Market Overview
Home Prices in Vermillion, KS
The median home value in Vermillion, KS is $226,347 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10.2% compared to a year ago and up 8.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Vermillion are priced45% below average.
Over the past five years, Vermillion home values have risen by approximately67.2%, reflecting strong long-term appreciation in this market.
Price History
Vermillion Home Price Trend
2020
$114,764
$115K
—
2021
$135,401
$135K
+18.0%
2022
$168,763
$169K
+24.6%
2023
$171,178
$171K
+1.4%
2024
$188,920
$189K
+10.4%
2025
$205,469
$205K
+8.8%
2026
$226,347
$226K
+10.2%
City Comparison
Vermillion vs. National Median
🏠 Vermillion
$226,347
National Median
$410,000
At $226,347, homes in Vermillion cost 45% below the national median of $410,000. This makes Vermillion a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Vermillion?
20% Down Payment
$45,269
on $226,347
Monthly P&I
$1,180/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,499/mo
incl. taxes & insurance
Income Needed
$59,960
gross annual (30% rule)
10% Down Option
$22,635
+ PMI applies
Loan Amount (20% dn)
$181,078
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Vermillion, KS?
The median home value in Vermillion is $226,347 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10.2% year-over-year.
How much have home prices changed in Vermillion?
Over the past year, home values in Vermillion have increased by 10.2%. Over five years, prices have risen approximately 67.2%.
How much do I need to earn to buy a home in Vermillion?
To comfortably afford the median home price of $226,347 with a 20% down payment ($45,269) at today's rates (6.8%), you'd need a gross annual income of approximately $59,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Vermillion compare to the national average home price?
The national median home value is approximately $410,000. At $226,347, homes in Vermillion are 45% below the national average.