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 21 Days Ago

Newest Listings in Vermillion, SD

Nearby Markets to Vermillion, SD