Home values, rents and more in ZIP code 32948 (Fellsmere, FL)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 32948 in ProMap- Under $290k
- $290k–$320k
- $320k–$380k
- $380k–$420k
- $420k+
- No data
How 32948 compares
The typical home in ZIP code 32948 (Fellsmere, FL) is worth about $335,000, according to the Zillow Home Value Index for September 2026. Home values in 32948 are 8% below the typical value in the Sebastian metro area ($364,000) and 8% below the U.S. typical value ($366,000).
Over the past year, home values in 32948 rose 2.2%, compared with −0.9% in the Sebastian metro area and +1.2% nationally.
The median household income is $60,945, against $73,491 in the Sebastian metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 7,112 people live in 32948 (American Community Survey 2020–24).
32948 has the 4th-lowest typical home value of the 8 ZIP codes in the Sebastian metro area and the 437th-lowest of 924 in Florida with Zillow figures.
Part of: Fellsmere, FL · Indian River County, FL · Sebastian metro area · Florida
More for 32948 in ProMap Plus
These measures are on the map for subscribers. Open ProMap to see them for 32948 and every other place.
- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.