Mary Esther, Florida Real Estate & Housing Market

Mary Esther, FL Listings

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Mary Esther Housing Information

Index	Mary Esther	Florida	National
Median home price	$160,000	$166,800	$184,700
Median rent asked	$1,090	$1,032	$949
Avg. people per household	2.3	2.6	2.6
Owner occupied households	68.1%	64.8%	63.6%
Renter occupied households	31.9%	35.2%	36.4%

Above, you'll find an overview of the real estate market in Mary Esther, FL. Generally, real estate in the Mary Esther, FL area is more affordable in Florida, as the median price of a home in Mary Esther, FL is $160,000, which is 4% lower than the Florida average. The median rental price in Mary Esther, FL is $1,090. This is 6% higher than the average rental price in Florida. Home owners comprise 68.1% of the population of Mary Esther, FL, where an average of 2.3 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Mary Esther, FL. Below, you can search for real estate listings in Mary Esther, FL using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Mary Esther Home Affordability

When searching for real estate in Mary Esther, FL, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Mary Esther, FL, the median house price is $160,000, while the median income for households in the area is $54,390. Therefore, the ratio of house price to income is 2.9x; this ratio is 14% lower than the average in Florida. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Mary Esther, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Eglin AFB, FL	2,114	$0	100%
Holley, FL	1,642	$150,500	19%
Wright, FL	23,382	$160,900	13%
Ocean City, FL	6,305	$163,200	12%
Fort Walton Beach, FL	21,238	$164,100	11%
Mary Esther, FL	4,177	$160,000	13%

Cities with similar population

City, State	Population	Home Price	National Avg.
Camp Lake, WI	4,175	$152,700	17%
Dyersville, IA	4,180	$149,600	19%
Westover, WV	4,180	$139,500	24%
Brookdale, SC	4,174	$78,900	57%
Beaufort, NC	4,181	$203,700	10%
Mary Esther, FL	4,177	$160,000	13%

Source: The Mary Esther, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).