Verona, Wisconsin Housing Market
Part of the Living in Verona Guide →
Created: December 1, 2025 | Last Updated: July 1, 2026
Home of Epic Systems and one of the tightest markets in Dane County, Verona keeps favoring sellers. The median sale price was $489,900 in June, essentially flat year over year, homes are going under contract in a median of just 5 days, and only 1.50 months of supply keeps Verona in an Extreme Seller's Market. The exception is the upper end, where the $700,000-plus ranges hold most of the available inventory. Here is what the numbers mean for buyers and sellers right now.
$489,900 median price • 5 days on market • 1.50 mo supply
July 2026 Snapshot
Verona is an Extreme Seller's Market at 1.50 months of supply. Homes sell in about 5 days, and although June's median slipped 1.0% in a single month, the year is up strongly, with the median up 2.1% and volume up 29.5% year to date. The entry and mid ranges are intensely competitive; the clear exception is the upper end, where $700,000-plus homes hold most of the available supply. Based on June closings, July 1, 2026 snapshot.
Should I Buy a Home in Verona Right Now?
For prepared buyers, yes. Verona is tight at 1.50 months of supply, and the good news is new listings in June were up 14.3% from a year ago, so a little more is coming to market. With homes moving in about 5 days, the winning approach is preparation: get fully underwritten, know your target neighborhoods, and be ready to write a clean, competitive offer quickly. You do not generally need to bid wildly over asking here, the average sale closed just 0.28% over list, but you do need to move decisively. The one place buyers have real leverage is the upper end, especially $700,000 and above.
Start with current Verona homes for sale, and explore buyer loan programs or our Wisconsin VA loan guide to stay competitive without overextending.
Is Now a Good Time to Sell a Home in Verona?
Yes. Verona sellers are in a strong position: homes sell in a median of about 5 days, inventory is tight at 1.50 months, and the year is running hot, with closings up 13.6% and volume up 29.5% year to date. The honest caution is the high end: homes above $700,000 sell more slowly and hold most of the inventory, so luxury sellers should price with discipline and plan for a longer timeline. For most Verona price points, a well-prepared, accurately priced home attracts serious attention fast.
Curious what your specific home would bring today? Get a current value estimate, then see our seller guide for how to prep, price, and time your listing.
Most of Verona Is Red-Hot. The Room Is at the Top.
The story in Verona right now is a split market. Almost everything under $700,000 is intensely competitive. The $200,000 to $300,000 band sits at just 0.75 months of supply, the $600,000 to $700,000 band at 0.86, and even the busy $400,000 to $500,000 range is only 1.07 months. If you are shopping below $700,000, expect company and be ready to move fast, because well-priced homes are gone in a weekend.
Above $700,000, the market flips. The $700,000 to $800,000 range carries about 2.1 months of supply, and the $1,000,000-plus segment about 3.4 months, with those million-dollar homes selling roughly 2.9% under asking over the past quarter. That is where buyers finally have leverage and time to negotiate.
One caution on the data: the $800,000 to $900,000 range shows the highest supply reading at 4.8 months, but that is off a very thin base with almost no recent closings, so I read it as a small, lumpy segment rather than a genuine buyer's market. The more reliable signal is simple: the higher you go in price, the more room there is to negotiate.
For sellers above $700,000, price to the comps and be patient. For buyers with the budget, the upper end is the one place in Verona where you can take your time. For everyone else, this is still very much a seller's market.
Are Home Prices Going Up or Down in Verona?
Holding steady to up. June's median of $489,900 came in 1.0% below a year ago, but that is a single month bouncing around, not a trend. The year-to-date median is $495,000, up 2.1%, average price per square foot is up 4.5% for the month and $261 year to date, and total volume is up 29.5%. Fewer homes closed in June than last June, but that reflects transaction timing, not falling values. The broader Verona trend is steady appreciation.
How Long Does It Take to Sell a House in Verona?
