32948 — Fellsmere, FL Home Values
Typical home value $337,823 as of June 2026 · 5th of 8 in Sebastian-Vero Beach, FL
Blue: typical home value (Zillow ZHVI) in ZIP code 32948, June 2021 to June 2026. This page shows observed data only; no forecast.
How 32948 compares in the Sebastian-Vero Beach, FL area
ZIP code 32948 (Fellsmere, FL) has a typical home value of $337,823 as of June 2026, ranking 5th of 8 ZIP codes tracked in the Sebastian-Vero Beach, FL area, more expensive than about 50% of ZIP codes in the metro. Prices here have moved +1.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +30.5%, from $258,825 in June 2021 to $337,823 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Sebastian-Vero Beach, FL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Sebastian.
Population and demographics
ZIP code 32948 has a population of 6,802, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 60.3% Hispanic or Latino, 26.3% White, and 13.3% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| FELLSMERE ELEMENTARY SCHOOL | 50 N CYPRESS ST, FELLSMERE, FL | 1.7 mi |
| SEBASTIAN RIVER MIDDLE SCHOOL | 9400 FELLSMERE RD, SEBASTIAN, FL | 6.8 mi |
| SEBASTIAN RIVER HIGH SCHOOL | 9001 90TH AVE, SEBASTIAN, FL | 7.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 32948?
$337,823 as of June 2026, the latest month Zillow has published observed data for.
Is 32948 an expensive ZIP code in the Sebastian-Vero Beach, FL area?
32948 ranks 5th of 8 ZIP codes in the Sebastian-Vero Beach, FL area by typical home value, more expensive than about 50% of ZIP codes in the metro.
How much have home values in 32948 changed over the past year?
+1.4% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 32948?
6,802, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 32948?
FELLSMERE ELEMENTARY SCHOOL (1.7 mi), SEBASTIAN RIVER MIDDLE SCHOOL (6.8 mi), SEBASTIAN RIVER HIGH SCHOOL (7.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 32948?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Sebastian-Vero Beach, FL forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.