Housing in Velva, ND
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — November 2025Median Sale Price
$235,000
Median List Price
N/A
Price Per Sq Ft
$85
Days on Market
12
Active Inventory
3
Months of Supply
3.0
Seller's market
Zillow Home Value
$207,344
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$85
Velva vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Velva is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$208,700
Median Rent
$755
Total Housing Units
448
Vacancy Rate
15.2%
Owner Occupied
75.5%
Renter Occupied
24.5%
Median Property Tax
$2,225
per year
Monthly Cost (w/ Mortgage)
$860
Housing Types
The current median sale price in Velva, ND is $235,000 according to Redfin data. Homes spend a median of 12 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $85. The median rent is $755 per month (Census ACS). About 75.5% of housing units are owner-occupied. The median year homes were built is 1968. There are 448 total housing units.