44Alpha

Vermillion, SD metro area Housing Market Brief

metro · SD · score computed October 2026

Balanced

What is Vermillion, SD metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum—No data
—
Inventory Health31%
●65

Population band 1 of 5 (population 12,616–37,875) · comparable within its band

Affordability25%
●26
Economic Strength25%
-6.857
Rental Yield19%
●14

Where is Vermillion, SD metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Vermillion, SD metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Vermillion, SD metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Vermillion, SD metro area housing market data

MetricValueYoYSource
Median Sale Price$275K▲ +48.9%Redfin
Median Days on Market91 days▲ +167.7%Redfin
Months of Supply15.2▲ +245.5%Redfin
Homes for Sale63▲ +57.5%Redfin
Homes Sold4▼ -55.6%Redfin
Median Price / Sq Ft$196▲ +68.5%Redfin

How has Vermillion, SD metro area’s Alpha Score moved?

Now: 44
2-period trend
Median sale price · 12 mo

Markets like Vermillion, SD metro area

Frequently asked questions

Is Vermillion, SD metro area a buyer's or seller's market?

In the scores computed October 2026, Vermillion, SD metro area is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

Are home prices rising or falling in Vermillion, SD metro area?

The median sale price in Vermillion, SD metro area is $275K, having risen 48.9% over the past year, according to Redfin.

How affordable is Vermillion, SD metro area?

Vermillion, SD metro area scores 26 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Vermillion, SD metro area's Alpha Score?

Vermillion, SD metro area's strongest dimension is Inventory Health (65/100) and its weakest is Rental Yield (14/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

Want the live, interactive view of Vermillion, SD metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.