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Advertise here →Vermilion, OH · Market Data
Vermilion, Ohio real estate market data.
Real estate market data for Vermilion, OH (Lorain County) — Census median home value $172,000, county listing prices down about 8.0% over the past year.
Vermilion, OH is in Lorain County, Ohio — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 10,451, with a median household income of $73,052. Census data puts Vermilion's median home value at $172,000 (all owner-occupied homes); Lorain County's current median listing price runs $309,900, down about 8.0% over the past year.
At a glance
Vermilion market snapshot
Population
10,451
Median Household Income
$73,052
Median Home Value (city)
$172,000
Median Listing Price (Lorain County)
$309,900
Median Gross Rent
$1,123/mo
Price Trend (YoY)
-8.0%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Vermilion different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Vermilion's median home value — across all owner-occupied homes, not just recent sales — at $172,000. Separately, Lorain County's current median listing price (via Realtor.com data, 2026-06-01) runs $309,900. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Lorain County's FHFA house price index shows a 5.64% annual change in 2025.
Population & Income
Vermilion has an estimated population of 10,451 and a median household income of $73,052, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Vermilion's Census-reported median home value works out to about 2.4x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Vermilion FAQ
What are home values like in Vermilion, OH?
The Census Bureau's American Community Survey puts Vermilion's median home value at $172,000. Lorain County's current median listing price runs $309,900, down about 8.0% over the past year.
What is the population of Vermilion, OH?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Vermilion's population at approximately 10,451.
What's the median rent in Vermilion, OH?
The Census ACS estimates median gross rent in Vermilion at approximately $1,123 per month.
What is the median household income in Vermilion, OH?
Census ACS data puts the median household income in Vermilion at approximately $73,052.
Is the Vermilion housing market growing?
Lorain County's FHFA house price index shows a 5.64% annual change in 2025.
Is Vermilion, OH affordable relative to income?
Census ACS data puts Vermilion's median home value at about 2.4 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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