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VERMILION, OH 44089

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 44089

Axtel (Axtell) · Beulah Beach (Beula Beach) · Blue Bird Beach (Bluebird Beach) · Bluebird Beach · Brownhelm · Brownhelm Station · Downtown Vermilion (Main Street) · Elberta Beach · Harbour Town (Harbour Town 1837 Historic District) · Heidelberg Beach (Heidleberg Beach) · Joppa (Jopa) · Linwood Park · Mitiwanga · Orchard Beach · Sunnyside · Vermilion (Vermillion) · Vermilion Lagoons (The Lagoons) · Vermilion Township (Vermillion Township) · Vermilion-on-the-Lake (Vermilion on the Lake) · Volunteer Bay

Market Analysis

Data as of February 2026. Source: Realtor.com.

The VERMILION, OH real estate market (44089) currently shows 92 active listings, with 43 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 53 days on market compared to 41 days last year.

The median listing price has fallen 28.9% year-over-year, from $682,500 to $485,500.

Whether you are buying or selling in VERMILION, OH, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 15,788  ·  Density: 176.3/mi²  ·  Median household income: $71,781

Typical home value: $182,978  ·  Homeownership: 80.3%

Market Overview

Active Listings
92
⇧ 46% vs 63 last year
Pending
43
47% pending ratio
Median Price
$485,500
⇩ 28.9% vs $682,500 last year
Average Price
$695,597
⇩ 19.2% vs $861,130 last year
Days on Market
53
⇧ 29.3% vs 41 days last year

Price Per Square Foot

Median $/sqft
$278
⇧ 4.5% vs $266/sqft last year
Median Home Size
2,323 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 92 this year vs 63 last year
  • Days on market: 53 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $485,500 (-28.9% YoY)
  • Average: $695,597 (-19.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.8 miles — 548 listings ($191,049,469 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
44089Vermilion, OH 440890.0 mi83$57,998,740$482,000$698,780
44814Berlin Heights, OH 448147.2 mi8$5,012,800$437,500$626,600
44049Kipton, OH 440499.0 mi2$130,000$65,000$65,000
44889Wakeman, OH 448899.9 mi12$5,899,056$404,450$491,588
44052Lorain, OH 4405211.5 mi87$17,324,397$156,450$199,131
44035Elyria, OH 4403512.3 mi156$35,926,800$225,000$230,300
44846Milan, OH 4484613.6 mi4$2,740,000$685,000$685,000
44050Lagrange, OH 4405015.6 mi18$6,732,360$399,900$374,020
44090Wellington, OH 4409016.9 mi26$7,840,300$266,950$301,550
44870Sandusky, OH 4487018.3 mi112$33,596,416$223,000$299,968
44044Grafton, OH 4404418.8 mi16$7,886,112$399,900$492,882
44851New London, OH 4485119.7 mi16$7,564,224$475,000$472,764
44824Castalia, OH 4482422.8 mi8$2,398,264$288,950$299,783

Frequently Asked Questions

How many homes are for sale in VERMILION, OH 44089?

As of February 2026, there are 92 active listings in VERMILION, OH (zip code 44089), compared to 63 the prior year.

What is the median home price in VERMILION, OH 44089?

The median listing price in VERMILION, OH 44089 is $485,500 as of February 2026, a 28.9% decrease from $682,500 the prior year.

How long do homes stay on the market in VERMILION, OH?

Homes in VERMILION, OH 44089 spend an average of 53 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in VERMILION, OH 44089?

Based on current inventory and days-on-market data as of February 2026, VERMILION, OH 44089 is currently a Buyer's Market. Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 53 days on market compared to 41 days last year.

How much can I save on real estate commission in VERMILION, OH?

With SELL123.com's maximum 3% commission, sellers in VERMILION, OH 44089 save an estimated $9,710 compared to a typical 5% commission on the median listing price of $485,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.