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Verona, PA—15147

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$172,000
0.4% YoY Growth
Household Income
$64,500
25.7% YoY Growth
Days on Market
33
28.0% Shorter YoY
Home Price Forecast
-1.3%
Median Rent
$1,500
33.6% YoY Growth
1-Bed Rent
$950
608.0% YoY Growth
2-Bed Rent
$970
1.9% YoY Growth
3-Bed Rent
$1,600
7.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Verona, PA

As of May '26, the median home price in Verona, PA is $172,000, with a year-over-year change of 0.4%. This indicates that home prices in Verona, PA are flat. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$172,0000.4%
Single Family $172,000-0.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$134,000-2.2%
    3 Bed
    		$178,0000.6%
    4 Bed
    		$220,0001.9%
    5 Bed $235,921-1.5%
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    % of Housing Stock

    Studio
    2.6%
    1 Bedroom
    14.5%
    2 Bedrooms
    19.7%
    3 Bedrooms
    54.8%
    4 Bedrooms
    7.6%
    5+ Bedrooms
    0.9%

    Rental Trends — Verona, PA

    As of July '25, Rentcast reports the average rent in Verona, PA is $1,710, with a year-over-year rent change of 33.6%. Per bedroom, the median rent as of July '25 in Verona, PA is 1-bedrooms: $5,480, 2-bedrooms: $1,060, 3-bedrooms: $1,510, 4-bedrooms: $1,570. The most common rental property sizes in Verona, PA are 1-bedroom and 3-bedroom, accounting for 36.0% and 30.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,500$1,710
    Studio Rent N/AN/A
    1 Bed Rent $950$5,480
    2 Bed Rent $970$1,060
    3 Bed Rent $1,600$1,510
    4 Bed Rent $1,500$1,570
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    % of Rental Stock

    Studio
    7.4%
    1 Bedroom
    36.0%
    2 Bedrooms
    23.4%
    3 Bedrooms
    30.8%
    4 Bedrooms
    1.5%
    5+ Bedrooms
    0.9%

    Property Listings — Verona, PA

    As of May '26, Realtor.com reports that the median days on market for a home in Verona, PA is 33. This is a decrease of -28.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$225,00013.0%
    Listing Count
    		6716.0%
    Listings as % of Homes0.6%16.0%
    Days on Market
    		33-28.0%
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    Demographics — Verona, PA

    As of the latest ACS Survey released in 2023, Verona, PA has a population of 16,600, which has decreased by -3.9% over the past 5 years. Verona, PA is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 31.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		16,600-3.9%
    % Under 18
    		18.3%15.8%
    % Seniors
    		26.7%9.4%
    % WFH
    		8.4%104.9%
    % w/ College Degree
    		31.0%7.3%
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    As of the latest ACS Survey released in 2023, Verona, PA is a predominantly white area, with 69.2% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Verona, PA is black, making up 20.8% of the population. Foreign-born residents account for 3.0% of the population in Verona, PA, and this percentage has increased by 50.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		69.2%-6.5%
    % Black
    		20.8%10.1%
    % Hispanic
    		4.2%500.0%
    % Asian
    		0.4%-20.0%
    % Foreign Born
    		3.0%50.0%
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    Mortgage and Risk — Verona, PA

    According to HUD data as of 2023, there were 292 mortgage originations in Verona, PA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Verona, PA. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		292
    % Conventional Loans
    		76.0%
    % Government Loans
    		24.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Verona, PA

    As of 2024, the percent of homes in Verona, PA under the Section 8 program is 15.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Verona, PA, because HUD payments exceed market rent, while 3-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		610
    Total Units Section 8
    		501
    % Rentals under Section 8
    		15.4%
    % Occupied Section 8
    		93.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$30$950$980
    2 Bedroom$210$970$1,180
    3 Bedroom-$100$1,600$1,500
    4 Bedroom$120$1,500$1,620

    Affordability — Verona, PA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.4
    Median Home Price$172,000
    Median Household Income$64,500

    Verona, PA — ZIP Code Boundary Map

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    Frequently Asked Questions