The housing in Vermillion, IN County is very affordable compared to the rest of the United States. The median value for a house in Vermillion, IN County is $109,700, which is significantly lower than the US median value of $338,100. Furthermore, house appreciation in Vermillion, IN County has been greater than the national average at 11.53% over the past year whereas nationwide appreciation was 8.27%. This suggests that housing prices are rising quicker in Vermillion County than in other parts of the country and may be a great opportunity for potential home buyers.
The median home cost in Vermillion County is $109,700. Home appreciation the last 10 years has been 70.5%. Home Appreciation in Vermillion County is up 15.2%.
Average Age of Homes
- The median age of Vermillion County real estate is 61 years old
The Rental Market in Vermillion County
- Renters make up 18.2% of the Vermillion County population
- 0.8% of houses and apartments in Vermillion County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.