Verona Housing Update: Modest Price Growth, Active Listings, and New Multifamily Plans
Verona, WI – March 18, 2026 – Home values edge up, inventory remains tight, and new apartment and subdivision plans continue shaping local supply.
Home values in Verona, WI continue to trend upward while new multifamily and subdivision activity adds to the area’s housing pipeline.
Top takeaways
- Average home value: $578K, up 1.3% year over year (through Jan. 31, 2026).
- Median listing price: $699K; homes selling in about 70 days.
- 53 homes for sale at the end of February, with 24 new listings.
- Recent approvals include a 116-unit apartment project and additional multifamily proposals.
Market snapshot
Zillow reports a typical home value of $577,901 in Verona, a 1.3% annual increase as of January 31, 2026. Inventory stood at 53 homes at the end of February, with 24 new listings added during the month. The median list price was $631,667.
Realtor.com data through December 2025 shows a median listing price of $699,000, with homes selling in a median of 70 days and a 99% sale-to-list ratio. Rental trends indicate average rents around $2,040 in late February, up month over month.
Development activity
In January, the Verona Common Council approved plans for a 116-unit apartment building with roughly 6,900 square feet of commercial space at 511 West Verona Avenue. The project required zoning exemptions, including additional building height.
City agenda materials from late 2025 also reference a proposed 240-unit apartment complex and townhomes east of Blue Ice Pass and west of CTH M, tied to a Comprehensive Plan amendment and rezoning request.
The Planning and Development Department continues to update proposed and approved projects, reflecting steady multifamily interest.
What’s for sale
New subdivision activity is visible at Sugar River Vista, a 59-lot development featuring 1.2- to 3-acre homesites. Recent listings show lots priced around $380K, with marketing highlighting preserved open space and proximity to Epic Systems and regional trails.
With limited resale inventory and ongoing construction, buyers and sellers appear to be navigating a competitive but measured spring market. What changes are you seeing in pricing or buyer activity so far this season?
Sources
https://www.zillow.com/home-values/395676/verona-wi/
https://www.realtor.com/realestateandhomes-search/Verona_WI/overview
https://www.compass.com/homedetails/Lot-17-Sugar-River-Vista-Verona-WI-53593/267JPY_pid/
https://www.klapperichrealestate.com/landlots-for-sale/Lot-1-Sugar-River-Vista-Verona-WI-53593-427787160
https://citizenportal.ai/articles/7281695/wisconsin/dane-county/verona/Verona/Dane-County/Wisconsin/Verona-council-approves-preliminary-and-final-plan-for-116unit-development-at-511-West-Verona-Avenue
https://www.veronawi.gov/AgendaCenter/ViewFile/Agenda/_10062025-2478