Housing in Vermilion, OH

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$250,000

Median List Price

$264,900

Price Per Sq Ft

$174

Days on Market

54

Active Inventory

29

Months of Supply

2.4

Seller's market

Zillow Home Value

$254,454

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 85.2%List Price 49.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

15.4%

Sale-to-List Ratio

98.6%

Buyer's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
15.4%
Listings with Price Drops
24.1%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

7

Pending Sales

13

Homes Sold 71.4%New Listings 22.2%Pending 62.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$174

Median List $/SF

$182

Sale $/SF 28.9%List $/SF 24.7%Mar 24Jan 26

Vermilion vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Vermilion 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

$172,000

Median Rent

$1,123

Total Housing Units

5,249

Vacancy Rate

12.9%

Owner Occupied

80.6%

Renter Occupied

19.4%

Median Property Tax

$2,521

per year

Monthly Cost (w/ Mortgage)

$1,098

Housing Types

Single Family
90.5%
Multi-Family
8.8%
Mobile Home
0.6%

The current median sale price in Vermilion, OH is $250,000 according to Redfin data. Homes spend a median of 54 days on the market. 50.0% of homes sold above asking price. The market has 2.4 months of supply. The median price per square foot is $174. The median rent is $1,123 per month (Census ACS). About 80.6% of housing units are owner-occupied. The median year homes were built is 1966. There are 5,249 total housing units.