Vermillion, SD Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Vermillion, SD is $215,000, up 12.9% year-over-year. Homes sell in an average of 37 days with 34 active listings. The market is currently a leaning buyer's.
$215,000median sale price
Is Vermillion a buyer's or seller's market?
Vermillion, SD is currently a leaning buyer's, based on 4.9 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
37
Average pace
Active listings
34
4.9 months supply
Sale-to-list
94.6%
Below asking
Vermillion, SD market data
| Metric | Value |
|---|---|
| Median sale price | $215,000 |
| Median list price | $227,450 |
| Year-over-year price change | +12.9% |
| Average days on market | 37 days |
| Active inventory | 34 listings |
| Months of supply | 4.9 months |
| Sale-to-list price ratio | 94.6% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Vermillion housing market is currently classified as a leaning buyer's with a median sale price of $215,000. Prices have risen 12.9% compared to last year, with homes spending an average of 37 days on market, indicating 4.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Vermillion
There are currently 34 homes listed for sale in Vermillion, South Dakota. The median listing price is $227K.
Active listings
34
Homes on market
Median list price
$227K
Avg. days on market
37
Days until sale
New this week
8
Newly listed
Top public schools in Vermillion
4 schools tracked · 1,432 students
The largest public schools serving Vermillion, SD 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.
Vermillion High School - 01
Grades 9-12 · 440 students
Jolley Elementary - 04
Grades 2-5 · 383 students
Vermillion Middle School - 02
Grades 6-8 · 332 students
Austin Elementary - 03
Grades PK-1 · 277 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in SD
Frequently asked questions
What is the average home price in Vermillion?
The median home sale price in Vermillion is $215,000, up 12.9% from last year.
How long do homes stay on market in Vermillion?
Homes typically spend 37 days on market before going under contract.
Is Vermillion a buyer's or seller's market?
With 4.9 months of supply, Vermillion is currently a leaning buyer's.
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