$615,000
- 15 Beds
- 6 Baths
- 5,275 Sq Ft
1203-09-15 E Cherry, Vermillion, SD 57069
1203-09-15 E Cherry, Vermillion, SD 57069
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Vermillion, SD Multifamily Homes & Duplexes for Sale
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$439,000
- 12 Beds
- 8 Baths
- 5,177 Sq Ft
25 Prospect St Unit 1-7, 23, Vermillion, SD 57069
25 Prospect St Unit 1-7, 23, Vermillion, SD 57069 -
$250,000
- 5 Beds
- 2 Baths
- 1,916 Sq Ft
422 N Dakota St, Vermillion, SD 57069
422 N Dakota St, Vermillion, SD 57069
About Vermillion
Vermillion is a vibrant college town with strong public transportation and many shops, restaurants, and museums that are walkable or bikeable from homes. It affords an outdoor lifestyle with a popular golf course, annual events, and college football. With an enrollment of nearly 10,000 students, the University of South Dakota accounts for a large student population in the city. However, Michelle Maloney, broker and owner of Maloney Real Estate with 16 years of experience selling in the area, says that has changed during the past 10 years. Sanfo ...
Home Trends in Vermillion, SD
On average, homes in Vermillion, SD sell after 48 days on the market compared to the national average of 47 days. The average sale price for homes in Vermillion, SD over the last 12 months is $296,574, up 15% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$272,250
Median Single Family Price
$277,500
Median Townhouse Price
$303,500
Average Price Per Sq Ft
$144
Number of Homes for Sale
29
Last 12 months Home Sales
100
Months of Supply
3.50
Median List Price
$285,900
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
17%
In Vermillion, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $250,000 to $615,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Vermillion is $285,900, while the average sale price is $296,574, offering insights into the local housing market. On average, multi-family homes spend 48 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Vermillion, SD.
Vermillion Types of Homes for Sale
More About Living in Vermillion
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