Mims, FL—32754
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mims, FL
As of Oct '25, the median home price in Mims, FL is $379,000, with a year-over-year change of -3.5%. This indicates that home prices in Mims, FL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $379,000 | -3.5% |
| Single Family | $379,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $204,000 | -8.9% |
3 Bed | $349,000 | -4.1% |
4 Bed | $506,000 | -1.6% |
| 5 Bed | $565,000 | -1.9% |
% of Housing Stock
Rental Trends — Mims, FL
As of July '25, Rentcast reports the average rent in Mims, FL is $1,920, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Mims, FL is 1-bedrooms: $900, 2-bedrooms: $1,780, 3-bedrooms: $1,910, 4-bedrooms: $2,300. The most common rental property sizes in Mims, FL are 3-bedroom and 2-bedroom, accounting for 73.1% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,920 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $900 |
| 2 Bed Rent | $1,550 | $1,780 |
| 3 Bed Rent | $1,750 | $1,910 |
| 4 Bed Rent | $2,250 | $2,300 |
% of Rental Stock
Property Listings — Mims, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Mims, FL is 79. This is a increase of 42.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $423,000 | 0.0% |
Listing Count | 61 | 11.0% |
| Listings as % of Homes | 1.8% | 11.0% |
Days on Market | 79 | 42.0% |
Demographics — Mims, FL
As of the latest ACS Survey released in 2023, Mims, FL has a population of 11,200, which has increased by 7.8% over the past 5 years. Mims, FL is a moderately popular place for families, as children make up 15.2% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,200 | 7.8% |
% Under 18 | 15.2% | -17.8% |
% Seniors | 28.7% | 24.2% |
% WFH | 8.1% | 44.6% |
% w/ College Degree | 20.3% | 20.1% |
As of the latest ACS Survey released in 2023, Mims, FL is a predominantly white area, with 92.1% of the population identifying as white. The white population has grown by 6.0% in the last 5 years. The second most common race or ethnicity in Mims, FL is black, making up 4.6% of the population. Foreign-born residents account for 1.8% of the population in Mims, FL, and this percentage has decreased by 60.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.1% | 6.0% |
% Black | 4.6% | -23.3% |
% Hispanic | 2.1% | -12.5% |
% Asian | 0.1% | -95.7% |
% Foreign Born | 1.8% | -60.9% |
Mortgage and Risk — Mims, FL
According to HUD data as of 2023, there were 346 mortgage originations in Mims, FL, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Mims, FL. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 346 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Mims, FL
As of 2024, the percent of homes in Mims, FL under the Section 8 program is 8.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Mims, FL, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 57 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 8.6% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $900 | $1,180 |
| 2 Bedroom | -$180 | $1,550 | $1,370 |
| 3 Bedroom | $120 | $1,750 | $1,870 |
| 4 Bedroom | -$120 | $2,250 | $2,130 |
Affordability — Mims, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $379,000 |
| Median Household Income | $70,000 |