$4,572 Closing Credit*
$385,000
1,876 SqFt
3 Beds
•2 Full Baths
Pamela F Zurbrick, Non Member Agent (NABOR), Listing Office: Dalton Wade Inc, Non Member Office (NABOR)
Is Mary Esther, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Mary Esther was a Seller's Market.
Key Takeaway
Mary Esther is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mary Esther, FL
How much do homes in Mary Esther, FL cost?
Median Sold Price
$345,500
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,166(+4.3%)
Key Takeaway
Homes in Mary Esther have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Mary Esther was $345,500 in October 2024, up 4.3% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172K | $157.5K | -8.4% |
| 2 Bedrooms | $237.9K | $209.5K | -12.0% |
| 3 Bedrooms | $320.7K | $327K | +2.0% |
| 4 Bedrooms | $399.9K | $410K | +2.5% |
| 5+ Bedrooms | $632K | $1.0M | +58.2% |
Summary: Mary Esther housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes decreased by 12%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 58.2%.
Median Sold Price Compared To Nearby Cities
| Mary Esther | $331.3K | $345.5K | +4.3% |
| Fort Walton Beach | $345.4K | $345.3K | 0% |
Housing Supply in Mary Esther, FL
How many homes are available in Mary Esther, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 100 | +4.2% |
Summary: The Mary Esther real estate market had 100 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 51 | 52 | +2.0% |
| 4 Bedrooms | 24 | 25 | +4.2% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Mary Esther housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mary Esther, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Mary Esther in October 2024, down by 35.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Mary Esther, FL
How long does it take to sell a home in Mary Esther, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 49 Days | +7.1% |
Summary: Homes in Mary Esther had an average of 49 days on market in Oct 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mary Esther are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Mary Esther; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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