House Prices

House Prices & Home Values Vermilion, IL 2026


Average Data

average house price$106,437
average size per house1478 ft²
average price per ft²73 $ / ft²

04/18/2026 - The value range (VR) for house prices in Vermilion, IL is $66/ sqft to $66/ sqft. An average home with 1478 sqft costs approximately $97,548 to $97,548. Vermilion, IL includes 1 ZIP codes and it is located in Edgar county. The lowest prices are found in ZIP 61955, while the highest are in ZIP 61955. The average price per sqare feet is $73. Our analysis is based on 26 property listings.

Avergage prices by ZIP codes Vermilion

6195561 $ / ft²




Historical development of home values in Vermilion

Year Estimated value (USD) Change vs. 2025
2010 $49,431 -53.6%
2011 $47,520 -55.4%
2012 $47,392 -55.5%
2013 $49,163 -53.8%
2014 $51,608 -51.5%
2015 $54,257 -49.0%
2016 $57,088 -46.4%
2017 $60,169 -43.5%
2018 $63,496 -40.3%
2019 $66,440 -37.6%
2020 $69,875 -34.4%
2021 $79,475 -25.3%
2022 $92,650 -13.0%
2023 $97,703 -8.2%
2024 $103,356 -2.9%
2025 $106,437 0.0%

Graph: estimated home values in Vermilion over time (USD)



Example: 100% financing house in Vermilion

Loan amount: $106,437

Interest rate: 6.00%

Fixed monthly payment: $638.14

Breakdown in the 1st month:
Interest portion: $532.19  –  Principal portion: $105.96

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,350.66 $1,307.06 $105,129.94
2 $6,270.05 $1,387.68 $103,742.27
3 $6,184.46 $1,473.26 $102,269.00
4 $6,093.59 $1,564.13 $100,704.87
5 $5,997.12 $1,660.60 $99,044.27
6 $5,894.70 $1,763.03 $97,281.24
7 $5,785.96 $1,871.77 $95,409.47
8 $5,670.51 $1,987.21 $93,422.26
9 $5,547.94 $2,109.78 $91,312.48
10 $5,417.82 $2,239.91 $89,072.58
11 $5,279.66 $2,378.06 $86,694.52
12 $5,132.99 $2,524.73 $84,169.78
13 $4,977.27 $2,680.45 $81,489.33
14 $4,811.95 $2,845.78 $78,643.56
15 $4,636.43 $3,021.30 $75,622.26
16 $4,450.08 $3,207.64 $72,414.61
17 $4,252.24 $3,405.49 $69,009.13
18 $4,042.20 $3,615.53 $65,393.60
19 $3,819.20 $3,838.53 $61,555.07
20 $3,582.45 $4,075.28 $57,479.80
21 $3,331.09 $4,326.63 $53,153.17
22 $3,064.23 $4,593.49 $48,559.68
23 $2,780.92 $4,876.81 $43,682.87
24 $2,480.13 $5,177.60 $38,505.27
25 $2,160.78 $5,496.94 $33,008.34
26 $1,821.74 $5,835.98 $27,172.36
27 $1,461.79 $6,195.93 $20,976.43
28 $1,079.64 $6,578.08 $14,398.35
29 $673.92 $6,983.80 $7,414.55
30 $243.18 $7,414.55 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Vermilion, IL


1500 sqft3900 sqft
Ø selling price$132,496$281,853
Ø fast selling$120,451$253,668
Ø high price sale$144,540$310,039

In 2026, houses in Vermilion, IL will be offered at an average price of $73 per square foot. A 1,500 sqft home priced at $132,496 is 21.09% more expensive per square foot than a 3,900 sqft home priced at $281,853. Home prices in Vermilion, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $195,130. Sellers who can wait longer may achieve a higher price of up to $238,492.


Discover Vermilion, IL

Vermilion, IL is a small community in east-central Illinois near the Indiana state line, offering classic Midwestern charm. Visitors and residents enjoy a quiet rural setting with easy access to larger hubs in the Wabash Valley region.
The area?s scenic prairies and rivers create a relaxed backdrop for everyday life.

Lifestyle & Attractions

Outdoor enthusiasts will find plenty of things to do in Vermilion, IL, from nearby trails and fishing spots to wildlife areas that showcase Illinois? natural beauty. Locally owned shops and eateries reflect the town?s friendly spirit and make Vermilion, Illinois a welcoming stop for road trippers. Seasonal festivals, youth sports, and community gatherings highlight the pride and traditions that define small-town living.

Economy & Housing

The local economy blends agriculture, services, and small enterprises, while the cost of living stays budget-friendly for families and retirees. Homebuyers searching Vermilion IL real estate will find open space, value, and a slower pace without sacrificing essential amenities.

Travel Tips

Vermilion, IL is convenient to regional highways, making day trips to nearby cities and attractions straightforward. Plan your visit around the pleasant spring and fall weather for the best mix of sightseeing, outdoor activities, and community events.



FAQ – Home Values in Vermilion

What is the median home value in Vermilion in 2026?

In 2026, the typical home value in Vermilion is about $106,437 for an average home size of 1478 square feet. This corresponds to an average price of roughly $73 per square foot.

What is the average cost per square foot in Vermilion?

In 2026, homes in Vermilion sell for an average of around $73 per square foot, with a typical range between $66 and $66 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Vermilion is about 1478 square feet, with an estimated 2026 value around $106,437.



Locations close to Vermilion, IL

Villa Grove, IL76 $ / ft²
Windsor, IL65 $ / ft²
Alhambra, IL160 $ / ft²
Tuscola, IL75 $ / ft²
Sullivan, IL70 $ / ft²
Redmon, IL37 $ / ft²
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