What is the Verona, WI housing market like?

Rob Miller, Branch Manager at MadCity Home Loans, answers one of the most common questions we get from buyers looking at the Southwest Side.

What is the Verona, WI housing market like?

Verona, self-dubbed "Hometown USA," is located just southwest of Madison. Over the last twenty years, Verona has transformed from a quiet, rural town into an economic powerhouse.

If you are buying a home in Verona, here are the major factors driving the market right now:

1. The "Epic" Effect

You cannot talk about Verona real estate without talking about Epic Systems. The massive healthcare software company is headquartered here, employing over 10,000 people.

Because thousands of highly paid employees want to live close to the Epic campus (to enjoy the legendary short commutes), housing demand in Verona is staggering. This creates a highly competitive environment, particularly in the starter-home and mid-tier price ranges.

2. Fast-Paced Offers

Homes in Verona that are priced correctly often receive multiple offers within the first 48 hours. If you are serious about buying here, you cannot casually browse Zillow. You need an aggressive Realtor and a lender who can vouch for your financing on a Saturday afternoon. My team routinely calls listing agents in Verona to assure them our buyers' financing is rock solid.

3. Mix of Old and New

Verona offers a unique mix of housing stock. You can find beautiful, historic homes near the charming downtown area, as well as sprawling, brand-new subdivisions on the outskirts (like the popular Cathedral Point area).

4. Taxes and Schools

The Verona Area School District is highly rated and just built an incredible, state-of-the-art high school. While property taxes reflect this investment in the community, many buyers find the schools and the proximity to major employers well worth the cost.

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Related Guide: Before you compete for a home in Verona, make sure you understand the financing process in our Mortgage Pre-Approval Guide.