Why Live in Vermilion
Vermilion, known as the “Small Town on a Great Lake,” is situated where Lake Erie meets the Vermilion River. This neighborhood boasts a rich history dating back to the early 1800s when it was established as a fishing village. Today, Vermilion thrives on industries such as commercial fishing, sandstone mining, shipbuilding, and logging, supported by over 120 trains serving its economy. Outdoor living is a cornerstone of life here, with residents enjoying over 16 public parks and 2,000 feet of Lake Erie shoreline. Main Street Beach & Park, marked by its historic lighthouse and rainbow Adirondack chairs, is a popular spot for swimming and sunset watching. Boaters have access to Port Authority docks and ramps, while cyclists explore Lorain County via the Back Roads & Beaches Bike Route. Housing styles include Colonial-inspired homes, Cape Cods, New Traditional houses, ranch-style homes, and bungalows, with options for both rural and suburban living. Downtown Vermilion is vibrant with boutique shops, locally owned restaurants, and year-round events, including the Woollybear Festival and Ice-A-Fair. The area experiences moderate weather, with Lake Erie providing a temperate climate. Property crime rates have steadily declined since 2018, making it safer than the national average. Vermilion is approximately 7 miles from Mercy Health Lorain Hospital and 33 miles from Cleveland Hopkins International Airport.
Home Trends in Vermilion, OH
On average, homes in Vermilion, OH sell after 31 days on the market compared to the national average of 50 days. The median sale price for homes in Vermilion, OH over the last 12 months is $264,000, up 15% from the median home sale price over the previous 12 months.
Median Sale Price
$264,000
Median Single Family Sale Price
$298,250
Median Townhouse Sale Price
$1,410,000
Median 2 Bedroom Sale Price
$1,165,000
Average Price Per Sq Ft
$242
Number of Homes for Sale
60
Last 12 months Home Sales
177
Median List Price
$340,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
15%
