Mary Esther, FL housing market
The typical Mary Esther home is worth about $323,000, about the same as a year ago, 14% below the Florida typical home. Homes typically sell in 165 days, below asking.
Home values, sales, trends and how Mary Esther compares with the towns next door — updated as new data is published.
Mary Esther at a glance
A buyer's market
More homes are for sale than are selling — about 7 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Mary Esther | Florida |
|---|---|---|
| 2017 | $184,000 | $209,000 |
| 2018 | $197,000 | $226,000 |
| 2019 | $212,000 | $242,000 |
| 2020 | $229,000 | $253,000 |
| 2021 | $261,000 | $276,000 |
| 2022 | $304,000 | $340,000 |
| 2023 | $333,000 | $392,000 |
| 2024 | $338,000 | $402,000 |
| 2025 | $334,000 | $397,000 |
| 2026 | $322,000 | $377,000 |
| August 2026 | $323,000 | $376,000 |
Mary Esther and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Mary Esther | $323K | −0.4% | $1,710 | — | $76,890 |
| Fort Walton Beach | $322K | +1.1% | $1,760 | 20 | $68,538 |
4.2 years of income
The typical Mary Esther home costs about 4.2 years of the town's median household income, less than across Florida (5 years).
How Mary Esther ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,710
HUD's Fair Market Rent for a two-bedroom in Mary Esther is $1,710 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mary Esther pay a median of $1,699. A two-bedroom takes about 27% of the town's median household income.
Studio $1,300 · 4 bedrooms $2,850
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (32569; Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.