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Vermillion, Real Estate

Vermillion is named after the Sioux words for "red stream" and is situated in the southeast corner of South Dakota, within easy reach of Iowa and Nebraska. The city of about 10,000 prides itself on its friendly people, educational excellence and historical and cultural attractions.

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Vermillion, Information

Housing is affordable in Vermillion. The average home price is around $121,000 and the city offers a wide range of housing styles. Home appreciation rates are around 6% over the last year or so. Vermillion has also received praise for its efforts in addressing housing needs for its residents and newer housing is plentiful.

This part of South Dakota also prides itself as a good place to do business - a business owner in the state doesn't pay any property tax or corporate income tax. And Clay County offers a reduced tax program that encourages development and growth throughout the area. Vermillion offers several industrial and business park properties located just north of the city.

Vermillion is also home to the University of South Dakota, the state's oldest institute of higher education. USD is routinely considered to be one of the country's best value colleges and one of the top doctoral institutions in the country. It's also home to the state's only College of Fine Arts and school of Medicine and the unique Shrine to Music Museum - one of the best in the world.

The attractive campus occupies over 200 acres around downtown and the more than 8000 students give Vermillion much of its character and ensure there are always plenty of cultural and sporting events. Downtown Vermillion - which is on the National Register of Historic Places - caters to students and other visitors with its selection of restaurants, pubs and specialty shops.

The great outdoors is also within easy reach of Vermillion. The city is located on top of a bluff overlooking the Missouri River and the nearby stretch of river has been designated as a national recreational river. The area offers sandy beaches, plenty of biking and walking trails and is also a habitat for several endangered fish and bird species.

In 2009, Vermillion celebrates the 150th anniversary of its founding - and the city looks forward with confidence to its next 150 years.

Broker Reciprocity

The data relating to real estate for sale on this web site comes in part from the REALTOR® Association of the Sioux Empire, Inc. Real estate listings held by brokerage firms other than the Sioux Falls Real Estate Group Hegg Realtors are marked with the IDX logo. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sioux Falls Real Estate Group Hegg Realtors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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