House Prices

House Prices & Home Values Velva, ND 2026


Average Data

average house price$287,175
average size per house1629 ft²
average price per ft²177 $ / ft²

04/04/2026 - The value range (VR) for house prices in Velva, ND is $167/ sqft to $167/ sqft. An average home with 1629 sqft costs approximately $272,043 to $272,043. Velva, ND includes 1 ZIP codes and it is located in McHenry county. The lowest prices are found in ZIP 58790, while the highest are in ZIP 58790. The average price per sqare feet is $177. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Velva

58790181 $ / ft²




Historical development of home values in Velva

Year Estimated value (USD) Change vs. 2025
2010 $133,369 -53.6%
2011 $128,212 -55.4%
2012 $127,867 -55.5%
2013 $132,646 -53.8%
2014 $139,242 -51.5%
2015 $146,388 -49.0%
2016 $154,028 -46.4%
2017 $162,341 -43.5%
2018 $171,316 -40.3%
2019 $179,260 -37.6%
2020 $188,527 -34.4%
2021 $214,429 -25.3%
2022 $249,976 -13.0%
2023 $263,611 -8.2%
2024 $278,862 -2.9%
2025 $287,175 0.0%

Graph: estimated home values in Velva over time (USD)



Example: 100% financing house in Velva

Loan amount: $287,175

Interest rate: 6.00%

Fixed monthly payment: $1,721.76

Breakdown in the 1st month:
Interest portion: $1,435.88  â€“  Principal portion: $285.88

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,134.57 $3,526.54 $283,648.46
2 $16,917.06 $3,744.05 $279,904.41
3 $16,686.13 $3,974.98 $275,929.43
4 $16,440.97 $4,220.14 $271,709.28
5 $16,180.68 $4,480.43 $267,228.85
6 $15,904.33 $4,756.78 $262,472.07
7 $15,610.95 $5,050.17 $257,421.91
8 $15,299.46 $5,361.65 $252,060.26
9 $14,968.77 $5,692.34 $246,367.92
10 $14,617.68 $6,043.43 $240,324.48
11 $14,244.93 $6,416.18 $233,908.30
12 $13,849.19 $6,811.92 $227,096.38
13 $13,429.05 $7,232.06 $219,864.32
14 $12,982.99 $7,678.12 $212,186.21
15 $12,509.42 $8,151.69 $204,034.52
16 $12,006.65 $8,654.47 $195,380.05
17 $11,472.86 $9,188.25 $186,191.80
18 $10,906.15 $9,754.97 $176,436.83
19 $10,304.48 $10,356.63 $166,080.20
20 $9,665.71 $10,995.40 $155,084.80
21 $8,987.53 $11,673.58 $143,411.22
22 $8,267.53 $12,393.58 $131,017.64
23 $7,503.12 $13,157.99 $117,859.66
24 $6,691.57 $13,969.54 $103,890.11
25 $5,829.96 $14,831.15 $89,058.96
26 $4,915.20 $15,745.91 $73,313.05
27 $3,944.03 $16,717.08 $56,595.98
28 $2,912.96 $17,748.15 $38,847.82
29 $1,818.29 $18,842.82 $20,005.00
30 $656.11 $20,005.00 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Velva, ND


1500 sqft3900 sqft
Ø selling price$321,255$683,397
Ø fast selling$292,050$615,058
Ø high price sale$350,460$751,737

In 2026, houses in Velva, ND will be offered at an average price of $177 per square foot. A 1,500 sqft home priced at $321,255 is 24.82% more expensive per square foot than a 3,900 sqft home priced at $683,397. Home prices in Velva, ND vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $473,122. Sellers who can wait longer may achieve a higher price of up to $578,259.


Velva, ND: Small-Town Charm in North Dakota

Overview and Location

Velva, ND is a welcoming small city in McHenry County along the scenic Souris River in north-central North Dakota. Located about 20 miles southeast of Minot via US Highway 52, Velva, North Dakota offers easy regional access for commuters and travelers. The community blends prairie landscapes with a historic downtown corridor featuring local shops, services, and cafés.


Community and Outdoors

Residents enjoy parks, ball fields, and riverside views that highlight the area?s outdoor recreation opportunities year-round. Families appreciate the close-knit feel, active youth programs, and the strong tradition of school spirit in the local public schools. Dining options include classic small-town restaurants and seasonal treats, with friendly service that reflects the town?s hospitality.

Economy and Housing

Agriculture anchors the local economy, and nearby employers in the Minot area broaden job choices for professionals and trades. Housing in Velva ranges from historic homes on tree-lined streets to newer builds, offering attainable prices compared with larger cities.

Things to Do and Why Visit

Visitors can explore community events, check out local ball games, and take scenic drives that showcase the rolling prairie and river valley. Whether you?re planning a day trip or considering a move, Velva, ND delivers small-town comfort, outdoor access, and genuine North Dakota charm.



FAQ – Home Values in Velva

What is the median home value in Velva in 2026?

In 2026, the typical home value in Velva is about $287,175 for an average home size of 1629 square feet. This corresponds to an average price of roughly $177 per square foot.

What is the average cost per square foot in Velva?

In 2026, homes in Velva sell for an average of around $177 per square foot, with a typical range between $167 and $167 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Velva is about 1629 square feet, with an estimated 2026 value around $287,175.



Locations close to Velva, ND

Voltaire, ND114 $ / ft²
Westhope, ND76 $ / ft²
White Earth, ND103 $ / ft²
Upham, ND64 $ / ft²
Towner, ND55 $ / ft²
Tolley, ND50 $ / ft²




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