Market Overview
Home Prices in Fellsmere, FL
The median home value in Fellsmere, FL is $245,018 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and down 4.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fellsmere are priced40% below average. Fellsmere is part of the Sebastian-Vero Beach, FL metro area.
Over the past five years, Fellsmere home values have risen by approximately34.7%, reflecting strong long-term appreciation in this market.
Price History
Fellsmere Home Price Trend
City Comparison
Fellsmere vs. National Median
At $245,018, homes in Fellsmere cost 40% below the national median of $410,000. This makes Fellsmere a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fellsmere?
20% Down Payment
$49,004
on $245,018
Monthly P&I
$1,278/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,623/mo
incl. taxes & insurance
Income Needed
$64,920
gross annual (30% rule)
10% Down Option
$24,502
+ PMI applies
Loan Amount (20% dn)
$196,014
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Fellsmere, FL?
The median home value in Fellsmere is $245,018 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Fellsmere?
Over the past year, home values in Fellsmere have increased by 2.4%. Over five years, prices have risen approximately 34.7%.
How much do I need to earn to buy a home in Fellsmere?
To comfortably afford the median home price of $245,018 with a 20% down payment ($49,004) at today's rates (6.8%), you'd need a gross annual income of approximately $64,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Fellsmere compare to the national average home price?
The national median home value is approximately $410,000. At $245,018, homes in Fellsmere are 40% below the national average.
What metro area is Fellsmere part of?
Fellsmere is part of the Sebastian-Vero Beach, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.