Vermillion, MN Home Values & Market Trends
Real estate market trends reflect that there have been 2 transactions over the past year in Vermillion. The median value for residential home transactions that occurred over the previous year is $385,312. The number of current listings in Vermillion is 3, and the percentage of properties for sale in the city is 3.00%. Vermillion, MN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 3 properties for sale.
Vermillion, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55085 | $ 385,312 $ 197/sqft |
Housing Market Summary for Vermillion, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $0 | $0 | - |
| Median Sold Price | $374.8K | $293K | -21.81% |
| Homes For Sale | 2 | 2 | - |
| Homes Sold | 2 | 3 | 50.00% |
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 Vermillion, MN
Browse Homes in Vermillion, MN
Vermillion home values range from $243,145 to $499,900. The median estimated value of a home in Vermillion is $385,312. The median list price of a home is 0, and the total count of properties in the city is 8.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Vermillion, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Vermillion, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Vermillion, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Vermillion, MN. There is 1 zips within Vermillion, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55085 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Vermillion, MN. Auction homes and other auction properties account for 12.50% of all properties in Vermillion, MN. There is 1 zips within Vermillion, MN; of that zips, the median estimated home value for homes going to auction ranges from $304,610 in 55085 to the lowest value of $304,610 in 55085.
Compare Nearby Cities
More Real Estate Resources for Vermillion, MN
Guide for Vermillion, MN
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.