Homes for Sale Under 400K in Vermilion, OH

47 Homes for Sale

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Vermilion, OH Housing Market Overview

Vermilion's housing market is evenly balanced between buyers and sellers. This creates fair negotiating conditions for both parties. With a 5-month supply of homes and properties spending 42 days on the market on average, both buyers and sellers have equal opportunity to achieve favorable outcomes.

Status

Balanced Market

Days on Market

42

Inventory

47

Aug 2021Mar 2024Mar 2026

Median Home Price

$185,000Down 0.23%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
47 Up 0.67%
Newly Listed Homes
15 Down 0.12%
Months of Supply
5 Up 3.10%

Housing Demand

Homes Sold
7 Down 0.00%
Sale-to-List Ratio
99.4% Up 1.49%
Homes Sold Above List
28.6% Up 10.39%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Vermilion Market Report
  • mls-img
    Based on information from the Northwest Ohio Real Estate Information Systems, Inc. Multiple Listing Service through Sep 5, 2026, 12:45 PM. All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2026 NORIS. All rights reserved.
  • mls-img
    Based on information from the Board/Association of REALTORS® (alternatively, from the Service) through Sep 5, 2026, 12:45 PM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than Houzeo are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed.
    Houzeo participates in MLS Now IDX program, allowing us to display other IDXP’s’ listings on our website. However, Houzeo does not display the entire MLS Now IDX database on this website. The listings of some real estate brokerage firms have been excluded. The photos may be altered, edited, enhanced or virtually staged. © 2025 Multiple Listing Service, Inc. All Rights Reserved

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Vermilion, OH Housing Marketlink qauare
Homes Available icon

47

Homes Available

Median List Price icon

$ 185,000

Median List Price

Avg on Market icon

42 Days

Avg on Market

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