The housing market in Alva, FL is experiencing a healthier appreciation rate than the US as a whole. The median value of housing in Alva, FL is currently $397,600 which is significantly higher than the US median house value of $338,100. Furthermore, the one-year appreciation rate for housing in Alva, FL has been 20.51% compared to 8.27% for the US overall. This steep increase implies that the area is experiencing rapid growth and strong demand for real estate investments.
The median home cost in Alva is $397,600. Home appreciation the last 10 years has been 200.4%. Home Appreciation in Alva is up 29.5%.
Average Age of Homes
- The median age of Alva real estate is 26 years old
The Rental Market in Alva
- Renters make up 11.8% of the Alva population
- 0.0% of houses and apartments in Alva, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.