Explore Mims, FL - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
5.85%
Investor Friendly Score
5.85%
Median Price
$169,000

Market Insights

The present housing market in Mims is down with high active listings and low sales volume. Home prices have decreased 67.4% in the past month. With 7.1 months of supply, Mims's inventory levels remain relatively tight. Sales volume is down 59% compared to seasonal expectations. A significant 38.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 14.3% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Mims market with the affordability index at 114.0. Current trends suggest further price adjustments may occur as the market continues to favor buyers.

Demographics market for - Mims, FL

Total Population -

7,054

White Population

86.28%

Black Population

11.62%

Mexican0%
Puerto Rican54.76% (0.98% of total population)
Cuban7.94% (0.14% of total population)
Dominican0%
Salvadoran9.52% (0.17% of total population)
Costa Rican0%
Gautemalan0%
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian19.84% (0.35% of total population)
Ecuadorian0%
Peruvian0%
Uruguyan7.94% (0.14% of total population)
Venezuelan0%

Indian 0%
Bangladeshi 0%
Chinese 10.32% (0.18% of total population)
Bhutanese 0%
Burmese 0%
Filipino 0%
Hmong 0%
Indonesian 0%
Japanese 7.14% (0.13% of total population)
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Mims, FL

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Real Estate Market Prediction for - Mims, FL

City Hotspots
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