Velva, ND
Housing market overview · Updated weekly
$62,000median sale price
Homes sold
1
Last 12 weeks
Days on market
115
Average pace
Active listings
2
2.0 months supply
Sale-to-list
—
Below asking
The Velva housing market is currently classified as a balanced market with a median sale price of $62,000. Prices have fallen 31.0% compared to last year, with homes spending an average of 115 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Velva
There are currently 2 homes listed for sale in Velva, North Dakota.
Active listings
2
Homes on market
Avg. days on market
115
Days until sale
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Frequently asked questions
What is the average home price in Velva?
The median home sale price in Velva is $62,000, down 31.0% from last year.
How long do homes stay on market in Velva?
Homes typically spend 115 days on market before going under contract.
Is Velva a buyer's or seller's market?
With 2.0 months of supply, Velva is currently a balanced market.
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