Mims, FL


Highest Appreciating Mims Neighborhoods Since 2000

Mims, FL Real Estate Data

Mims Housing Market Information

With a population of 7,162, 2,752 total housing units (homes and apartments), and a median house value of $149,909, Mims real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Mims, accounting for 68.77% of the town's housing units. Other types of housing that are prevalent in Mims include mobile homes or trailers ( 28.36%), row houses and other attached homes ( 1.20%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mims. Owner-occupied housing accounts for 81.47% of Mims's homes, and 63.83% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Mims built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Mims built between 1940-1969 ( 27.22%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.33%).

Vacant housing appears to be an issue in Mims. Fully 19.46% of the housing stock is classified as vacant. Left unchecked, vacant Mims homes and apartments can be a drag on the real estate market, holding Mims real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Mims Home Appreciation Rates

Homes have actually lost value in Mims over the last then years, as home values have seen a decline of 19.53% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Mims home appreciation rates at 7.15%, which equates to an annual appreciation rate of 31.84%.

Appreciation rates are so strong in Mims that despite a nationwide downturn in the housing market, Mims real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mims appreciation rates continue to be some of the highest in America, at 13.31%, which is higher than appreciation rates in 99.79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mims. Mims appreciation rates in the latest quarter were at 7.15%, which equates to an annual appreciation rate of 31.84%.

Importantly, this makes Mims one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Florida, our data show that Mims's latest annual appreciation rate is higher than 90% of the other cities and towns in Florida.

Average Home Values


Median Home Value:


Value Range
> $1,424,000 0.0
$1,068,001 - $1,424,000 0.4
$712,001 - $1,068,000 0.0
$569,001 - $712,000 1.4
$427,001 - $569,000 3.9
$285,001 - $427,000 18.3
$142,001 - $285,000 27.2
$72,001 - $142,000 24.9
$0 - $72,000 23.9

Low for FL
Average for Nation

Value Relative to Nation Value Relative to State
50.8227440416935 69.6581196581197

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,140 / per month

Homeownership Rate

Owners 81.47
Renters 18.53
Vacant 19.46

Housing Market Details


Age of Homes

2000 or Newer 21.3
1970 - 1999 50.5
1940 - 1969 27.2
1939 or Older 0.9

Types of Homes

Single-Family 68.8
Townhomes 1.2
Small Apt. Buildings 0.2
Apt. Complexes 0.0
Mobile Homes 28.4
Other 1.4

Home Size

No Bedroom 0.23
1 Bedroom 7.84
2 Bedrooms 25.58
3 Bedrooms 50.98
4 Bedrooms 12.85
5 or more bedrooms 2.52

Mims Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
71.01% 3.21% 5 9
* 10 is highest

Popular Neighborhoods in Mims

Zip Codes in Mims, FL