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Featured local agent — Vermilion, OH
Sarah Mitchell
Compass Real Estate · Vermilion, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Vermilion, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$323,050median sale price
How is the Vermilion, OH housing market right now?
The median home sale price in Vermilion, OH is $323,050, up 46.8% year-over-year. Homes sell in an average of 27 days with 32 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Vermilion a buyer's or seller's market?
Vermilion, OH is currently a seller's market, based on 2.7 months of supply and homes selling in about 27 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
27
Average pace
Active listings
32
2.7 months supply
Sale-to-list
99.7%
Below asking
What does the Vermilion housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $323,050 |
| Median list price | $339,350 |
| Year-over-year price change | +46.8% |
| Average days on market | 27 days |
| Active inventory | 32 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 99.7% |
| Median price per sq ft | $176/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 18 |
| Listings with a price cut | 34.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Vermilion by property type?
How the Vermilion, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $291,100 | $175/sq ft | 11 | 26 days |
| Condo / Co-op | $396,000 | $177/sq ft | 1 | 56 days |
Source: Redfin · Updated monthly
The Vermilion housing market is currently classified as a seller's market with a median sale price of $323,050. Prices have risen 46.8% compared to last year, with homes spending an average of 27 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Vermilion
There are currently 32 homes listed for sale in Vermilion, Ohio. The median listing price is $339K.
Active listings
32
Homes on market
Median list price
$339K
Avg. days on market
27
Days until sale
New this week
18
Newly listed
Who lives in Vermilion?
Population
10,451
Median income
$73,052/yr
Median age
49.8 years
Owner-occupied
80.6%
College grads
29.9%
Avg commute
26.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Vermilion?
Zillow home value
$273,810
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Vermilion?
Vermilion is a community of approximately 10K residents with a median age of 49.8 years.The median household income is $73,052, which represents a working-class community with solid middle-income opportunities. 29.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Vermilion offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Vermilion?
4 schools tracked · 1,665 students
The largest public schools serving Vermilion, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Vermilion High School
Grades 8-12 · 617 students
Sailorway Middle School
Grades 4-7 · 521 students
Vermilion Elementary School
Grades PK-3 · 516 students
Vermilion Digital Academy
Grades 9-12 · 11 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Vermilion, OH?
Want a head-to-head view? Compare Vermilion side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Vermilion?
The median home sale price in Vermilion is $323,050, up 46.8% from last year.
How long do homes stay on market in Vermilion?
Homes typically spend 27 days on market before going under contract.
What is the median income in Vermilion?
The median household income is $73,052 per year.
Is Vermilion a buyer's or seller's market?
With 2.7 months of supply, Vermilion is currently a seller's market.
What is the Zillow home value estimate for Vermilion?
The Zillow Home Value Index (ZHVI) for Vermilion is $273,810, representing the typical home value in the area.
What is the median condo price in Vermilion?
The median condo/co-op sale price in Vermilion, OH is $396,000, compared to $291,100 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Vermilion?
The median single-family home price in Vermilion, OH is $291,100 (about $175 per square foot).
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