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Foreclosure Homes in Vermillion, MN

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Vermillion, MN Foreclosures

Current Market Conditions in in Vermillion, MN As of March 2026?
Over the past month, Vermillion has seen a slight increase in home prices as buyers continue to compete for the limited inventory available. Market activity has picked up, with more homes listed and a growing number of transactions occurring. Sellers are generally receiving close to asking prices due to this enhanced competition, making it a favorable time to sell. Additionally, interest rates remain relatively stable, further encouraging buyer participation in the market.
How much do homes sell for in Vermillion, MN?
The average home price is currently $342,130.
In Vermillion, MN, how many homes are available?
There are currently 1 active home listings available in Vermillion.
What’s the average rental cost in Vermillion, MN?
The average rental price in Vermillion is $1,772.
What is the most expensive home in Vermillion?
The most expensive home sold in Vermillion had a price of $648,355.
What is currently the cheapest priced home in Vermillion, MN?
The cheapest home for sale in Vermillion is priced at $140,160.

Living in Vermillion, MN

Vermillion, MN, is a quaint riverside community that offers a welcoming atmosphere and a mix of recreational activities. With convenient access to Hastings, residents enjoy both peaceful living and urban amenities. The area is known for its natural beauty, strong community ties, and excellent local schools.

Buyer vs Seller Market in Vermillion, MN

The real estate market in Vermillion is currently experiencing steady demand as more families and individuals seek to move to the area for its serene environment and community-oriented lifestyle. Homes are being sold relatively quickly, reflecting a competitive market where buyers are eager to secure their ideal property.

Recent trends indicate that home prices have been rising steadily, supported by the area's appeal and limited inventory. Properties often receive multiple offers, and the trend is likely to continue as more individuals discover the advantages of living in Vermillion.

Home Value Estimator For Vermillion, MN

There are currently 155 real estate properties in Vermillion, MN, with a median automated valuation model (AVM) price of $336,246.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Vermillion, MN, 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 Vermillion, MN, is $342,130.00, with the most expensive house in Vermillion, MN, topping out at $648,355.00 and the cheapest home in Vermillion, MN, clocking in at $140,160.00. In other words, there’s something for every potential homebuyer or savvy investor in Vermillion, MN!

Rent Prices In Vermillion, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vermillion, MN, is on a rollercoaster ride. The average rent price in Vermillion, MN, is $1,772.00. Indeed, when looking to rent in Vermillion, MN, you can expect to pay as little as $1,180.00 or as much as $2,820.00, with the average rent median estimated to be $1,740.00. The good news is that finding an affordable and desirable property to rent in Vermillion, MN -- 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.

Vermillion, MN Foreclosures

Market Trend for Vermillion, MN

Total Listings Available: 1

Market Values:

Home Prices from $140,160 to $648,355

Average Sales Price: $342,130

Rental Values:

Rental from $1,180 to $2,820

Average Rent Value: $1,772 / month

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