32948
Fellsmere, Florida.
Fellsmere, Indian River County, FL · Sebastian-Vero Beach, FL metro · population 7,112
to buy the typical home at today's mortgage rate — +$962 (+121%) since Jan 2020.
- 1 year
- Up $7,137 +2%
- $328,305$335,442 since Sep 2025
- 5 years
- Up $67,103 +25%
- $268,340$335,442 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 32948$1,761
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in zip 32948 rose 2.2% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Indian River County, FL 79% · Brevard County, FL 21%
Zillow also publishes an index for the city itself: Fellsmere, FL — measured over the city limits, which is a different area from this zip.
Typical home value — 32948
Mid-tier homes, smoothed and seasonally adjusted.
- 32948$335,442
- Sebastian$363,706
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 7.4 | 32966 | Vero Beach | 20,686 | $2,045 | $329,195 |
| 8.1 | 32958 | Sebastian | 30,023 | $2,289 | $345,445 |
| 8.7 | 32976 | Sebastian | 9,156 | — | $221,097 |
| 10.2 | 32967 | Vero Beach | 27,240 | $2,476 | $405,816 |
| 10.3 | 32909 | Palm Bay | 41,804 | $1,935 | $317,526 |
| 11.8 | 32949 | Grant | 3,636 | — | $514,724 |
| 13.5 | 32968 | Vero Beach | 15,912 | $3,300 | $426,837 |
| 13.8 | 32963 | Vero Beach | 15,008 | $5,344 | $1,064,145 |
| 14.5 | 32908 | Palm Bay | 16,535 | $2,072 | $317,837 |
| 15.2 | 32950 | Malabar | 4,132 | — | $553,989 |
| 15.2 | 32951 | Melbourne Beach | 11,299 | $3,170 | $616,063 |
| 15.5 | 32960 | Vero Beach | 25,259 | $2,002 | $279,620 |
| 18.2 | 32907 | Palm Bay | 49,080 | $2,102 | $301,874 |
| 18.6 | 32962 | Vero Beach | 25,522 | $1,870 | $256,223 |
| 18.9 | 32905 | Palm Bay | 24,792 | $1,591 | $232,440 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.