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Foreclosure Homes in Vermillion, SD

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Vermillion, SD Foreclosures

How much do homes sell for in Vermillion, SD?
The average home price is currently $299,577.
In Vermillion, SD, how many homes are available?
There are currently 2 active home listings available in Vermillion.
What’s the average rental cost in Vermillion, SD?
The average rental price in Vermillion is $1,205.
What is the most expensive home in Vermillion?
The most expensive home sold in Vermillion had a price of $6,972,096.
What is currently the cheapest priced home in Vermillion, SD?
The cheapest home for sale in Vermillion is priced at $13,707.

Living in Vermillion, SD

Vermillion, SD, is a friendly community known for its distinctive character, historic charm, and affordability. Perfectly positioned along the Missouri River, residents appreciate the quality of life with access to education, amenities, and outdoor activities. Its welcoming community atmosphere makes it an excellent place for both families and individuals.

Current Market Conditions in Vermillion, SD

The real estate market in Vermillion is currently favorable for investors, reflecting a stable growth trend in housing prices. With an increasing number of people drawn to the area due to its affordable living and rich cultural offerings, demand for homes continues to rise. Investors can expect positive returns as property values appreciate steadily.

Factors such as the presence of the University of South Dakota contribute to a sustained interest in housing. The student population creates rental opportunities, and the demand for single-family homes remains strong as families seek the benefits of living in a close-knit community.

Home Value Estimator For Vermillion, SD

There are currently 3,134 real estate properties in Vermillion, SD, with a median automated valuation model (AVM) price of $254,329.00. 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, SD, 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, SD, is $299,577.00, with the most expensive house in Vermillion, SD, topping out at $6,972,096.00 and the cheapest home in Vermillion, SD, clocking in at $13,707.00. In other words, there’s something for every potential homebuyer or savvy investor in Vermillion, SD!

Rent Prices In Vermillion, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vermillion, SD, is on a rollercoaster ride. The average rent price in Vermillion, SD, is $1,205.00. Indeed, when looking to rent in Vermillion, SD, you can expect to pay as little as $640.00 or as much as $2,030.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Vermillion, SD -- 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, SD Foreclosures


Market Trend for Vermillion, SD

Total Listings Available: 2

Market Values:

Home Prices from $13,707 to $6,972,096

Average Sales Price: $299,577

Rental Values:

Rental from $640 to $2,030

Average Rent Value: $1,205 / month

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