Vermilion, OH Home Values & Market Trends
Real estate market trends reflect that there have been 330 transactions over the past year in Vermilion. The median value for residential home transactions that occurred over the previous year is $298,741. The number of current listings in Vermilion is 267, and the percentage of properties for sale in the city is 267.00%. Vermilion, OH currently has 23 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 267 properties for sale.
Vermilion, OH Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 44089 | $ 298,741 $ 182/sqft |
Housing Market Summary for Vermilion, OH
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $279K | $319.4K | 14.50% |
| Median Sold Price | $267K | $298.1K | 11.69% |
| Homes For Sale | 143 | 262 | 83.22% |
| Homes Sold | 190 | 131 | -31.05% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Vermilion, OH
Browse Homes in Vermilion, OH
Vermilion home values range from $67,231 to $5,900,000. The median estimated value of a home in Vermilion is $298,741. The median list price of a home is 319,450, and the total count of properties in the city is 442.
- Pre-ForeclosurePre-foreclosure homes account for 4.30% of all residential properties in Vermilion, OH with 44089 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Vermilion, OH; of that zips, the estimated home value for pre-foreclosure homes ranges from $538,175 in 44089 to the lowest home value of $110,855 in 44089.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Vermilion, OH ranges from the highest value of $218,664 in 44089 to the lowest value of $218,664 in 44089. Bank owned homes and properties account for 0.23% of properties in Vermilion, OH. There is 1 zips within Vermilion, OH; 44089 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions44089 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Vermilion, OH. Auction homes and other auction properties account for 0.68% of all properties in Vermilion, OH. There is 1 zips within Vermilion, OH; of that zips, the median estimated home value for homes going to auction ranges from $521,568 in 44089 to the lowest value of $242,561 in 44089.
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Guide for Vermilion, OH
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
