How much do homes in Vermilion County, IL cost?

Median List Price

$84,950

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$9,950(+13.3%)

Key Takeaway

The list price of homes in Vermilion County has increased by 13.3% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $35K$35K0.0%
2 $47.5K$54.9K+15.6%
3 $79K$92.5K+17.1%
4 $129.9K$146.2K+12.5%
5+ $148.5K$251.9K+69.6%

Median List Price Compared To Nearby Counties

Benton County
+28.5%
Vermilion County
+13.3%
Vermillion County
+6.4%
Champaign County
+1.4%
Warren County
-9.4%

How many homes are available in Vermilion County, IL?

Number of Homes For Sale

Jul 2021Aug 2021%
7977-2.5%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 01+100.0%
2 2322-4.3%
3 4035-12.5%
4 13130.0%
5+ 36+100.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
170 Days91 Days-46.5%

Breakdown of Home Sale Times

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Key Takeaway

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About Vermilion County, IL

Homes for sale in Vermilion County, IL have reached 77. In August 2021 in Vermilion County, IL there were 2.5% less homes for sale than in July 2021. In August 2021, listings were on the market for 91 days. During the same period, the median list price in this real estate market was $84,950. Listing prices have changed in this real estate market between July 2021 and August 2021: 1 bedroom properties did not move, prices of 2 bedrooms properties went up by 15.6%, the cost of 3 bedrooms properties went up by 17.1%, the cost of 4 bedrooms properties went up by 12.5%, prices of 5 bedrooms properties increased by 69.6%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went up by 100%, 2 bedrooms homes inventory decreased by 4.3%, number of 3 bedrooms homes decreased by 12.5%, the quantity of 4 bedrooms homes have not changed, volume of 5 bedrooms homes went up by 100%. In August 2021, from all listings sold in Vermilion County, IL there were more than 2 sold above asking price, over 13 sold below and more than 3 were sold right at the asked price.

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