Housing in Vermillion, SD

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$277,450

Median List Price

$272,450

Price Per Sq Ft

$135

Days on Market

11

Active Inventory

35

Months of Supply

17.5

Buyer's market

Zillow Home Value

$262,839

ZHVI — January 2026

Zillow Rent Index

$1,250

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 13.6%List Price 1.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

22.2%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
22.2%
Listings with Price Drops
8.6%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

10

Pending Sales

9

Homes Sold 71.4%New Listings 37.5%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$135

Median List $/SF

$122

Sale $/SF 14.0%List $/SF 14.1%Mar 24Jan 26

Vermillion vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 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

$210,200

Median Rent

$728

Total Housing Units

4,623

Vacancy Rate

8.8%

Owner Occupied

42.7%

Renter Occupied

57.3%

Median Property Tax

$3,256

per year

Monthly Cost (w/ Mortgage)

$1,274

Housing Types

Single Family
48.2%
Multi-Family
48.8%
Mobile Home
3.0%

The current median sale price in Vermillion, SD is $277,450 according to Redfin data. Homes spend a median of 11 days on the market. 0.0% of homes sold above asking price. The market has 17.5 months of supply. The median price per square foot is $135. Zillow's observed rent index is $1,250/month. About 42.7% of housing units are owner-occupied. The median year homes were built is 1979. There are 4,623 total housing units.