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VELMA, OK 73491

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The VELMA, OK real estate market (73491) currently shows 2 active listings, with 1 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 41 days on market compared to 12 days last year.

The median listing price has risen 183.6% year-over-year, from $73,000 to $207,000.

Whether you are buying or selling in VELMA, OK, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 693  ·  Density: 25.7/mi²  ·  Median household income: $58,281

Typical home value: $118,341  ·  Homeownership: 74.9%

Market Overview

Active Listings
2
vs 2 last year
Pending
1
50% pending ratio
Median Price
$207,000
⇧ 183.6% vs $73,000 last year
Average Price
$207,000
⇧ 183.6% vs $73,000 last year
Days on Market
41
⇧ 241.7% vs 12 days last year

Price Per Square Foot

Median $/sqft
$119
⇧ 83.1% vs $65/sqft last year
Median Home Size
1,725 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 41 now vs 12 last year

Median & Average Pricing

Year over Year
  • Median: $207,000 (+183.6% YoY)
  • Average: $207,000 (+183.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 34.7 miles — 150 listings ($43,345,571 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
73491Velma, OK 734910.0 mi2$294,000$147,000$147,000
73442Loco, OK 7344210.2 mi2$1,098,900$549,450$549,450
73434Foster, OK 7343411.7 mi1$363,750$363,750$363,750
73438Healdton, OK 7343815.7 mi16$3,218,400$110,000$201,150
73529Comanche, OK 7352918.5 mi11$2,623,093$169,950$238,463
73458Springer, OK 7345821.8 mi2$1,269,000$634,500$634,500
73082Rush Springs, OK 7308225.5 mi12$2,004,672$124,000$167,056
73030Davis, OK 7303026.9 mi18$5,214,294$189,000$289,683
73463Wilson, OK 7346327.4 mi14$5,372,164$236,000$383,726
73443Lone Grove, OK 7344329.6 mi20$6,769,260$279,450$338,463
73075Pauls Valley, OK 7307531.2 mi46$11,323,038$210,000$246,153
73074Paoli, OK 7307433.4 mi3$2,692,500$897,500$897,500
73568Temple, OK 7356834.7 mi3$1,102,500$367,500$367,500

Frequently Asked Questions

How many homes are for sale in VELMA, OK 73491?

As of February 2026, there are 2 active listings in VELMA, OK (zip code 73491), compared to 2 the prior year.

What is the median home price in VELMA, OK 73491?

The median listing price in VELMA, OK 73491 is $207,000 as of February 2026, a 183.6% increase from $73,000 the prior year.

How long do homes stay on the market in VELMA, OK?

Homes in VELMA, OK 73491 spend an average of 41 days on the market before going under contract, compared to 12 days the prior year.

Is it a seller's or buyer's market in VELMA, OK 73491?

Based on current inventory and days-on-market data as of February 2026, VELMA, OK 73491 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 41 days on market compared to 12 days last year.

How much can I save on real estate commission in VELMA, OK?

With SELL123.com's maximum 3% commission, sellers in VELMA, OK 73491 save an estimated $4,140 compared to a typical 5% commission on the median listing price of $207,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.