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VELMA, OK 73491

Real Estate Market Report  ·  Stephens County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The VELMA, OK real estate market (73491) currently shows 3 active listings, with 1 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 28 days on market compared to 48 days last year.

The median listing price has risen 194.9% year-over-year, from $69,000 to $203,500.

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
3
⇧ 200% vs 1 last year
Pending
1
33% pending ratio
Median Price
$203,500
⇧ 194.9% vs $69,000 last year
Average Price
$203,500
⇧ 194.9% vs $69,000 last year
Days on Market
28
⇩ 41.7% vs 48 days last year

Price Per Square Foot

Median $/sqft
$120
⇧ 96.7% vs $61/sqft last year
Median Home Size
1,697 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 1 last year
  • Days on market: 28 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $203,500 (+194.9% YoY)
  • Average: $203,500 (+194.9% 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 33.5 miles — 165 listings ($72,991,749 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
73491Velma, OK 734910.0 mi2$414,000$207,000$207,000
73442Loco, OK 7344210.2 mi1$499,450$499,450$499,450
73434Foster, OK 7343411.7 mi1$0$0$0
73438Healdton, OK 7343815.7 mi17$3,347,300$114,975$196,900
73433Elmore City, OK 7343318.0 mi19$9,068,016$315,250$477,264
73055Marlow, OK 7305519.2 mi35$12,941,530$313,750$369,758
73456Ringling, OK 7345623.7 mi5$1,109,800$133,800$221,960
73052Lindsay, OK 7305225.8 mi25$5,821,700$172,000$232,868
73573Waurika, OK 7357327.2 mi13$3,509,883$174,500$269,991
73057Maysville, OK 7305728.4 mi10$3,072,280$170,000$307,228
73098Wynnewood, OK 7309830.2 mi25$13,658,950$239,144$546,358
73565Ryan, OK 7356532.9 mi6$17,241,840$185,000$2,873,640
73067Ninnekah, OK 7306733.5 mi6$2,307,000$404,500$384,500

Frequently Asked Questions

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

As of March 2026, there are 3 active listings in VELMA, OK (zip code 73491), compared to 1 the prior year.

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

The median listing price in VELMA, OK 73491 is $203,500 as of March 2026, a 194.9% increase from $69,000 the prior year.

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

Homes in VELMA, OK 73491 spend an average of 28 days on the market before going under contract, compared to 48 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 March 2026, VELMA, OK 73491 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 28 days on market compared to 48 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 $4,070 compared to a typical 5% commission on the median listing price of $203,500. 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.