Aerial view of 33920, Florida

33920 (Alva)
Homes for Sale & Housing Market

ZIP code market report · Lee County

Median sale price $373,900, down 4.7% year over year, with homes going under contract in about 53 days, 199 homes on the market.

14 communities reporting469 sales analyzedRefreshed twice dailyMomentum Score 45
Live Market Pulse
45/100
Momentum
Buyer's Opportunity
Buyers are negotiating roughly 7% off asking. Recalculated every day from licensed MLS data · last refresh September 15, 2026 at 7:33 PM ET.
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Live · 33920 Housing Pulse Licensed FL MLS feeds + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$374K
Median sold · 12 moConfidence: High
down 4.7% vs the prior 12 months
-4.7%
1-yr price change
n = 469 recent sales
$168/sf
Sold $/sqft · 12 mo
Lee County: $221 · -7.0% vs prior yr
93.3%
Sale vs ask
Lee County: 93.2% · +2.0pp vs prior yr
$337K
Lee County home value
Zillow ZHVI, monthly · -5.4% vs a year ago
Tempo
53days
Median DOM · closed
Lee County: 60 days · -12.0 days vs prior yr
22%
Under contract
Lee County: 22%
199 · 55
For sale · pending
live counts, refreshed twice daily
Market context
22%
Listings with price cuts
Lee County · Zillow · -1.8pp vs prior month
11,185
County for-sale inventory
Zillow, monthly · -6.6% vs prior month
41%
New construction
share of recent sales · -8.6pp vs prior yr
45/100
Momentum score
Buyer's Opportunity
14
Communities reporting
of 21 tracked in 33920
Economy & people · county layer
$73,099
Median household income
U.S. Census ACS, county
792,692
County population
+10.3% since 2018
4.6×
Price to income
county home value vs median income
74%
Owner-occupied
U.S. Census ACS, county
$2,699/yr
Median property tax
county, ACS
Licensed FL MLSZillow ResearchU.S. Census ACSPublic records
$3.5B+ sold 10,000+ customers served Top 1% in Florida · RealTrends 800+ five-star reviews Licensed FL MLS data Updated daily
Today's Take · September 15, 2026
Jon Brooks
Jon Brooks
Co-Founder, Momentum Realty · CEO, Momentum Research
Housing Market Analyst

22% of listed homes are already under contract. Prices are down 4.7% versus the prior year, but sellers are still collecting 93.3% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.

What It Means

Who has leverage right now

BUYER'S SELLER'S 45
Momentum Score
Buyer leverage55
Seller leverage45

Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.

Momentum Outlook
  • Inventory — tightening over the tracked window; watch whether that holds through the season.
  • Negotiating power — buyers gain ground as 22% of inventory sits under contract.
  • Mortgage sensitivity — at 4.6× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.

Derived from current 33920 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.

Supply by Price Band

One inventory number hides four different markets

Under $300K
mo · buyer-tilted · 26 active
$300K–$500K
mo · buyer-tilted · 134 active
$500K–$750K
mo · buyer-tilted · 39 active

Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.

Neighborhood Heat Map

Where 33920 is hot — and where it isn't

Each dot is a community (14 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.

Analysis

The read on 33920 (Alva)

The median sale price across 33920 currently stands at $373,900, down 4.7% from a year ago. Buyers are paying a median of $168 per square foot. The typical home goes under contract in about 53 days. Sellers are capturing 93.3% of their original asking price on average.

There are 199 active listings on the market, with 55 more already under contract.

Zillow's home value index for Lee County stands at $337,352. About 22% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.

Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 33920 is 45 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.

Trends & History

33920 since 2014 — and where it’s heading

A median home here sold for $182,430 in 2014 and $386,400 over the last recorded year — 112% appreciation across 12 years of recorded sales.

Median sale price · 2014–2026 (2,935 recorded sales)

$177K$313K$449K$386K2014: $182K2015: $243K2016: $221K2017: $246K2018: $242K2019: $247K2020: $301K2021: $340K2022: $437K2023: $444K2024: $437K2025: $421K2026: $386K20142017202020232026

Days on market by year

13d40d68d53d2014: 41d2015: 67d2016: 47d2017: 67d2018: 61d2019: 55d2020: 60d2021: 32d2022: 15d2023: 34d2024: 55d2025: 65d2026: 53d20142017202020232026

Home value trend · Lee County (Zillow ZHVI)

$337K$347K$357K$337KJul '25: $357KAug '25: $352KSep '25: $349KOct '25: $347KNov '25: $345KDec '25: $343KJan '26: $343KFeb '26: $342KMar '26: $341KApr '26: $340KMay '26: $339KJun '26: $338KJul '26: $337KJul '25Oct '25Jan '26Apr '26Jul '26

For-sale inventory · county (Zillow)

11,12312,67014,21711,185Jul '25: 14,156Aug '25: 13,144Sep '25: 12,315Oct '25: 11,913Nov '25: 11,951Dec '25: 12,181Jan '26: 12,664Feb '26: 13,059Mar '26: 13,493Apr '26: 13,309May '26: 12,795Jun '26: 11,977Jul '26: 11,185Jul '25Oct '25Jan '26Apr '26Jul '26

Daily active vs pending · Lee County (MLS)

2,0525,8019,550Aug 22 · Active: 9,401Aug 23 · Active: 9,393Aug 28 · Active: 9,327Aug 29 · Active: 9,326Aug 30 · Active: 9,318Aug 31 · Active: 9,304Sep 07 · Active: 9,176Sep 09 · Active: 9,176Sep 11 · Active: 9,156Sep 12 · Active: 9,157Sep 13 · Active: 9,138Sep 14 · Active: 9,126Sep 15 · Active: 9,126Aug 22Sep 07Sep 15ActivePending

