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Housing in Vermillion

A typical Vermillion home is worth roughly $221,000

Typical home value
$221K
IL $298K
Estimate
2-bedroom rent
$990
a month, utilities in · HUD
Median tax bill
$3,933
IL $5,298

What kind of housing town is Vermillion?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

99% of Vermillion households own their home

Half of Vermillion’s homes were built before 1985.

Owners and renters
Own 99%Rent 2%

Illinois: 67% own.

1985
typical home built · IL 1971
$3,933
median property tax bill · IL $5,298

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Affordability

What it takes to buy in Vermillion

Try your own numbers below.

You could afford about
$280,000
Typical Vermillion home $221K

That covers a typical Vermillion home, with $59K to spare.

The typical home, each month
$1,530
Loan $1,090Tax $370Insurance $60

A two-bedroom rents for about $990 a month here, $540 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Illinois typical property tax (2.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $990

Fair Market Rent a month, utilities included

Studio$710
1 bedroom$750
2 bedrooms$990
3 bedrooms$1,310
4 bedrooms$1,550
2%
of households rent · IL 33%
2
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (La Salle County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Vermillion vs. its neighbors

Vermillion is the priciest of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Vermillion$221K*—$990$74,375
Deer Park—+14.1%†$1,010$91,429
Farm Ridge$169K*—$1,060$76,382
Richland—+18%†$990$90,500
Eden$135K*+11.1%†$980$81,786
Eagle$153K*+18%†$970$54,306

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Vermillion buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Vermillion still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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