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Velma Real Estate Market Facts

  • $82,900Median home price
    32% lower than Oklahoma
  • $556Median rent asked
    25% lower than Oklahoma
  • 76.9%Home owners
    17% higher than Oklahoma
  • 2.7People per home
    5% higher than Oklahoma

Velma Home Affordability

  • $82,900Median home price
    32% lower than Oklahoma
  • $65,000Median home income
    35% higher than Oklahoma
  • 1.3xHome price to income ratio
    49% lower than Oklahoma

Velma Affordability Calculator

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Velma Mortgage Calculator

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Velma Demographics

  • 671Population
  • 478People / sq mile
  • 31.7Median age
  • 1.0:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Tatums, OK136$33,50082%
Loco, OK133$38,80079%
Ratliff City, OK127$73,80060%
Bray, OK1,336$105,20043%
Foster, OK141$206,30012%
Velma, OK671$82,90055%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Queen City, MO671$46,60075%
Kivalina, AK671$91,30051%
Lower Brule, SD671$40,30078%
Ridgeside, TN671$267,90045%
Mayersville, MS671$0100%
Velma, OK671$82,90055%
Source: The Velma, OK housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).