Is Verona, VA 24482 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Verona is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.6Under 4 months = seller’s market
Sold above original list55.5%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$224▲ +9.6% vs. last year

The Verona housing market right now

In the three months ending August 31, 2026, 56% of homes in Verona, VA 24482 sold above their list price, the typical home went under contract in 29 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 71%, homes sold more slowly (8 days then) and the median sale price fell 12% to $329,857. Overall, Verona is less competitive than a year ago, which gives buyers more room.

Within Augusta County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in 89%.

Nearby, buyers who want less competition could look at West Augusta 24485 (0% sold over asking) or Mount Sidney 24467 (0% sold over asking), while Mount Solon 22843 (100% sold over asking) and Weyers Cave 24486 (60% sold over asking) are even more competitive.

Nearby markets

Churchville 24421Seller’s market $201 /sq ftCraigsville 24430Seller’s market $196 /sq ftCrimora 24431Balanced $243 /sq ftDeerfield 24432 $136 /sq ft Browse all markets →

Where Verona is

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Questions about Verona real estate

Is Verona a buyer’s or seller’s market?

A balanced market: there were 4.6 months of supply in Verona, VA 24482 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Verona?

The typical home went under contract in 29 days in the latest three months.

Do homes in Verona sell over asking?

56% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.

What are property taxes in Verona?

About 0.47% of a home’s value a year in Augusta County, or roughly $1,880 on a $400,000 home.

What is the median home price in Verona?

The median sale price was $329,857 in the three months ending August 31, 2026, about $224 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology