Verona, NY—13478
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Verona, NY
As of Oct '25, the median home price in Verona, NY is $227,000, with a year-over-year change of 6.0%. This indicates that home prices in Verona, NY are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $227,000 | 6.1% |
| Single Family | $228,000 | 6.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $188,000 | 6.8% |
3 Bed | $228,000 | 6.5% |
4 Bed | $266,000 | 6.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Verona, NY
As of July '25, Rentcast reports the average rent in Verona, NY is $1,400, with a year-over-year rent change of 64.7%. Per bedroom, the median rent as of July '25 in Verona, NY is 2-bedrooms: $1,400. The most common rental property sizes in Verona, NY are 2-bedroom and 3-bedroom, accounting for 48.1% and 35.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Verona, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Verona, NY is 52. This is a decrease of -50.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $217,000 | -10.0% |
Listing Count | 17 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 52 | -50.0% |
Demographics — Verona, NY
As of the latest ACS Survey released in 2023, Verona, NY has a population of 3,330, which has increased by 20.7% over the past 5 years. Verona, NY is a moderately popular place for families, as children make up 16.5% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,330 | 20.7% |
% Under 18 | 16.5% | -16.2% |
% Seniors | 21.4% | -12.7% |
% WFH | 4.0% | 150.0% |
% w/ College Degree | 19.0% | 9.8% |
As of the latest ACS Survey released in 2023, Verona, NY is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Verona, NY is hispanic, making up 3.1% of the population. Foreign-born residents account for 1.6% of the population in Verona, NY, and this percentage has increased by 166.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.6% | -4.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.1% | ∞% |
% Asian | 0.8% | ∞% |
% Foreign Born | 1.6% | 166.7% |
Mortgage and Risk — Verona, NY
According to HUD data as of 2023, there were 104 mortgage originations in Verona, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Verona, NY. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 104 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Verona, NY
Verona, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | -$270 | $1,400 | $1,130 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Verona, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $227,000 |
| Median Household Income | $77,200 |