Median price for residential apartments in Alva, OK as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
22 Alva, OK 73717, USA apartments for sale
Alva
According to statistics, the population in Alva, OK amounts to 5,167, which shows growth 2% compared to the previous year. The median age of the city’s residents is 32. The average household income is $50,469, shifting decline -4% from the past year, and the average property value in Alva, OK growth 2% to $89,100 throughout the year.
| Population | 5,167 |
| Median Age | 31.6 |
| Poverty Rate | 16% |
| Household Income | $50,469 |
| Number Of Employees | 2,990 |
| Median Property Value | $89,100 |
Household Income
The average household income in Alva, OK declined from $52,531 to $50,469 in the past year. This data is an estimate based upon 2,089 households in Alva, OK . The chart below presents how household income is distributed in Alva, OK in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Alva, OK shifted from $87,700 to $89,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Alva, OK in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Alva, OK properties falls in the '$90,000 to $99,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Alva, OK compared to median property taxes around the country. The prevalent amount of property taxes in Alva, OK equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Alva, OK 73717, USA
Average apartment sale in Alva: $94,810 (-26.6%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $25,000 | -33.3% |
| 2-bed apartments | $74,333 | +20.9% |
| 3-bed apartments | $131,580 | +1.2% |
| 4+ bed apartments | $71,800 | -79.8% |
During Nov 2022, the average price for an apartment in/near Alva, OK decreased by 26.6% to $94,810.
Asking price for 2-bed apartment also increased by 20.9% and a place of this size will now cost you $74,333. A 3-bed apartment goes for $131,580, it increased by 1.2% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 79.8% and made it down to $71,800.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Land for sale | $25,000 | +0% |
| Houses for sale | $96,309 | -31.5% |
| Townhouses for sale | $113,833 | N/A |
Price reports demonstrate that house price decreased by 31.5% this month making it up to $96,309. Value of the townhouses didn’t change, the price still starts at $113,833.