Verona, IL—60479
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Verona, IL
As of Oct '25, the median home price in Verona, IL is $353,000, with a year-over-year change of 2.2%. This indicates that home prices in Verona, IL are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $353,000 | 2.2% |
| Single Family | $354,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Verona, IL
Verona, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Verona, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Verona, IL is 19. This is a decrease of -64.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $408,000 | -42.0% |
Listing Count | 2 | -36.0% |
| Listings as % of Homes | 0.3% | -36.0% |
Days on Market | 19 | -64.0% |
Demographics — Verona, IL
As of the latest ACS Survey released in 2023, Verona, IL has a population of 629, which has decreased by -32.7% over the past 5 years. Verona, IL is a moderately popular place for families, as children make up 18.9% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 629 | -32.7% |
% Under 18 | 18.9% | -22.9% |
% Seniors | 18.1% | 69.2% |
% WFH | 3.6% | -12.2% |
% w/ College Degree | 21.7% | 22.6% |
As of the latest ACS Survey released in 2023, Verona, IL is a predominantly white area, with 86.3% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Verona, IL is hispanic, making up 8.1% of the population. Foreign-born residents account for 2.2% of the population in Verona, IL, and this percentage has decreased by 31.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.3% | -7.0% |
% Black | 0.0% | N/A |
% Hispanic | 8.1% | 12.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.2% | -31.2% |
Mortgage and Risk — Verona, IL
Verona, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Verona, IL
Verona, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,230 |
| 2 Bedroom | N/A | N/A | $1,610 |
| 3 Bedroom | N/A | N/A | $2,130 |
| 4 Bedroom | N/A | N/A | $2,140 |
Affordability — Verona, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $353,000 |
| Median Household Income | $103,000 |