Housing Prices in Vermillion, SD

How much do homes in Vermillion, SD cost?

Median List Price

$439,000

$154/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$190,900(-30.3%)

Key Takeaway

The list price of homes in Vermillion has decreased by 30.3% since September.

Summary: The median home list price in Vermillion was $439,000 in October 2024, down 30.3% from the previous month, and the median price per square foot was $154.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$249K
N/A
4 --
N/A
5+ $629.9K$534.4K
-15.2%

Summary: Vermillion housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 15.2%.

Median List Price Compared To Nearby Cities

Vermillion
-30.3%
Vermillion Township
-30.3%

Housing Supply in Vermillion, SD

How many homes are available in Vermillion, SD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13+200.0%

Summary: The Vermillion real estate market had 3 homes for sale in October 2024, a 200.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 00
0.0%
5+ 12
+100.0%

Summary: The Vermillion housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for Vermillion, SD

How long does it take to sell a home in Vermillion, SD?

Average Listing Age

Sep 2024Oct 2024CHANGE
49 Days41 Days-16.3%

Summary: Homes in Vermillion had an average listing age of 41 days in Oct 2024, down by 16.3% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Vermillion, SD

Nearby Markets to Vermillion, SD