Is Vermillion County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vermillion County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Vermillion County has remained a Seller's Market.

Key Takeaway

Vermillion County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Vermillion County, IN

How much do homes in Vermillion County, IN cost?

Median Sold Price

$219,071

$104/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$64,071(+41.3%)

Key Takeaway

Homes in Vermillion County have sold for 41.3% more than they did a month ago.

Summary: The median home sold price in Vermillion County was $219,071 in April 2024, up 41.3% from last month, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $25K-
N/A
3 $176K$137.2K
-22.0%
4 -$319.5K
N/A
5+ $163K-
N/A

Summary: Vermillion County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Vermillion County
+41.3%
Vermilion County
-9.3%

Housing Supply in Vermillion County, IN

How many homes are available in Vermillion County, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2120-4.8%

Summary: The Vermillion County real estate market had 20 homes for sale in April 2024, a 4.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 66
0.0%
3 76
-14.3%
4 44
0.0%
5+ 22
0.0%

Summary: The Vermillion County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vermillion County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Vermillion County in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Vermillion County, IN

How long does it take to sell a home in Vermillion County, IN?

Average Sale Time

Mar 2024Apr 2024CHANGE
106 Days54 Days-49.4%

Summary: Homes in Vermillion County had an average of 54 days on market in Apr 2024, down by 49.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Vermillion County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Vermillion County; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Vermillion County, IN

Nearby Markets to Vermillion County, IN

What housing markets are near Vermillion County, IN?