Is Mary Esther, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mary Esther is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Mary Esther has remained a Seller's Market.

Key Takeaway

Mary Esther is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Mary Esther, FL cost?

Median Sold Price

$280,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$40,000(+16.7%)

Key Takeaway

Homes in Mary Esther have sold for 16.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $109.2K$170K
+55.6%
2 $152K$183.2K
+20.6%
3 $250K$285K
+14.0%
4 $280K$350K
+25.0%
5+ $425K$510K
+20.0%

Median Sold Price Compared To Nearby Cities

Mary Esther
+16.7%
Fort Walton Beach
+9.0%
Eglin AFB
-19.5%

How many homes are available in Mary Esther, FL?

Number of Homes For Sale

Jun 2022Jul 2022%
4437-15.9%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 11
0.0%
2 76
-14.3%
3 2218
-18.2%
4 119
-18.2%
5+ 33
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
179-47.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mary Esther, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
2 Days21 Days+790.9%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mary Esther are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Mary Esther, FL

Homes for sale in Mary Esther, FL have reached 37. The inventory of homes for sale in Mary Esther, FL between June 2022 and July 2022 decreased by 15.9%. In July 2022 median list price was $280,000 and the average listing age was 21 days. This housing market listing prices have changed between June 2022 and July 2022: 1 bedroom properties prices increased by 55.6%, 2 bedrooms properties became 20.6% more expensive, 3 bedrooms properties became 14% more expensive, 4 bedrooms properties prices increased by 25%, 5 bedrooms properties prices increased by 20%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 14.3%, 3 bedrooms homes inventory decreased by 18.2%, number of 4 bedrooms homes decreased by 18.2%, number of 5 bedrooms homes remained the same. Mary Esther, FL housing market in July 2022 saw over 4 listings sold above listed price, more than 3 sold at listed price and over 2 sold below.

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