Vermillion, SD Homes under $200,000

/3
$198,000
- 3 Beds
- 1 Bath
- 1,574 Sq Ft
418 N Plum St, Vermillion, SD 57069

Welcome to this adorable 3-bedroom, 1-bath cottage-style home that’s full of character and cozy charm! Ideally located near parks, the University of South Dakota, and great local restaurants. Offers hardwood floors on the main and wood -burning fireplace in the living room. You'll appreciate the recent updates, including a brand-new roof on both the home and garage and new refrigerator. The

Tonya Madsen Dakota Realty

418 N Plum St, Vermillion, SD 57069
/11
$155,000
- 1 Bed
- 1 Bath
- 936 Sq Ft
121 High St, Vermillion, SD 57069

This adorable 1-bedroom home with an extra office space is full of charm and updates! The kitchen and bathroom have been remodeled with new cabinets, counters, vanity, shower. Other updates include HVAC, water heater, landscaping, 2 new windows, new paint through out, new appliances make this house move in ready. You'll love the cozy touches like shiplap ceilings and wainscoting in the living

Jana Bye Dakota Realty

121 High St, Vermillion, SD 57069
/14
$185,500
- 4 Beds
- 2 Baths
- 1,728 Sq Ft
1209 E Cherry St, Vermillion, SD 57069

Commercial zoning, can be a residence or a business. Seller can deliver it vacant for owner occupied or rented for an investor. 4 bedrooms, 2 baths, lots of parking , usable unfinished basement. There is a small fenced area and lots of parking. Several updates. Can be purchased with 1203 E Cherry for good income until you develop it. Excellent new price.

Barbara Iacino Dakota Realty

1209 E Cherry St, Vermillion, SD 57069
/2
$189,500
- 4 Beds
- 2 Baths
- 1,825 Sq Ft
1203 E Cherry St, Vermillion, SD 57069

Commercial zoning. Can be a residence or a business. Currently rented til 5/31/2026 for $1650/mo. tenants pay all utilities. This is an updated 4 bedroom, 2 bath home with good sized bedrooms and lots of light. Close to USD campus, easy to rent. lots of parking. Can be purchased with 1209 E Cherry for potential development. This property provides so many options. Excellent new price.

Barbara Iacino Dakota Realty

1203 E Cherry St, Vermillion, SD 57069
/6
$125,000
- 2 Beds
- 1 Bath
- 925 Sq Ft
103 Franklin St, Vermillion, SD 57069

Affordable home with 2 bedrooms and 1 bath, plus a nice 2 stall garage. The home needs updating and would make a great opportunity for someone looking for an investment. The furnace, air conditioning, and water heater were updated in 2019. The seller is providing a $5,000 anything credit to the buyer at closing.

Kelly McKelvey Premier Real Estate and Property Management

103 Franklin St, Vermillion, SD 57069
/2
$139,500
- Land
- 0.82 Acre
- $170,122 per Acre
510 W Cedar St, Vermillion, SD 57069

This commercial lot offers excellent development potential in a desirable location. Please note: Access to this lot is contingent on purchasing a 50-foot frontage strip from the adjoining residential property. The current residential owner has agreed to sell this frontage strip at the same time as the commercial lot. The listed price reflects the cost of the commercial lot and the 50-foot

Hazen Bye Dakota Realty

510 W Cedar St, Vermillion, SD 57069
/2
$175,000
- Land
- 2.39 Acres
- $73,222 per Acre
TBD Tbd, Vermillion, SD 57069

This is a rare opportunity to purchase 2.395 acres of land to build on. Builders and Investors bring your imagination! There ae 5 parcels being offered for sale and beings sold together. The access is on Morse St. Zoned R2.

Kelly McKelvey Premier Real Estate and Property Management

TBD Tbd, Vermillion, SD 57069
/2
$150,000
- Land
- 4.40 Acres
- $34,091 per Acre
00000 453rd, Vermillion, SD 57069

Beautiful shelter belt on this triangle piece of land to build a new home. Takes years to have an established shelter belt. This has it!

Kris O'Connor Dakota Realty

00000 453rd, Vermillion, SD 57069

South Dakota Vermillion

Home Trends in Vermillion, SD

On average, homes in Vermillion, SD sell after 59 days on the market compared to the national average of 50 days. The median sale price for homes in Vermillion, SD over the last 12 months is $263,000, down 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$263,000

Median Single Family Sale Price

$272,250

Median Townhouse Sale Price

$365,000

Average Price Per Sq Ft

$146

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

3.50

Median List Price

$275,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-2%

How to Buy a Home How to Finance a Home How to Sell a Home

In Vermillion, you'll find a diverse selection of properties with 8 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Vermillion, SD.

Vermillion Types of Homes for Sale

More About Living in Vermillion

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