Housing in Vermillion, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — April 2025Median Sale Price
$460,000
Median List Price
N/A
Price Per Sq Ft
$153
Days on Market
13
Active Inventory
N/A
Zillow Home Value
$325,357
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Sale-to-List Ratio
108.2%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$153
Vermillion vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Vermillion is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$298,000
Median Rent
$1,021
Total Housing Units
182
Vacancy Rate
0.0%
Owner Occupied
87.4%
Renter Occupied
12.6%
Median Property Tax
$2,649
per year
Monthly Cost (w/ Mortgage)
$1,275
Housing Types
The current median sale price in Vermillion, MN is $460,000 according to Redfin data. Homes spend a median of 13 days on the market. 100.0% of homes sold above asking price. The median price per square foot is $153. The median rent is $1,021 per month (Census ACS). About 87.4% of housing units are owner-occupied. The median year homes were built is 1974. There are 182 total housing units.