Zip 55085 (Vermillion, MN) Housing

The housing market in 55085 Vermillion, MN is more affordable than the national median value of $338,100 with a median value of $294,000. In addition, while the one year appreciation rate for US houses was 8.27%, Vermillion saw a slightly lower appreciation rate of 6.66%. This shows that the area's housing market is not overinflated compared to the rest of the country and makes it an attractive option for potential homebuyers looking for a great deal.

The median home cost in Vermillion (zip 55085) is $294,000. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Vermillion (zip 55085) is up 12.2%.

Average Age of Homes

- The median age of Vermillion (zip 55085) real estate is 46 years old

The Rental Market in Vermillion (zip 55085)

- Renters make up 12.4% of the Vermillion (zip 55085) population
- 0.0% of houses and apartments in Vermillion (zip 55085), 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	Vermillion, Minnesota	United States
	170.0	139,647,020.0
	48	42
	$294,000	$338,100
	12.2%	16.6%
	47.9%	57.0%
	94.0%	101.1%
	$10.79	$10.98
	$2,422	$2,690
	90.6%	57.4%
	0.0%	11.2%
	9.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	3.9%	4.5%
	1.3%	11.3%
	16.2%	13.0%
	51.3%	20.1%
	22.7%	13.6%
	4.5%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.5%	13.6%
	3.5%	13.6%
	4.1%	13.6%
	23.5%	13.2%
	28.2%	14.8%
	4.1%	13.6%
	17.1%	10.0%
	2.9%	4.7%
	5.3%	12.2%

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