Alva, FL housing market
The typical Alva home is worth about $374,000, down 5% in a year, close to the Florida typical home.
Home values, sales, trends and how Alva compares with the towns next door — updated as new data is published.
Alva at a glance
Only 4 sales in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Alva | Florida |
|---|---|---|
| 2017 | $225,000 | $209,000 |
| 2018 | $245,000 | $226,000 |
| 2019 | $259,000 | $242,000 |
| 2020 | $264,000 | $253,000 |
| 2021 | $295,000 | $276,000 |
| 2022 | $383,000 | $340,000 |
| 2023 | $436,000 | $392,000 |
| 2024 | $443,000 | $402,000 |
| 2025 | $418,000 | $397,000 |
| 2026 | $384,000 | $377,000 |
| August 2026 | $374,000 | $376,000 |
Alva and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Alva | $374K | −5% | $1,660 | $85,919 |
| Olga | — | −1.6%† | $1,710 | $93,576 |
| Lehigh Acres | $280K | −5.8% | $1,970 | $66,890 |
† FHFA price index change, where Zillow has no home value for the town.
4.4 years of income
The typical Alva home costs about 4.4 years of the town's median household income, less than across Florida (5 years).
How Alva ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,660
HUD's Fair Market Rent for a two-bedroom in Alva is $1,660 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Alva pay a median of $1,778. A two-bedroom takes about 23% of the town's median household income.
Studio $1,340 · 4 bedrooms $2,430
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (33920; Cape Coral-Fort Myers, FL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Alva
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.