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Alva, OK Real Estate


According to census data in the year 2000 there were 2,658 housing units in Alva. This represents a 2.5% decline from 2,726 in 1990.

Of those housing units, 2,641 were located in either urbanized areas or urban clusters, and 17 were located in what is classified as a rural area.

Homeownership rate in Alva is about 61.8%. Alva's vacancy rate, including seasonal lodging, is about 16.9%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Alva were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom11.80%
Two Bedrooms36.30%
Three Bedrooms38.30%
Four Bedrooms8.40%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1955
Median Value of occupied units$51,000
Median Price asked for vacant units$13,900

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1959
Median Monthly Rent asked for vacant units$230

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.90%
Home Equity Loan0.90%
Simple Mortgage31.90%
Debt Free63.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs11.7%