Vermilion, OH

Real estate in Vermilion, OH is a hot commodity. With a population of just over 10,000 people, the city has seen an influx of new residents and businesses in recent years. This has led to an increase in demand for housing and commercial space, which has driven up prices across the board.

Vermilion is located in southeastern Ohio just north of the Kentucky border. The city is situated on the banks of the Scioto River and is surrounded by rolling hills and farmland. The area has a long history as a farming community, but Vermilion has also become known for its manufacturing sector, including automotive parts and chemicals.

The city's economy is based largely on its proximity to major metropolitan areas such as Columbus and Cincinnati. However, Vermilion also benefits from its own strengths: strong business infrastructure, low taxes, and a well-educated workforce. These factors have helped make Vermilion one of the fastest-growing cities in Ohio over the past few years.

The city's real estate market is dominated by single-family homes and apartments. There are also a number of commercial properties available for lease or sale, including office space, retail stores, warehouses, and industrial facilities. Prices for residential properties range from around $100 per square foot to well over $1 million per acre; commercial properties can be priced anywhere from $25 per square foot to well over $200 per square foot.

Vermilion's real estate market is highly competitive; however, there are several factors that make it particularly attractive to buyers: strong economic growth prospects; low crime rates; excellent schools; close proximity to major metropolitan areas; ample supply of quality housing stock; and moderate price appreciation potential over time (due both to population growth and limited speculative activity).