Verona, IL Home Values & Market Trends

Real estate market trends reflect that there have been 5 transactions over the past year in Verona. The median value for residential home transactions that occurred over the previous year is $233,909.5. The number of current listings in Verona is 1, and the percentage of properties for sale in the city is 1.00%. Verona, IL currently has 2 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Verona, IL Real Estate Market Overview

ZipMedian Est. Value
60479

$ 237,243

$ 128/sqft

Housing Market Summary for Verona, IL

Apr 2023March 2024Change
Median Listing Price$185K$184.5K-0.27%
Median Sold Price$581.5K$184.5K-68.27%
Homes For Sale10-100.00%
Homes Sold14300.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Verona, IL

Verona home values range from $30,032 to $728,611. The median estimated value of a home in Verona is $233,909.5. The median list price of a home is 185,000, and the total count of properties in the city is 178.

Foreclosure
There is 1 zips within Verona, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $158,600 in 60479 to the lowest value of $59,950 in 60479. Foreclosure homes account for 1.00% of properties in Verona, IL with 60479 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.56% of all residential properties in Verona, IL with 60479 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Verona, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $158,600 in 60479 to the lowest home value of $158,600 in 60479.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Verona, IL ranges from the highest value of $59,950 in 60479 to the lowest value of $59,950 in 60479. Bank owned homes and properties account for 0.56% of properties in Verona, IL. There is 1 zips within Verona, IL; 60479 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Verona, IL. Auction homes and other auction properties account for 0% of all properties in Verona, IL. There is 1 zips within Verona, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.56% of residential properties in Verona, IL with 60479 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Verona, IL; homes for sale in that zips, have a range of median values from $237,243 in 60479 to the lowest value of $237,243 in 60479.
    Sold Homes
    The median value for recently sold homes ranges from $458,371 in 60479 to the lowest price of $105,347 in 60479. There is 1 zips within Verona, IL. 60479 has 5 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.81% of properties in Verona, IL.

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      Guide for Verona, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes Verona, IL

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