Median price · daily recalculation

$374K$376K$379K$374KAug 06: $379KAug 08: $379KAug 09: $379KAug 10: $379KAug 11: $379KAug 12: $379KAug 13: $379KAug 15: $379KAug 17: $379KAug 18: $379KAug 19: $379KAug 20: $379KAug 21: $379KAug 22: $379KAug 23: $379KAug 24: $379KAug 26: $379KAug 28: $379KAug 29: $379KAug 30: $379KAug 31: $379KSep 01: $379KSep 04: $379KSep 05: $379KSep 06: $379KSep 07: $379KSep 08: $379KSep 09: $379KSep 10: $379KSep 11: $379KSep 12: $374KSep 13: $374KSep 14: $374KSep 15: $374KAug 06Aug 17Aug 28Sep 07Sep 15
Local Economics · county layer

What’s driving 33920

Who’s moving here
+4,899 net residents/yr

Top inbound states: NY, IL, NJ, OH. Movers arriving report ~$123,695 average income. Source: IRS SOI county-to-county migration, 2022-2023

Insurance reality check
$2,197/yr avg premium

6,508 Citizens policies in force in Lee County — the state-backed insurer of last resort. Budget insurance into any Lee purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026

Building pipeline
13,547 units permitted -12% YoY

9,962 single-family · 3,585 multi-family · 17.1 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025

Momentum Research Desk

The calls we’re making from today’s data

Biggest move
Ibis Landing ▼ 24%

The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.

What we’re telling clients today

Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.

Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.

Compare Markets

Nearby ZIP codes in Lee

MarketMedianActiveScore
33920 ← this page$374K19945
33908$336K71035Open →
33905$320K52142Open →
33913$445K49345Open →
34135$472K45242Open →
34134$595K42636Open →
Community Movers

Neighborhoods on the move

Prices rising fastest
AlvaAlva$530K▲ 15%
TerrawalkAlva$531K▲ 4%
Country ClubAlva$409K▲ 2%
PorticoFort Myers$374K▲ -3%
Hampton LakesAlva$365K▲ -9%
Prices cooling fastest
Ibis LandingLehigh Acres$212K▼ 24%
Brightwater LagoonNorth Fort Myers$375K▼ 12%
CascadesAlva$320K▼ 11%
Hampton LakesAlva$365K▼ 9%
PorticoFort Myers$374K▼ 3%
Most homes for sale
Country ClubAlva$409K41
Hampton LakesAlva$365K38
PorticoFort Myers$374K34
AlvaAlva$530K23
Ibis LandingLehigh Acres$212K18
Selling fastest
Ibis LandingLehigh Acres$212K39 days
PorticoFort Myers$374K42 days
AlvaAlva$530K44 days
Hampton LakesAlva$365K49 days
CascadesAlva$320K56 days
Explore Deeper

Cities in this ZIP

Most active communities

Keep Going

Put this data to work

Plain Answers

The questions people actually ask

Should I buy a house in 33920 right now?

The data says conditions currently favor neither side decisively in 33920 — the Momentum Score reads 45/100. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.

Is 33920 becoming more affordable?

Yes, modestly — the median sale price in 33920 is $373,900, down 4.7% versus the prior year, while sellers still capture 93.3% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.

Where are prices falling fastest in 33920?

Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Ibis Landing (-24%); Brightwater Lagoon (-12%); Cascades (-11%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.

Which 33920 neighborhoods are most competitive?

Measured by speed of sale, the fastest-moving tracked communities right now are Ibis Landing (39 days); Portico (42 days); Alva (44 days) — homes there go under contract well ahead of the market-wide pace of 53 days.

Questions

33920 (Alva) housing market FAQ

How is the housing market in 33920 right now?

As of September 15, 2026, the 33920 housing market is roughly balanced: the median sale price is $373,900 (down 4.7% year over year), 199 homes are for sale, and the typical home goes under contract in about 53 days.

How much is a house in 33920?

The median home sold for $373,900 in 33920 over the last 12 months, about $168 per square foot; asking prices on the 199 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.

Is it a good time to sell a house in 33920?

By the numbers, sellers in 33920 are getting 93.3% of asking price and going under contract in about 53 days. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.

What is the 33920 housing market forecast?

Momentum Realty publishes the recorded trend, not a prediction: 33920 median sale prices are down 4.7% year over year, and 22% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.

What is the median home price in 33920?

The median sale price in 33920 is currently $373,900, down 4.7% from a year ago, based on MLS sales data updated September 15, 2026.

Is 33920 a buyer's or seller's market right now?

The data currently is roughly balanced. 33920 scores 45 of 100 on the Momentum Score. Conditions change; this page updates daily.

How long do homes take to sell in 33920?

The typical home in 33920 goes under contract in about 53 days, per current MLS data.

How many homes are for sale in 33920?

There are approximately 199 active listings in 33920 as of September 15, 2026.

Are home prices in 33920 rising or falling?

Median sale prices are down 4.7% year over year based on a rolling comparison of MLS sales.

Put this data to work

Momentum agents use this intelligence every day to price listings and write winning offers across 33920 (Alva). Talk through what the numbers mean for your move.

Talk to founders
Methodology & Accountability

Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .

Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 15, 2026 at 7:33 PM ET

Find homes What's my home worth?

Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.

Selling in this ZIP? Weigh the numbers first: the Florida sell-now-or-wait scoreboard, why 201,552 Florida listings failed to sell in 12 months, and cash offer vs. listing, both numbers. Compiled from MLS records; deemed reliable but not guaranteed.