A+
55%
Med. Home Val. NAT. AVG.
21%
Rent NAT. AVG.
12%
Owner Occ. NAT. AVG.

Velma Housing Information

IndexVelmaOklahomaNational
Median home price$146,733$215,435$326,622
Median rent asked$1,134$1,141$1,444
Avg. people per household2.72.62.6
Owner occupied households71.1%65.7%63.6%
Renter occupied households28.9%34.3%36.4%
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Housing Quick Facts

  • The median home price in Velma is 55% lower than the national average.
  • The median rent asked in Velma is 21% lower than the national average.
  • The average number of people per household in Velma is 5% higher than the national average.
  • The number of owner occupied households in Velma is 12% higher than the national average.
  • The number of renter occupied households in Velma is 21% lower than the national average.

Most Affordable Places to Live in and Around Velma

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Compare Velma, OK Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Ratliff City, OK156$0100%
      Loco, OK87$81,23575%
      Tatums, OK173$102,09769%
      Bray, OK1,084$238,44327%
      Foster, OK318$287,08612%
      Velma, OK664$146,73355%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Cherry Grove, WA664$1,092,489234%
      Waldron, IN664$177,39446%
      Halaula, HI664$662,378103%
      Fielding, UT664$354,8169%
      Oretta, LA664$0100%
      Velma, OK664$146,73355%
      Source: The Velma, OK housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.