Why Live in Vermillion
Vermillion, South Dakota, is a lively college town known for its walkable and bikeable environment, with a variety of shops, restaurants, and museums easily accessible from residential areas. The University of South Dakota, with nearly 10,000 students, significantly influences the town's dynamic atmosphere. Local employment opportunities at Sanford Health and Polaris Industries attract both graduates and new residents. Vermillion offers an outdoor lifestyle with amenities such as The Bluffs, an 18-hole golf course, and around 90 acres of parkland, including Prentis Park with its renovated pool and water slide. The National Music Museum on the USD campus is a cultural highlight, featuring an extensive collection of instruments and live music events. Housing options in Vermillion range from apartments and historic homes near the USD campus to new constructions in areas like Bliss Pointe and Jack Powell Addition. The town's Main Street, recently renovated, hosts a variety of local businesses, dining options, and entertainment venues, with events like Thursdays on the Platz showcasing local music and cuisine. Vermillion's crime rates are below state and national averages, contributing to its appeal. The town is well-connected with public transportation, including bus routes to Sioux Falls and Sioux City, and is about 45 miles from Sioux Gateway Airport.
Home Trends in Vermillion, SD
On average, homes in Vermillion, SD sell after 69 days on the market compared to the national average of 70 days. The median sale price for homes in Vermillion, SD over the last 12 months is $250,000, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$250,000
Median Single Family Sale Price
$259,900
Median Townhouse Sale Price
$365,000
Average Price Per Sq Ft
$149
Number of Homes for Sale
13
Last 12 months Home Sales
118
Median List Price
$275,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-15%