Alva, FL 33920 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Alva, FL—33920

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$384,000

6.7% YoY Growth

Household Income

$87,600

11.2% YoY Growth

Days on Market

7.0% Shorter YoY

Home Price Forecast

-2.4%

Median Rent

$2,500

0.4% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$2,000

3.9% YoY Growth

3-Bed Rent

$2,700

13.5% YoY Growth

Home Price Trends — Alva, FL

As of May '26, the median home price in Alva, FL is $384,000, with a year-over-year change of -6.7%. This indicates that home prices in Alva, FL are decreasing. According to Zillow, the 1-year price projection is -2.4%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$384,000	-6.7%
Single Family	$388,000	-6.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Alva, FL

As of July '25, Rentcast reports the average rent in Alva, FL is $2,740, with a year-over-year rent change of -0.4%. Per bedroom, the median rent as of July '25 in Alva, FL is 2-bedrooms: $2,480, 3-bedrooms: $2,860, 4-bedrooms: $2,660. The most common rental property sizes in Alva, FL are 2-bedroom and 3-bedroom, accounting for 53.5% and 34.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,740
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$2,000	$2,480
3 Bed Rent	$2,700	$2,860
4 Bed Rent	$2,600	$2,660

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% of Rental Stock

1 Bedroom

10.3%

2 Bedrooms

53.5%

3 Bedrooms

34.6%

4 Bedrooms

1.6%

Property Listings — Alva, FL

As of May '26, Realtor.com reports that the median days on market for a home in Alva, FL is 68. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$417,000	-6.0%
Listing Count	181	-9.0%
Listings as % of Homes	2.9%	-9.0%
Days on Market	68	-7.0%

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Demographics — Alva, FL

As of the latest ACS Survey released in 2023, Alva, FL has a population of 7,690, which has increased by 28.3% over the past 5 years. Alva, FL is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 34.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,690	28.3%
% Under 18	21.2%	29.3%
% Seniors	27.8%	18.3%
% WFH	16.0%	263.6%
% w/ College Degree	34.0%	65.0%

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As of the latest ACS Survey released in 2023, Alva, FL is a predominantly white area, with 82.1% of the population identifying as white. The white population has grown by 7.5% in the last 5 years. The second most common race or ethnicity in Alva, FL is hispanic, making up 8.5% of the population. Foreign-born residents account for 11.0% of the population in Alva, FL, and this percentage has increased by 5.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	82.1%	7.5%
% Black	1.4%	-77.8%
% Hispanic	8.5%	-26.7%
% Asian	5.1%	363.6%
% Foreign Born	11.0%	5.8%

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Mortgage and Risk — Alva, FL

According to HUD data as of 2023, there were 75 mortgage originations in Alva, FL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Alva, FL. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	75
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	1.0%
% Second Loans	4.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Alva, FL

Alva, FL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,200
2 Bedroom	-$490	$2,000	$1,510
3 Bedroom	-$720	$2,700	$1,980
4 Bedroom	-$350	$2,600	$2,250

Alva, FL—33920

Key Metrics at a Glance

Home Price Trends — Alva, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alva, FL

% of Rental Stock

Property Listings — Alva, FL

Demographics — Alva, FL

Race and Ethnicity

Mortgage and Risk — Alva, FL

Mortgages

Rentals and Section 8 — Alva, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Alva, FL

Home Price to Income Ratio

Alva, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Lehigh Acres, FL

Lehigh Acres, FL

Fort Myers, FL

Lehigh Acres, FL

Lehigh Acres, FL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5
Median Home Price	$384,000
Median Household Income	$87,600

Alva, FL—33920

Key Metrics at a Glance

Home Price Trends — Alva, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Alva, FL

% of Rental Stock

Property Listings — Alva, FL

Demographics — Alva, FL

Race and Ethnicity

Mortgage and Risk — Alva, FL

Mortgages

Rentals and Section 8 — Alva, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Alva, FL

Home Price to Income Ratio

Alva, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Lehigh Acres, FL

Lehigh Acres, FL

Fort Myers, FL

Lehigh Acres, FL

Lehigh Acres, FL

Frequently Asked Questions

What is the average home price in Alva, FL 33920?

How have home prices in Alva, FL 33920 changed over the past year?

What is the home price projection for Alva, FL 33920?

What are the demographics of Alva, FL 33920?

How long does it take homes to sell in Alva, FL 33920?

What is the average rent price in Alva, FL 33920?