Vermillion, MN Foreclosures
How much do homes sell for in Vermillion, MN?
The average home price is currently $348,562.
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 $658,141.
What is currently the cheapest priced home in Vermillion, MN?
The cheapest home for sale in Vermillion is priced at $136,933.
Living in Vermillion, MN
Vermillion, MN, is a quaint riverside community known for its scenic landscapes and friendly neighborhoods. It offers a range of amenities including parks, local shops, and easy access to larger urban areas. The town is perfect for families, outdoor enthusiasts, and anyone seeking a peaceful yet connected lifestyle.
Current Market Conditions in Vermillion, MN
The real estate market in Vermillion, MN, is currently experiencing a stable trend, with a modest growth in property values due to the town's desirable location and amenities. Buyers are drawn to the area's affordability compared to surrounding communities, leading to a steady demand for homes in various price ranges.
With the ongoing development of infrastructure and amenities, Vermillion remains an attractive option for first-time home buyers as well as retirees. The market has seen interest from both residential and investment buyers, making it a vibrant place for real estate opportunities.
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 $342,393.00. 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 $348,562.00, with the most expensive house
in Vermillion, MN, topping out
at $658,141.00 and the cheapest home
in Vermillion, MN,
clocking in at $136,933.00. 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.
Learn more on Foreclosure homes
