Velva, ND housing market
The typical Velva home is worth about $219,000, up 4.8% in a year, 25% below the North Dakota typical home.
Home values, sales, trends and how Velva compares with the towns next door — updated as new data is published.
Velva at a glance
Typical home value, 2016–2026
Show as a table
| January | Velva | North Dakota |
|---|---|---|
| 2017 | $214,000 | $227,000 |
| 2018 | $208,000 | $224,000 |
| 2019 | $211,000 | $220,000 |
| 2020 | $217,000 | $229,000 |
| 2021 | $223,000 | $236,000 |
| 2022 | $231,000 | $251,000 |
| 2023 | $228,000 | $263,000 |
| 2024 | $206,000 | $259,000 |
| 2025 | $211,000 | $273,000 |
| 2026 | $216,000 | $287,000 |
| August 2026 | $219,000 | $292,000 |
Velva and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Velva | $219K | +4.8% | $940 | — | $115,750 |
| North Prairie | — | — | $970 | 0 | $39,688 |
A two-bedroom rents for about $940
HUD's Fair Market Rent for a two-bedroom in Velva is $940 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $660 · 4 bedrooms $1,580
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (58790; McHenry County, ND HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.