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Vermillion, SD

Full City Profile · South Dakota · Clay County County

3.4 /5.0
B Good
11,800 Population 2,463/sq mi density
$52,815 Median Income $24,675 per capita
$210,200 Home Value $268,591 Zillow
$728 Median Rent 25.8% income on rent
49°F Avg Temperature 291 sunny days/yr
194 Violent Crime/100K 1,929 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$52,815 median income, 7.0% unemployment
A
Affordability
4.4 / 5.0
$210,200 home value, $728/mo rent
F
Safety
1.0 / 5.0
194 violent crimes/100K
A+
Education
5.0 / 5.0
50.6% bachelor's degree or higher

Housing Overview

Median Home Value
$210,200
25% below
US avg: $281,900
Median Rent
$728/mo
37% below
US avg: $1,163/mo
Homeownership Rate
42.7%
35% below US avg (65.4%)
Total Housing Units
4,485
Median year built: 1979

Home Value by Source

Census Median
$210,200
Zillow (ZHVI)
$268,591
Median Sale Price
$215,000
Median List Price
$227,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

42.7%
Owner-Occupied
57.3%
Renter-Occupied
43%
57%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent: $728/mo · Zillow rent: $1,045/mo

Market Indicators (Redfin)

Median Days on Market
37 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
7
Price Drops
8.8%
of listings with price reduction
Price Per Sq Ft
$133
Active Inventory
34
homes for sale

Affordability & Housing Stock

Rent Burden
25.8%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
42.7%

Complete Housing Data

Home Values

Census Median Value$210,200
Zillow Home Value (ZHVI)$268,591
Median Sale Price$215,000
Median List Price$227,450
Price Per Sq Ft$133

Rent

Census Median Rent$728
Zillow Rent (ZORI)$1,045
FMR Studio$691
FMR 1-Bedroom$784
FMR 2-Bedroom$990
FMR 3-Bedroom$1,295
FMR 4-Bedroom$1,540

Market

Days on Market37
Sale-to-List Ratio0.9%
Price Drops8.8%
Homes Sold7
Active Inventory34
Price Per Sq Ft$133

Ownership & Stock

Owner-Occupied42.7%
Renter-Occupied57.3%
Homeownership Rate42.7%
Total Housing Units4,485
Median Year Built1979
Rent Burden25.8%