Vermillion, SD
Housing market overview · Updated weekly
$215,000median sale price
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
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
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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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