Vermillion, SD Real Estate

According to census data in the year 2000 there were 3,956 housing units in Vermillion. This represents a 15.4% growth from 3,428 in 1990.

Of those housing units, 3,911 were located in either urbanized areas or urban clusters, and 45 were located in what is classified as a rural area.

Homeownership rate in Vermillion is about 46.1%. Vermillion's vacancy rate, including seasonal lodging, is about 8%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Vermillion were built after 1969.


Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom16.10%
Two Bedrooms36.90%
Three Bedrooms26.10%
Four Bedrooms13.90%
Five Bedrooms or more4.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1967
Median Value of occupied units$83,700
Median Price asked for vacant units$38,400

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1970
Median Monthly Rent asked for vacant units$388

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.90%
Home Equity Loan5.60%
Simple Mortgage51.40%
Debt Free38%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%