Fast. The median days on market for June closings was 5 days, and the year-to-date median is 6 days. A well-priced, move-in-ready Verona home often goes under contract within its first weekend. The average sits higher at 14 days, pulled up by slower, higher-priced listings, but the typical home sells in under a week.
Can Buyers Negotiate in Verona?
It depends heavily on price point. Across Verona the average sale closed just 0.28% over asking, so this is not a place where buyers routinely have to blow past list to win. Your best leverage is at the high end: the $700,000-plus ranges hold most of the supply, and homes over $1 million sold about 2.9% under asking over the past quarter. In the tight entry and mid ranges under one to 1.6 months of supply, expect to move quickly with little room.
Should I Wait for Interest Rates to Drop in Verona?
Timing rates is risky in a market this tight. With only 1.50 months of supply, a meaningful drop in rates would likely pull sidelined buyers back in and push prices higher, which can erase the savings from a lower rate. Many Verona buyers choose to buy the right home now while they have more choice, then refinance later if rates improve. The supply story here changes slowly, so waiting carries its own cost. Talk through your loan options first.
If a VA loan is on the table, our Wisconsin VA loan guide covers options that can lower your effective rate.
What's Changed Over the Last Year?
Median Sale Price
The median has swung month to month in the $440,000 to $560,000 band and landed at $489,900 in June, essentially flat year over year while the year-to-date figure rose 2.1%.
New Listings
New listings thinned over winter, then rebuilt into spring, peaking at 35 in April before settling at 24 in June, up 14.3% from a year ago.
Days on Market
Days on market spiked to 47 over the winter, then dropped back to single digits this spring, with a median of just 5 days in June.
Sales Volume (Monthly Closings)
Closings surged to 32 in April, then normalized to 19 in June, down 13.6% from a year ago even as year-to-date sales rose 13.6%.
What's Happening in My Verona Neighborhood?
Verona is really a set of micro-markets, and pace varies by zip and price band. The core Verona zip, 53593, did the heavy lifting in June with 18 closings at a $445,000 median and a 5-day median time to contract.
Newer subdivisions on the south and east sides, such as Cathedral Point and the Woods at Cathedral Point, Scenic Ridge, and the areas near the Epic campus, continue to draw strong demand for newer construction and quick access to work. Established neighborhoods closer to downtown turn over faster at more accessible prices, where first-time and move-up buyers compete hardest. The tightest competition right now sits below $700,000, while the upper end of the market moves more slowly.
Plenty of buyers researching Verona also weigh the surrounding communities, where schools, price, and commute shift the math. Each has its own market report and living guide: Madison, Sun Prairie, DeForest, Waunakee, Middleton. Comparing a few side by side is one of the smartest things you can do before committing to an area.
Verona Housing Market FAQs
What is the median home price in Verona in July 2026?
The median sale price was $489,900 based on June 2026 closings, essentially flat and down 1.0% from a year ago. The year-to-date median is $495,000, up 2.1%.
Is Verona a buyer's or seller's market right now?
Verona is an Extreme Seller's Market with 1.50 months of supply, far below the roughly six months that would signal an even split between buyers and sellers. The upper end is the exception.
How fast are homes selling in Verona?
Fast. The median days on market for June closings was 5 days, and the year-to-date median is 6 days. Well-priced homes often go under contract within their first weekend.
Which Verona price range is most competitive?
The $200,000 to $300,000 band is tightest at 0.75 months of supply, with the $600,000 to $700,000 band close behind at 0.86. Most bands under $700,000 sit below 1.6 months, so the entry and mid ranges see the most competition.
What is happening at the high end of the Verona market?
The upper end carries most of the available supply. The $700,000 to $800,000 range sits near 2.1 months and $1,000,000-plus near 3.4 months, with million-dollar homes selling roughly 2.9% under asking over the past quarter. That is where buyers have real negotiating room.
Are home prices going up or down in Verona?
Holding steady to up. June's median dipped 1.0% year over year in a single month, but the year-to-date median is up 2.1%, average price per square foot is up 4.5%, and total volume is up 29.5%. The broader trend is appreciation.
