Vermillion, MN Foreclosures
How much do homes sell for in Vermillion, MN?
The average home price is currently $348,009.
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 $637,000.
What is currently the cheapest priced home in Vermillion, MN?
The cheapest home for sale in Vermillion is priced at $164,157.
Living in Vermillion, MN
Vermillion, MN, is a charming small town that offers a tight-knit community, beautiful natural surroundings, and various local amenities. Residents enjoy a quality lifestyle with access to education, outdoor activities, and a welcoming atmosphere. The town is an ideal place for those looking for a peaceful yet connected living experience.
Current Market Conditions in Vermillion, MN
The real estate market in Vermillion is characterized by a steady demand for homes, largely due to the town's appealing lifestyle and growing interest in rural living. Properties are often attractively priced, making it an ideal location for investors seeking affordable options.
Recently, there has been an increase in property values, driven by a growing population and interest in the area. Investors can target affordable single-family homes as well as larger properties suited for families or generational living.
Home Value Estimator For Vermillion, MN
There are currently 152 real estate properties
in Vermillion, MN,
with a median automated valuation model (AVM) price
of $338,965.00. 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 $348,009.00, with the most expensive house
in Vermillion, MN, topping out
at $637,000.00 and the cheapest home
in Vermillion, MN,
clocking in at $164,157.00. 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
