Vermilion County, IL Housing

The housing market in Vermilion, IL County is relatively strong. The median value of homes in the county is $78,900, well below the US median of $338,100. Despite this, the one-year appreciation rate for housing in Vermilion has stayed competitive with the rest of the country at 8.03%, just slightly lower than the national average of 8.27%. This indicates that there is a healthy demand for housing in Vermilion and that people are looking to invest there.

The median home cost in Vermilion County is $78,900. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Vermilion County is up 14.6%.

Average Age of Homes

- The median age of Vermilion County real estate is 63 years old

The Rental Market in Vermilion County

- Renters make up 26.2% of the Vermilion County population
- 3.3% of houses and apartments in Vermilion 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Vermilion, Illinois	United States
	34,626.0	139,647,020.0
	65	42
	$78,900	$338,100
	14.6%	16.6%
	36.8%	57.0%
	47.0%	101.1%
	$18.97	$10.98
	$1,550	$2,690
	60.8%	57.4%
	14.1%	11.2%
	25.1%	31.4%
Vacant Housing
	3.3%	1.9%
	0.1%	0.4%
	1.2%	0.7%
	8.2%	0.4%
	0.4%	3.6%
	0.9%	4.1%
Value of Owner-Occupied Housing
	6.2%	2.6%
	11.5%	2.4%
	14.6%	2.8%
	16.4%	3.9%
	13.7%	4.5%
	16.2%	11.3%
	10.5%	13.0%
	7.2%	20.1%
	1.6%	13.6%
	0.8%	8.3%
	0.9%	9.7%
	0.2%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.6%	13.6%
	4.6%	13.6%
	6.9%	13.6%
	8.0%	13.2%
	12.7%	14.8%
	6.9%	13.6%
	11.8%	10.0%
	6.5%	4.7%
	36.7%	12.2%

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