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Alva CDP, FL

ZIP 33920 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 33920

Median Home Value
$376,000
Median Rent
$986
Affordability Snapshot
$103,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,415/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

31.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 33920 in Alva CDP, FL, a household would need roughly $103,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,415. That is about 18% above the local median household income ($87,601), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
93.5%+43% vs US avg
x
Vacancy Rate
11.1%+8% vs US avg
x
Broadband Access
86.8%-0% vs US avg
x
4+ Bedrooms
3.1%-79% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
10.1%+46% vs US avg
x
Rent Burden >30%
51.4%+3% vs US avg
x
Mortgage-Free
42.2%+10% vs US avg
x
$376,000
Home Value
$986
Rent
2002
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached85.2%
  • 1-unit attached2.2%
  • 2-9 units1.4%
  • 10+ units0.0%
  • Mobile home & other11.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$376,000
Median rent$986
Owner-occupied93.5%
Vacant11.1%
Price-to-income4.3x
Est. income to buy$103,000