37Alpha

Vermillion, SD metro area Housing Market Brief

metro · SD · as of August 2026

Buyer's

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 Momentum20%
-19.837
Inventory Health25%
+7.646
Affordability20%
-18.113
Economic Strength20%
75
Rental Yield15%
-9.96

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.

Vermillion, SD metro area housing market data

MetricValueYoY
Median Sale Price$347K▲ +10.7%
Median Days on Market74 days▲ +29.8%
Months of Supply4.3-17.3%
Homes for Sale70▲ +75%
Homes Sold17▲ +112.5%
Median Price / Sq Ft$148▲ +4.1%

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

Now: 37
12-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?

As of August 2026, Vermillion, SD metro area is classified as a Buyer's Market, based on its Alpha Score of 37 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Vermillion, SD metro area is $347K, having risen 10.7% over the past year.

How affordable is Vermillion, SD metro area?

Vermillion, SD metro area scores 13 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 Economic Strength (75/100) and its weakest is Rental Yield (6/100). The Alpha Score is a weighted blend of all five dimensions.

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.