Home Values

Alva Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$187,000

  • -2.1% 1-year change
  • 1.8% 1-year forecast

The median home value in Alva is $187,000. Alva home values have declined -2.1% over the past year and Zillow predicts they will rise 1.8% within the next year. The median list price per square foot in Alva is None.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Alva is 12.8%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Alva homeowners underwater on their mortgage is 14.8%, which is higher than Fort Myers Metro at 14.3%.

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Relative ZHVI
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Alva Market Overview

Data through May 31, 2015
  • $187,000 ZHVI
  • 1.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Alva Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 14.8% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 12.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Miromar Lakes $493,400
Fort Myers Beach $353,700
Estero $239,500
Name Median ZHVI
Punta Gorda $171,600
Cape Coral $158,700
Fort Myers $150,100
Name Median ZHVI
North Fort Myers $130,500
Lehigh Acres $91,100
Labelle $73,600

Listings & Sales

  • No data
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Alva Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,506 Alva
    $1,665 Fort Myers Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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