Vermillion, SD

Metro area in South Dakota · Updated Jan 2026

12-Month Forecast ↑ +3.7%

Median Home Value

$274,019

↑ +5.0%

Year-over-year

Median Rent

$1,000/mo

Year-over-year

Rental Yield

4.4%

Average yield

5-Year Appreciation

+46.4%

Active Listings

45

For-sale inventory

Price-to-Rent Ratio

22.8

Favors renting

Price Forecast

1 Month

↑ +0.8%

3 Months

↑ +1.7%

12 Months

↑ +3.7%

5-Year Price Trend

Calculate your mortgage for Vermillion, SD

See monthly payments for a $274,019 home →

Should you rent or buy in Vermillion, SD?

Price-to-rent ratio: 22.8x — Renting may be smarter. Run a full breakeven analysis with Vermillion, SD numbers pre-filled →

Frequently Asked Questions