Metropolitan market · South Dakota · June 2026 data

Vermillion Real Estate Market

The Vermillion, SD housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Vermillion report in a click.

Median listing price
$356,150
▲ 13.1% YoY
Median $ / sq ft
$160
2,212 sq ft median
Median days on market
62
June 2026
Active listings
50
For sale now
New listings
10
June 2026
Listings with price cuts
34%
Share of active
Median sale price (closed)
$280,000
▲ 8.7% YoY · closed sales
Sale-to-list ratio
96.3%
Closed sales
Homes sold / month
9
Closed sales
Median listing price trend
$377K$355K$333K$312K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Vermillion SD · trailing 8 quarters · source: public records and industry data.

The 10-year view
$382K$331K$279K$227K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Vermillion SD · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
50
New this month
10
Pending
5
Price-reduced
16

As of June 2026, the median home listed in Vermillion, SD asks $356,150 — up 13.1% from a year ago. Homes are taking a median of 62 days to go under contract, and 34% of the 50 active listings have taken a price cut, which points to a balanced market. Figures cover the Vermillion, SD metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
22/100
#902 of 932 covered metros
12-month outlook
-4.6%
▼ Cooling · model output, not advice
Momentum
38
Value
28
Rental yield
9
Supply risk
92
Market heat
20

Vermillion scores 22/100 on our composite Investor Score (#902 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 161% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 13.1% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Vermillion ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,605/mo
−$183/mo vs today
At today's rate · 6.43%
$1,788/mo
National weekly average
If rates rise 1% · 7.43%
$1,979/mo
+$191/mo vs today

Principal & interest on the $356,150 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
19
▼ 32.1% vs 2024
1.3 per 1,000 residents
Net migration (2022–2023)
-55
▼ people, via tax-return records
net income flow −$4.16M/yr
Natural-hazard risk
Very Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Vermillion market FAQs

What is the median home price in Vermillion?
As of June 2026, the median listing price in Vermillion, SD is $356,150, up 13.1% year over year (source: public records and industry data). Figures cover the Vermillion, SD metro area.
How fast are homes selling in Vermillion?
The median property in Vermillion spends 62 days on the market, with 50 homes actively listed and 34% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Vermillion?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Vermillion and the wider South Dakota market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Vermillion, SD metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.