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Velva, ND Home Values and Rents
The typical home value in Velva is $228,279, 27th highest of 53 cities and towns in North Dakota. Median rent is $769 a month.
- Typical home value
- $228,279
- 27th of 53 in ND
- Median rent
- $769/mo
- ACS 2020-2024
- Price change, 1 year
- +5.2%
- Sep 2026
- Homeownership
- 78.3%
- ND: 62.9%
Typical home value in Velva
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Velva |
|---|---|
| Sep 2026 | $228,279 |
| Dec 2025 | $222,023 |
| Dec 2024 | $219,309 |
| Dec 2023 | $215,378 |
| Dec 2022 | $237,807 |
| Dec 2021 | $239,517 |
| Dec 2020 | $232,139 |
| Dec 2019 | $225,168 |
| Dec 2018 | $218,572 |
| Dec 2017 | $216,574 |
| Dec 2016 | $223,938 |
Over five years, Velva prices changed -3.0%.
Source: Zillow Research · Last updated 09/01/2026
Fair Market Rents, FY2027
HUD rent standard for McHenry County, ND HUD Metro FMR Area
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $706 | -2.6% |
| 1 bedroom | $834 | -0.6% |
| 2 bedrooms | $1,014 | +1.4% |
| 3 bedrooms | $1,404 | +1.2% |
| 4 bedrooms | $1,695 | +1.0% |
Frequently asked questions
- What is the typical home value in Velva, ND?
- The typical home value in Velva is $228,279 (Zillow Home Value Index, Sep 2026). The North Dakota median is $249,900.
- How much is rent in Velva?
- The median rent in Velva is $769 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
- Are home prices going up in Velva?
- The typical home value in Velva changed +5.2% over one year and -3.0% over five years, as of Sep 2026.
- How does Velva compare with the rest of North Dakota?
- Velva has the 27th highest median home value of 53 cities and towns with 1,000+ residents in North Dakota.