The story of this market
The typical home in ZIP 57069 sells for about $289,900, or $175 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $768 a month.
ZIP 57069 — Vermillion
The housing market in 57069 remains stable, characterized by moderate price growth and consistent demand driven by the university presence. Inventory levels are relatively tight, leading to a balanced market where homes sell at a steady pace. The area's affordability compared to larger urban centers continues to attract local buyers and investors.
This ZIP is well-suited for university-affiliated families, faculty, and local professionals seeking a stable, small-town environment with access to regional amenities.
Median prices moved up 2.1% year over year.
Homes spend a median of 45 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.9% · poverty 22.5% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 57069, Clay County SD
Crime rates in Vermillion are generally lower than the national average, with property crime being the most frequently reported incident type.
The Vermillion School District serves the area and is generally regarded as providing stable educational outcomes for the local student population.
The area faces moderate risks from severe thunderstorms and occasional flooding near the Missouri River, with standard insurance coverage typically available.
Economic momentum is anchored by the University of South Dakota, which serves as a major employer and driver of local infrastructure and development.
Property taxes are assessed by Clay County based on local mill rates; South Dakota does not impose a state-level personal income tax.
The area is primarily car-dependent, with most residents commuting locally within Vermillion or to nearby regional employment hubs via SD-50.
Residents have access to Prentis Park, the Missouri River for water activities, and various local trails and golf facilities within the city limits.
The rental market is heavily influenced by the university student population, leading to consistent demand and seasonal vacancy fluctuations.
The economy is heavily driven by the University of South Dakota, healthcare services, and local government administration.
Development is focused on infill projects and university-related infrastructure improvements.
Parcels are subject to Vermillion School District and Clay County tax levies.
Standard property insurance is available, though premiums may reflect regional weather-related risk profiles.
Data retrieved from Census Bureau ZCTA-level tables for 57069.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Major anchor institution providing cultural and athletic events.
Central community park with recreational facilities.
Provides access to boating, fishing, and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.