Vermilion, OH Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Vermilion, OH is $252,500, up 17.4% year-over-year. Homes sell in an average of 70 days with 33 active listings. The market is currently a buyer's market.
$252,500median sale price
Homes sold
7
Last 12 weeks
Days on market
70
Average pace
Active listings
33
4.7 months supply
Sale-to-list
94.0%
Below asking
Vermilion, OH market data
| Metric | Value |
|---|---|
| Median sale price | $252,500 |
| Median list price | $280,000 |
| Year-over-year price change | +17.4% |
| Average days on market | 70 days |
| Active inventory | 33 listings |
| Months of supply | 4.7 months |
| Sale-to-list price ratio | 94.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Vermilion housing market is currently classified as a buyer's market with a median sale price of $252,500. Prices have risen 17.4% compared to last year, with homes spending an average of 70 days on market, indicating 4.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Vermilion
There are currently 33 homes listed for sale in Vermilion, Ohio. The median listing price is $280K.
Active listings
33
Homes on market
Median list price
$280K
Avg. days on market
70
Days until sale
New this week
14
Newly listed
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Frequently asked questions
What is the average home price in Vermilion?
The median home sale price in Vermilion is $252,500, up 17.4% from last year.
How long do homes stay on market in Vermilion?
Homes typically spend 70 days on market before going under contract.
Is Vermilion a buyer's or seller's market?
With 4.7 months of supply, Vermilion is currently a buyer's market.
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