$245,000
Land
Colleen Jennings, Listing Office: Billero & Billero - Beach Offc
Is Fellsmere, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Fellsmere was a Seller's Market.
Key Takeaway
Fellsmere is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fellsmere, FL
How much do homes in Fellsmere, FL cost?
Median Sold Price
$575,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$75,000(+15.0%)
Key Takeaway
Homes in Fellsmere have sold for 15% more than they did a year ago.
Summary: The median home sold price in Fellsmere was $575,000 in November 2024, up 15% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $450K | $635K | +41.1% |
| 3 Bedrooms | $495K | $355K | -28.3% |
| 4 Bedrooms | $604.5K | $600K | -0.7% |
| 5+ Bedrooms | $968.6K | - | N/A |
Summary: Fellsmere housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.1%, 3 bedroom homes decreased by 28.3%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes did not change.
Housing Supply in Fellsmere, FL
How many homes are available in Fellsmere, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Summary: The Fellsmere real estate market had 18 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Fellsmere housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fellsmere, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Fellsmere in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Fellsmere, FL
How long does it take to sell a home in Fellsmere, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 102 Days | 73 Days | -28.7% |
Summary: Homes in Fellsmere had an average of 73 days on market in Nov 2024, down by 28.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fellsmere has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Fellsmere; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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