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FELLSMERE, FL 32948

Real Estate Market Report  ·  Indian River County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
20
⇧ 66.7% vs 12 last year
Pending
2
10% pending ratio
Median Price
$707,750
⇩ 6% vs $752,863 last year
Average Price
$779,694
⇩ 15.6% vs $924,219 last year
Days on Market
170
⇧ 30.8% vs 130 days last year

Market Context

Population: 6,032  ·  Density: 20.4/mi²  ·  Median household income: $48,657

Typical home value: $152,700  ·  Homeownership: 74.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FELLSMERE, FL real estate market (32948) currently shows 20 active listings, with 2 pending sales. Homes are averaging 170 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 170 days on market compared to 130 days last year.

The median listing price has fallen 6% year-over-year, from $752,863 to $707,750.

Whether you are buying or selling in FELLSMERE, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 12 last year
  • Days on market: 170 now vs 130 last year

Median & Average Pricing

Year over Year
  • Median: $707,750 (-6% YoY)
  • Average: $779,694 (-15.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 26.6 miles — 2,237 listings ($1,952,395,142 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32948Fellsmere, FL 329480.0 mi20$15,593,880$707,750$779,694
32958Sebastian, FL 329588.1 mi260$148,420,480$395,000$570,848
32967Vero Beach, FL 3296710.2 mi417$253,542,672$460,000$608,016
32949Grant, FL 3294911.8 mi43$36,150,745$674,991$840,715
32963Vero Beach, FL 3296313.8 mi534$1,099,671,540$1,150,000$2,059,310
32950Malabar, FL 3295015.2 mi21$16,195,515$700,000$771,215
32960Vero Beach, FL 3296015.5 mi213$90,209,973$299,450$423,521
32962Vero Beach, FL 3296218.6 mi323$87,735,521$233,950$271,627
32904Melbourne, FL 3290420.3 mi178$76,616,006$429,900$430,427
34945Fort Pierce, FL 3494521.6 mi30$30,552,960$575,000$1,018,432
34946Fort Pierce, FL 3494623.6 mi30$14,539,380$384,900$484,646
34947Fort Pierce, FL 3494726.1 mi94$31,808,472$326,900$338,388
32934Melbourne, FL 3293426.6 mi74$51,357,998$562,225$694,027

Frequently Asked Questions

How many homes are for sale in FELLSMERE, FL 32948?

As of January 2026, there are 20 active listings in FELLSMERE, FL (zip code 32948), compared to 12 the prior year.

What is the median home price in FELLSMERE, FL 32948?

The median listing price in FELLSMERE, FL 32948 is $707,750 as of January 2026, a 6% decrease from $752,863 the prior year.

How long do homes stay on the market in FELLSMERE, FL?

Homes in FELLSMERE, FL 32948 spend an average of 170 days on the market before going under contract, compared to 130 days the prior year.

Is it a seller's or buyer's market in FELLSMERE, FL 32948?

Based on current inventory and days-on-market data as of January 2026, FELLSMERE, FL 32948 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 170 days on market compared to 130 days last year.

How much can I save on real estate commission in FELLSMERE, FL?

With SELL123.com's maximum 3% commission, sellers in FELLSMERE, FL 32948 save an estimated $14,155 compared to a typical 5% commission on the median listing price of $707,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.