ND area data
Velva, ND
Velva, ND.
Population: 1,638 (Census ACS)
Home values & appreciation
- Median home value
- $218,918
- 1-year appreciation
- +5.5%
- 3-year appreciation
- -0.1%
- 5-year appreciation
- -0.3%
- 10-year appreciation
- -3.6%
- All-time peak (2016-01)
- $234,209
- House Price Index
- 453.0 (+6.4% YoY)
Market activity
- Median sale price
- $199,900
- Median list price
- $187,450
- Median days on market
- 31 days
- Sale-to-list ratio
- 98.4%
- Active listings
- 2
- 1-year forecast
- +1.6%
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,104/mo
- 3BR fair-market rent
- $1,435/mo
Affordability
- Cost of living index (Below Average)
- 91.5 (100 = US avg)
- Electricity rate (state-level)
- 11.8¢/kWh
- Natural gas rate (state-level)
- $9.50/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 2
- Elementary schools
- 1
- Middle schools
- 0
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Very Low
- Top hazards
- winterWeather, iceStorm
- FEMA flood zone
- A11
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 79.0°F
- Average high
- 80.0°F
- Average low
- 78.0°F
- Annual precipitation
- 48.3 in
Walkability & transit
- Walkability index
- 6.0 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Knife River Indian Villages National Historic Site (51 mi)
- Nearest airport
- Linrud Airstrip (6 mi)
- Nearest major airport
- Minot International Airport (MOT) (22 mi)
- Hospitals nearby (~15 mi)
- 339
- Avg hospital rating
- 3.0 / 5
- Solar radiation rating
- Fair (3.7 kWh/m²/day)
Migration
- Net migration
- +6 tax filers
Housing stock
- Median year housing built
- 1,972
- Median annual property tax
- $2,188
- Mean commute to work
- 21 min
- Households with broadband internet
- 72.5%
Employment & development
- Total county employment
- 998
- Average weekly wage
- $1,140
- Top industries (by employment)
- Wholesale Trade, Agriculture, Mining
- Annual residential building permits (county)
- 3
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →