The median home value in Velma, OK is $140,300. This is higher than the county median home value of $119,400. The national median home value is $338,100. The average price of homes sold in Velma, OK is $140,300. Approximately 58.28% of Velma homes are owned, compared to 23.18% rented, while 18.54% are vacant. Velma real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Velma real estate agent to arrange a tour today!
Velma, Oklahoma 73491 has a population of 601. Velma 73491 is less family-centric than the surrounding county with 21.01% of the households containing married families with children. The county average for households married with children is 30.2%.
The median household income in Velma, Oklahoma 73491 is $68,333. The median household income for the surrounding county is $53,470 compared to the national median of $69,021. The median age of people living in Velma 73491 is 41.2 years.
The average high temperature in July is 93.6 degrees, with an average low temperature in January of 26.4 degrees. The average rainfall is approximately 37.2 inches per year, with 1.6 inches of snow per year.