Home prices
The value of the median home in Vermillion is $159,600. Compared to its surrounding areas this is about $56,560 (54%) higher.Compared to the rest of the country it is approximately $57,900 (26%) lower, and it is about $30,200 (15%) lower compared to the city of Sioux Falls.
Rents
In Vermillion the median rent is $740 a month. Compared to its surrounding areas it is about $105 (16%) higher.In comparison to the entire nation it is about $322 (30%) lower, and is approximately $87 (10%) lower compared to the city of Sioux Falls.
Nearby places
Newcastle
Newcastle is about 8 miles south of Vermillion. Its housing prices are a lot less expensive. The median home in Newcastle costs $66,400, which works out to $93,200 (140%) lower than Vermillion. Rents there are somewhat less expensive. In Newcastle the median monthly rent is $644, which is $96 (14%) lower than Vermillion.
Wynot
Wynot is about 10 miles west from Vermillion. The housing prices there are a lot less expensive. Wynot's median home price is $94,200, which works out to $65,400 (69%) lower than Vermillion. Rent there is a little less expensive. In Wynot the median rent is $642 per month, which is $98 (15%) lower than Vermillion.
Elk Point
Elk Point is roughly 12 miles southeast of Vermillion. The real estate prices there are a little less expensive. The median home value in Elk Point is $151,300, which works out to $8,300 (5%) lower than Vermillion. The rent there is a bit more expensive. The median monthly rent in Elk Point is $822, which works out to $82 (9%) higher than Vermillion.
Gayville
Gayville is approximately 12 miles northwest of Vermillion. Its real estate prices are a bit less expensive. The median home value in Gayville is $125,000, which works out to $34,600 (27%) lower than Vermillion. Rent there is a lot less expensive. The median rent in Gayville is $531 a month, which works out to $209 (39%) lower than Vermillion.
Westfield
Westfield is about 13 miles east of Vermillion. Housing prices there are substantially less expensive. The cost of the median home in Westfield is $78,300, which comes out to $81,300 (103%) lower than Vermillion. Its rents are significantly less expensive. The median rent in Westfield is $536 a month, which is $204 (38%) lower than Vermillion.
