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Fellsmere

Learn about the people, housing, costs and businesses in Fellsmere, Florida

Median Home$339,894
Median Rent$1,264/month
Population5,214
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining16% wholesale trade
Home Value Growth⬆⬆⬆+52.7% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners83% of occupied units
NotableTransit82/100 · excellent transit access
Fellsmere
FL

Frequently Asked Questions

What are today's mortgage rates in Fellsmere?

As of today, the 30-year fixed mortgage rate for Fellsmere is approximately 6.932% (6.969% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Fellsmere?

The median home value in Fellsmere is $340k. The median monthly rent is $1,264. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fellsmere?

Home values in Fellsmere have increased 52.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Fellsmere?

Based on a typical all-in ownership cost of $1,027/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fellsmere is $68k/year.

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What industries drive the economy in Fellsmere?

The largest employment sectors in Fellsmere are public administration (21%) and wholesale trade (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.