Is Mims, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mims has remained a Seller's Market.
Housing Prices in Mims, FL
How much do homes in Mims, FL cost?
Median Sold Price
$338,050
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mims was $338,050 in April 2024, down 2.7% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $70K | N/A |
2 Bedrooms | $245K | $299.9K | +22.4% |
3 Bedrooms | $328.7K | $319.9K | -2.7% |
4 Bedrooms | $349.5K | $495K | +41.6% |
5+ Bedrooms | $403.1K | $812.5K | +101.5% |
Summary: Mims housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.4%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 41.6%, and 5+ bedroom homes increased by 101.5%.
Median Sold Price Compared To Nearby Cities
Central Volusia | $435.6K | $459.9K | +5.6% |
Titusville | $291.2K | $298.8K | +2.6% |
East Orange | $520.5K | $530K | +1.8% |
Mims | $347.5K | $338K | -2.7% |
Housing Supply in Mims, FL
How many homes are available in Mims, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 77 | -7.2% |
Summary: The Mims real estate market had 77 homes for sale in April 2024, a 7.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 20 | 13 | -35.0% |
3 Bedrooms | 29 | 25 | -13.8% |
4 Bedrooms | 29 | 34 | +17.2% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Mims housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 35%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 18 | -18.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Mims in April 2024, down by 18.2% month-over-month. Of the 18 sold homes, 83% were sold under asking, 17% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 103 Days | +169.8% |
Summary: Homes in Mims had an average of 103 days on market in Apr 2024, up by 169.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Mims; 22% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.