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Preforeclosure Homes in Vermilion, OH

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Vermilion, OH Foreclosures

How much do homes sell for in Vermilion, OH?
The average home price is currently $307,235.
In Vermilion, OH, how many homes are available?
There are currently 5 active home listings available in Vermilion.
What’s the average rental cost in Vermilion, OH?
The average rental price in Vermilion is $1,276.
What is the most expensive home in Vermilion?
The most expensive home sold in Vermilion had a price of $6,073,571.
What is currently the cheapest priced home in Vermilion, OH?
The cheapest home for sale in Vermilion is priced at $20,528.

Living in Vermilion, OH

Vermilion, OH, is a delightful lakeside town that offers a blend of beautiful natural landscapes, recreational activities, and a close-knit community atmosphere. With stunning beaches and a vibrant marina, it's perfect for outdoor enthusiasts. The local charm is complemented by friendly neighborhoods and family-friendly amenities.

Current Market Conditions in Vermilion, OH

The real estate market in Vermilion remains competitive, with a variety of housing options available from quaint cottages to larger family homes. The demand for properties near the lake has seen a steady increase, indicating a vibrant market that appeals to both local and out-of-state buyers. As of recent months, there has been notable interest in waterfront properties, leading to rising prices in that segment.

Home Value Estimator For Vermilion, OH

There are currently 7,007 real estate properties in Vermilion, OH, with a median automated valuation model (AVM) price of $258,220.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Vermilion, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Vermilion, OH, is $307,235.00, with the most expensive house in Vermilion, OH, topping out at $6,073,571.00 and the cheapest home in Vermilion, OH, clocking in at $20,528.00. In other words, there’s something for every potential homebuyer or savvy investor in Vermilion, OH!

Rent Prices In Vermilion, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vermilion, OH, is on a rollercoaster ride. The average rent price in Vermilion, OH, is $1,276.00. Indeed, when looking to rent in Vermilion, OH, you can expect to pay as little as $580.00 or as much as $2,420.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Vermilion, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Vermilion, OH Preforeclosure Homes


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