In Fellsmere, FL (32948) the median value of a home is $303,500 which is lower than the U.S. median value of $338,100. The U.S. has seen an appreciation of 8.27% in housing over the past year, however homes in Fellsmere have experienced an impressive 20.52% appreciation in that same time frame! This demonstrates that Fellsmere is experiencing a higher amount of growth than other cities across the country and could be appealing to potential buyers looking for good returns on their investment in real estate.
The median home cost in Fellsmere (zip 32948) is $303,500. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Fellsmere (zip 32948) is up 26.8%.
Average Age of Homes
- The median age of Fellsmere (zip 32948) real estate is 22 years old
The Rental Market in Fellsmere (zip 32948)
- Renters make up 27.9% of the Fellsmere (zip 32948) population
- 5.0% of houses and apartments in Fellsmere (zip 32948), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.