Land and home values in Vermillion, SD
Vermillion is a city in Clay County, South Dakota, home to about 11,878 people. Residential land runs about $2.92 per sq ft, the typical home is worth about $245,000, and a 2-bedroom rents for about $950 a month, as of October 12, 2026.
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| Land: residential | $2.92 | per sq ft |
| Land: residential | $127,065 | per acre |
| Land: quarter-acre lot | $31,766 | 10,890 sq ft |
| Home: typical (median) | $245,000 | value |
| Home: entry-level | $142,000 | lower quartile |
| Home: upper-end | $252,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $725 | per month |
| Rent: 2-bedroom | $950 | per month |
| Rent: 3-bedroom | $1,310 | per month |
| Rent: 4-bedroom | $1,590 | per month |
| Gross yield, 2-bed | 4.7% | a year |
Questions people ask
How much is land worth in Vermillion, SD?
Residential land in Vermillion, SD is about $2.92 per square foot, or $127,065 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $31,766. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Vermillion, SD?
The typical (median) home in Vermillion, SD is worth about $245,000, with entry-level homes around $142,000 and upper-end homes around $252,000, as of October 2026.
How much is rent in Vermillion, SD?
A 2-bedroom rents for about $950 a month in Vermillion, SD, a 1-bedroom about $725 and a 3-bedroom about $1,310 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.