Home Values

Mims Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$159,000

  • 16.3% 1-year change
  • 3.6% 1-year forecast

The median home value in Mims is $159,000. Mims home values have gone up 16.3% over the past year and Zillow predicts they will rise 3.6% within the next year. The median list price per square foot in Mims is $101, which is higher than the Melbourne Metro average of $101. The median price of homes currently listed in Mims is $195,000 while the median price of homes that sold is $120,000. The median rent price in Mims is $900, which is lower than the Melbourne Metro median of $1,100.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mims is 12.1%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mims homeowners underwater on their mortgage is 21.4%, which is lower than Melbourne Metro at 24.4%.

Read more
Relative ZHVI
- +

Mims Market Overview

Data through Oct 31, 2014
  • $159,000 ZHVI
  • 3.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $195,000 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Mims Market Health

Data through Oct 31, 2014
  • 4.1/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 21.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 12.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Geneva $279,400
Oviedo $248,600
Bithlo $240,600
Name Median ZHVI
Wedgefield $231,900
Christmas $202,600
Oak Hill $123,800
Name Median ZHVI
Edgewater $118,200
Cocoa $106,300
Titusville $92,100

Listings & Sales

Data through Oct 31, 2014
  • $101 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 35.3% Listings with price cut
22.5%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Mims Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,179 Mims
    $1,183 Melbourne Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading