Is Mims, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Mims was a Seller's Market.
Housing Prices in Mims, FL
How much do homes in Mims, FL cost?
Median Sold Price
$336,100
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Mims was $336,100 in February 2024, down 3% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $70K | N/A |
2 Bedrooms | $240K | $299.9K | +25.0% |
3 Bedrooms | $330K | $314.4K | -4.7% |
4 Bedrooms | $349.5K | $467K | +33.6% |
5+ Bedrooms | $403.1K | $785K | +94.7% |
Summary: Mims housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 33.6%, and 5+ bedroom homes increased by 94.7%.
Median Sold Price Compared To Nearby Cities
Central Volusia | $415.8K | $479K | +15.2% |
Titusville | $288.5K | $298.9K | +3.6% |
East Orange | $524.9K | $530K | +1.0% |
Mims | $346.5K | $336.1K | -3.0% |
Housing Supply in Mims, FL
How many homes are available in Mims, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
90 | 82 | -8.9% |
Summary: The Mims real estate market had 82 homes for sale in February 2024, a 8.9% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 21 | 22 | +4.8% |
3 Bedrooms | 36 | 27 | -25.0% |
4 Bedrooms | 31 | 30 | -3.2% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Mims housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
18 | 11 | -38.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Mims in February 2024, down by 38.9% month-over-month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.
Days on Market for Mims, FL
How long does it take to sell a home in Mims, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
39 Days | 99 Days | +151.3% |
Summary: Homes in Mims had an average of 99 days on market in Feb 2024, up by 151.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 11 homes were sold in Mims; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.