Housing in Vermillion Metro Area, South Dakota

The median home cost in Vermillion Metro Area is $146,321. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Vermillion Metro Area is up 3.0%. Browse Vermillion Metro Area Real Estate

Average Age of Homes

- The median age of Vermillion Metro Area real estate is 44 years old

The Rental Market in Vermillion Metro Area

- Renters make up 43.6% of the Vermillion Metro Area population
- 0.8% of houses and apartments in Vermillion Metro Area, are available to rent

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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.

HOUSING	Vermillion, South Dakota	United States
Median Home Age	44	40
Median Home Cost	$146,321	$231,200
Home Appr. Last 12 months	3.0%	6.7%
Home Appr. Last 5 yrs.	23.1%	35.6%
Home Appr. Last 10 yrs.	33.9%	27.4%
Property Tax Rate	$15.43	$11.78
Property Taxes Paid	$2,258	$2,724
Homes Owned	46.4%	56.0%
Housing Vacant	10.0%	12.2%
Homes Rented	43.6%	31.8%
VACANT HOUSING
Vacant For Rent	0.8%	2.1%
Vacant Rented	2.1%	0.5%
Vacant For Sale	1.8%	1.0%
Vacant Sold	0.0%	0.5%
Vacant Vacation	2.5%	4.0%
Vacant Other	2.9%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	9.9%	3.5%
$20,000 to $39,999	4.8%	3.1%
$40,000 to $59,999	6.0%	3.9%
$60,000 to $79,999	4.5%	5.4%
$80,000 to $99,999	5.8%	6.3%
$100,000 to $149,999	20.4%	14.7%
$150,000 to $199,999	17.4%	14.6%
$200,000 to $299,999	20.4%	18.7%
$300,000 to $399,999	7.3%	11.0%
$400,000 to $499,999	1.2%	6.2%
$500,000 to $749,999	2.1%	7.0%
$750,000 to $999,999	0.0%	2.7%
$1,000,000 to $1,499,999	0.0%	1.5%
$1,500,000 to $1,999,999	0.1%	0.5%
$2,000,000 and over	0.0%	0.7%