Is Fellsmere, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fellsmere was a Buyer's Market.
Housing Prices in Fellsmere, FL
How much do homes in Fellsmere, FL cost?
Median Sold Price
$347,500
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fellsmere was $347,500 in April 2024, down 10.9% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $390K | $384.7K | -1.3% |
3 Bedrooms | $318.3K | $330K | +3.7% |
4 Bedrooms | $1.2M | $667.5K | -46.9% |
5+ Bedrooms | $1.2M | $670K | -47.1% |
Summary: Fellsmere housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 46.9%, and 5+ bedroom homes decreased by 47.1%.
Housing Supply in Fellsmere, FL
How many homes are available in Fellsmere, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 17 | -10.5% |
Summary: The Fellsmere real estate market had 17 homes for sale in April 2024, a 10.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 12 | 10 | -16.7% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Fellsmere housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Fellsmere in April 2024, down by 25.0% month-over-month. Of the 3 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 244 Days | +226.2% |
Summary: Homes in Fellsmere had an average of 244 days on market in Apr 2024, up by 226.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Fellsmere; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.