Do homes in Verona sell over asking?
On average, barely, at 0.28% over asking in June. Verona is fast but not a frenzy of over-list bidding wars, and the very top of the market is selling under asking.
What is the average price per square foot in Verona?
$252 in June, up 4.5% from a year ago. The year-to-date average is $261, which supports the picture of steady appreciation.
How many homes are for sale in Verona?
There were 29 active listings and 17 pending at the July 1 snapshot. New listings in June rose 14.3% year over year, giving buyers a bit more choice while supply stays tight overall.
Which Verona zip code is most active?
Zip 53593, the core Verona zip, led with 18 closings in June at a $445,000 median and a 5-day median days on market.
Should I wait for interest rates to drop before buying in Verona?
Timing rates is risky in a 1.50-month supply market. If rates fall, more buyers return and prices tend to firm up. Many buyers purchase now while inventory is healthier and refinance later.
What school district serves Verona?
Most of Verona is served by the Verona Area School District, a major draw for families, with parts of the reporting area touching the Madison Metropolitan and Middleton-Cross Plains districts.
Verona Area Schools
School quality drives a large share of buyer demand across Dane County. Verona is served primarily by the Verona Area School District, with several neighboring districts also reaching into the area.
See the Full Verona Market Data (Nerd Version 🤓)Tap to expand all the MLS detail
Where Verona Sits on the Supply Spectrum
Months of Supply by Price Range
| Price Range | Active | Avg Sales/Mo | Months Supply | Status |
|---|---|---|---|---|
| 🔴 $200k-$299k | 1 | 1 | 0.75 | Hot Zone, under 1 month |
| $300k-$399k | 5 | 3 | 1.58 | Strong Seller's |
| $400k-$499k | 6 | 6 | 1.07 | Strong Seller's |
| $500k-$599k | 5 | 3 | 1.46 | Strong Seller's |
| 🔴 $600k-$699k | 2 | 2 | 0.86 | Hot Zone, under 1 month |
| $700k-$799k | 4 | 2 | 2.09 | Strong Seller's |
| $800k-$899k | 2 | 0 | 4.80* | Small sample |
| $1M+ | 4 | 1 | 3.43 | Seller's |
| All ranges | 29 | 19 | 1.50 | Extreme Seller's Market |
*The $800k-$899k reading of 4.80 months is a small-sample artifact: two active listings against effectively no recent closings in that band. It is not a genuine buyer's segment.
Neighborhood & Zip Code Trends
| Zip Code | Median Sale | Sales | YoY Median | Median DOM | $/SqFt |
|---|---|---|---|---|---|
| 53593 ⚡ | $445,000 | 18 | −11.0% | 5 | $255 |
⚡ 53593 is the core Verona zip and the only zip with reported June comparison data. Its −11.0% year-over-year median reflects sales mix within a single zip; the city-wide June median was down just 1.0%.
Year-Over-Year Comparison
Gold bars are current (June 2026); gray bars are the prior year (June 2025).
Methodology & Data Notes
- Data snapshot: Closed sales reported to SCWMLS for June 2026.
- Report published: July 2026. Created: December 1, 2025. Last updated: July 1, 2026.
- Coverage area: Closed sales within the Verona Area School District boundary, the standard SCWMLS reporting unit.
- Months of supply = active listings divided by the trailing 12-month average monthly sales rate.
- Year-to-date figures cover January 1 through July 1, 2026.
- Brackets and zip codes with fewer than 10 sales are footnoted as small samples.
- Data source: South Central Wisconsin MLS (SCWMLS). Data deemed reliable but not guaranteed.
Past Verona Market Reports
Every prior monthly Verona report stays live. Browse the full archive below.
2026 ReportsTap to expand
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About These Reports
Looking for the bigger picture on Verona, the neighborhoods, schools, lifestyle, and what makes the market tick? Explore the full Living in Verona guide.