Market Overview
Home Prices in Verona, NJ
The median home value in Verona, NJ is $782,531 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 6.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Verona are priced91% above average. Verona is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Verona home values have risen by approximately41.4%, reflecting strong long-term appreciation in this market.
Price History
Verona Home Price Trend
City Comparison
Verona vs. National Median
At $782,531, homes in Verona cost 91% above the national median of $410,000. Buyers in Verona should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Verona?
20% Down Payment
$156,506
on $782,531
Monthly P&I
$4,081/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,183/mo
incl. taxes & insurance
Income Needed
$207,320
gross annual (30% rule)
10% Down Option
$78,253
+ PMI applies
Loan Amount (20% dn)
$626,025
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Verona, NJ?
The median home value in Verona is $782,531 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Verona?
Over the past year, home values in Verona have increased by 6.1%. Over five years, prices have risen approximately 41.4%.
How much do I need to earn to buy a home in Verona?
To comfortably afford the median home price of $782,531 with a 20% down payment ($156,506) at today's rates (6.8%), you'd need a gross annual income of approximately $207,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Verona compare to the national average home price?
The national median home value is approximately $410,000. At $782,531, homes in Verona are 91% above the national average.
What metro area is Verona part of?
Verona is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.