Housing in Alva, OK

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$102,128

Alva vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Alva is highlighted.

Median Home Value

35th%ilemost expensive$132,500show rank

Median Rent

34th%ilemost expensive rent$826show rank

Rent Burden

80th%ilehighest rent burden23.8%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$132,500

Median Rent

$826

Total Housing Units

2,543

Vacancy Rate

20.8%

Owner Occupied

51.2%

Renter Occupied

48.8%

Median Property Tax

$740

per year

Monthly Cost (w/ Mortgage)

$923

Housing Types

Single Family

89.1%

Multi-Family

9.9%

Mobile Home

1.0%

The median home value in Alva, OK is $132,500. According to Zillow, the home value index for Alva is $102,128. The median rent is $826 per month (Census ACS). About 51.2% of housing units are owner-occupied. The median year homes were built is 1955. There are 2,543 total housing units.