Vermillion, SD Housing Market

Homes for sale

The Vermillion housing market is somewhat competitive. The median sale price of a home in Vermillion was $135K last month, up 63.0% since last year. The median sale price per square foot in Vermillion is $100, down 21.3% since last year.

Trends
Demand
Migration
Schools
Climate

Vermillion Housing Market Trends

What is the housing market like in Vermillion today?

In October 2024, Vermillion home prices were up 63.0% compared to last year, selling for a median price of $135K. On average, homes in Vermillion sell after 52 days on the market compared to 37 days last year. There were 8 homes sold in October this year, up from 4 last year.

$200K

Sale Price

-2.4%
since last year

$100

Sale $/Sq. Ft.

-21.3%
since last year

Under List Price

5.1%

Days on Market

33.5

Down Payment

—

Total Homes Sold

To compare other locations to the Vermillion and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Vermillion add value to a home.

How hot is the Vermillion housing market?

Vermillion is somewhat competitive. Homes sell in 33.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 34 days.
Hot homes
can sell for about 1% below list price and go pending in around 10 days.

Compare With Nearby Cities

Elk Point

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 20 days.
Hot homes
can sell for around list price and go pending in around 8 days.

See more nearby cities and neighborhoods

Vermillion Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Vermillion that sold recently

Recently sold homes

SOLD DEC 5, 2024
$269,500 Last Sold Price
3 beds
1.5 baths
3,056 sq ft
1894 Constance Dr, Vermillion, SD 57069
List Price
$299,500
Sale to List
10% under list
Days on Market
108 days
1894 Constance Dr, Vermillion, SD 57069
SOLD NOV 6, 2024
$629,000 Last Sold Price
12 beds
7 baths
3,300 sq ft
923 & 933 W Clark, Vermillion, SD 57069
List Price
$629,000
Sale to List
0% over list
Days on Market
66 days
923 & 933 W Clark, Vermillion, SD 57069
SOLD NOV 1, 2024
$200,000 Last Sold Price
3 beds
2 baths
1,982 sq ft
416 Elm St, Vermillion, SD 57069
List Price
$230,000
Sale to List
13% under list
Days on Market
128 days
416 Elm St, Vermillion, SD 57069
SOLD OCT 30, 2024
$596,000 Last Sold Price
4 beds
2.5 baths
3,512 sq ft
31449 University Rd, Vermillion, SD 57069
List Price
$599,000
Sale to List
1% under list
Days on Market
211 days
31449 University Rd, Vermillion, SD 57069
SOLD OCT 30, 2024
$8,500 Last Sold Price
2 beds
1 bath
840 sq ft
833 E Duke St #84, Vermillion, SD 57069
List Price
$12,000
Sale to List
29% under list
Days on Market
77 days
833 E Duke St #84, Vermillion, SD 57069
SOLD OCT 29, 2024
$199,900 Last Sold Price
3 beds
2 baths
1,362 sq ft
115 Linden Ave, Vermillion, SD 57069
List Price
$199,900
Sale to List
0% over list
Days on Market
41 days
115 Linden Ave, Vermillion, SD 57069
SOLD OCT 25, 2024
$302,000 Last Sold Price
3 beds
3 baths
1,764 sq ft
814 W Dartmouth St, Vermillion, SD 57069
List Price
$310,000
Sale to List
3% under list
Days on Market
57 days
814 W Dartmouth St, Vermillion, SD 57069
SOLD OCT 16, 2024
$156,000 Last Sold Price
4 beds
1.75 baths
1,826 sq ft
916 W Main St, Vermillion, SD 57069
List Price
$169,000
Sale to List
8% under list
Days on Market
100 days
916 W Main St, Vermillion, SD 57069
See all recently sold homes in Vermillion.
See listings

Schools in Vermillion

Learn about schools in the Vermillion area

Elementary
Middle
High

GreatSchools Rating

5/10 Jolley Elementary - 04 Public • 2-5	345 Students	1 reviews
NR Austin Elementary - 03 Public • PreK-1	254 Students	N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Vermillion housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Vermillion.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

76% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

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