relatively low median value and high appreciation rate, Verona, VA is an ideal place for prospective homebuyers to invest in their future.
The median home cost in Verona is $249,500. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Verona is up 14.6%.
Average Age of Homes
- The median age of Verona real estate is 40 years old
The Rental Market in Verona
- Renters make up 17.7% of the Verona population
- 2.7% 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.