Is Alva, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Alva is a neutral's market


Difference Since May 2022

At the same time last year, Alva was a Seller's Market.

Key Takeaway

Alva is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Alva, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Alva have sold for 6.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $190K$362K
2 $278.2K$380K
3 $400K$426K
4 $449.5K$592K
5+ $1.0M$905K

Median Sold Price Compared To Nearby Cities

Lehigh Acres
Fort Myers Shores

How many homes are available in Alva, FL?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 21
2 1415
3 5248
4 3132
5+ 67

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alva, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

How long does it take to sell a home in Alva, FL?

How long does it take to sell a home in Alva, FL?

Average Sale Time

May 2022May 2023%
18 Days66 Days+251.6%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Alva has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Alva, FL?

About Alva, FL

Number of homes for sale in Alva, FL real estate market have reached 103. In May 2023 in Alva, FL there were 1.9% less homes for sale than in April 2023. While the average time on the market in May 2023 was 66 days, the median list price was $447,000. Listing prices have changed in this real estate market between April 2023 and May 2023: prices of 1 bedroom properties increased by 90.5%, 2 bedrooms properties became 36.6% more expensive, prices of 3 bedrooms properties increased by 6.5%, 4 bedrooms properties became 31.7% more expensive, 5 bedrooms properties prices decreased by 11.6%. Volume of homes for sale changed: 1 bedroom homes became 50% less available, number of 2 bedrooms homes increased by 7.1%, volume of 3 bedrooms homes went down by 7.7%, volume of 4 bedrooms homes went up by 3.2%, 5 bedrooms homes became 16.7% more available. In May 2023, from all listings sold in Alva, FL there were more than 2 sold above asking price, over 14 sold below and more than 0 were sold right at the asked price.