Velma, OK Housing Market

The median sale price of a home in Velma was $55K last month, down 80.4% since last year. The median sale price per square foot in Velma is $48, down 56.0% since last year.

Trends
Demand
Migration
Schools
Climate

Velma Housing Market Trends

What is the housing market like in Velma today?

In May 2025, Velma home prices were down 80.4% compared to last year, selling for a median price of $55K.

$55K

Sale Price

-80.4%
since last year

$48

Sale $/Sq. Ft.

-56.0%
since last year

Under List Price

11.3%

Days on Market

114

Down Payment

—

Total Homes Sold

To compare other locations to the Velma and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Velma add value to a home.

Velma Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Velma that sold recently

Recently sold homes

SOLD MAY 20, 2025
$55,000 Last Sold Price
2 beds
1 bath
1,128 sq ft
305 Martin Ave, Velma, OK 73491
List Price
$62,000
Sale to List
11% under list
Days on Market
113 days
305 Martin Ave, Velma, OK 73491
SOLD MAY 14, 2025
$54,000
2 beds
1 bath
1,128 sq ft
105 Martin Ave, Velma, OK 73491
List Price
—
Sale to List
—
Days on Market
—
105 Martin Ave, Velma, OK 73491
SOLD FEB 21, 2025
$62,000
2 beds
1 bath
1,207 sq ft
804 Braylees Way, Velma, OK 73491
List Price
—
Sale to List
—
Days on Market
—
804 Braylees Way, Velma, OK 73491
SOLD FEB 11, 2025
$38,500 Last Sold Price
3 beds
2 baths
1,200 sq ft
612 Waldroup Ave, Velma, OK 73491
(918) 960-8492
List Price
$44,500
Sale to List
13% under list
Days on Market
126 days
612 Waldroup Ave, Velma, OK 73491
SOLD FEB 10, 2025
$110,000 Last Sold Price
3 beds
2 baths
1,680 sq ft
1524 Country Side Cir, Duncan, OK 73533
List Price
$124,500
Sale to List
12% under list
Days on Market
250 days
1524 Country Side Cir, Duncan, OK 73533

Schools in Velma

Learn about schools in the Velma area

Elementary
Middle
High

GreatSchools Rating

7/10

Velma-Alma Elementary School

Public • PreK-5

220

Students

3 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Velma housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Velma.

Provided by First Street Foundation

More real estate resources for Velma

Zip Code Housing Markets

73533 Housing Market

Nearby City Housing Markets

Zip Code Listings

73533 Real Estate

Nearby City Listings

Rentals

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