Mary Esther, FL 32569 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Mary Esther, FL—32569

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$321,000

2.0% YoY Growth

Household Income

$73,800

19.0% YoY Growth

Days on Market

6.0% Longer YoY

Home Price Forecast

-1.3%

Median Rent

$2,000

1.6% YoY Growth

1-Bed Rent

$1,100

5.4% YoY Growth

2-Bed Rent

$1,400

0.7% YoY Growth

3-Bed Rent

$2,100

1.9% YoY Growth

Home Price Trends — Mary Esther, FL

As of May '26, the median home price in Mary Esther, FL is $321,000, with a year-over-year change of -2.0%. This indicates that home prices in Mary Esther, FL are decreasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$321,000	-2.0%
Single Family	$324,000	-0.9%
Condos	$253,000	-17.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Mary Esther, FL

As of July '25, Rentcast reports the average rent in Mary Esther, FL is $1,960, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Mary Esther, FL is 1-bedrooms: $1,180, 2-bedrooms: $1,520, 3-bedrooms: $2,100, 4-bedrooms: $2,470. The most common rental property sizes in Mary Esther, FL are 3-bedroom and 2-bedroom, accounting for 45.4% and 38.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$1,960
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,180
2 Bed Rent	$1,400	$1,520
3 Bed Rent	$2,100	$2,100
4 Bed Rent	$2,370	$2,470

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% of Rental Stock

Studio

1.2%

1 Bedroom

9.4%

2 Bedrooms

38.6%

3 Bedrooms

45.4%

4 Bedrooms

5.4%

Property Listings — Mary Esther, FL

As of May '26, Realtor.com reports that the median days on market for a home in Mary Esther, FL is 73. This is a increase of 6.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$343,000	2.0%
Listing Count	122	4.0%
Listings as % of Homes	1.1%	4.0%
Days on Market	73	6.0%

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Demographics — Mary Esther, FL

As of the latest ACS Survey released in 2023, Mary Esther, FL has a population of 12,600, which has decreased by -2.5% over the past 5 years. Mary Esther, FL is a moderately popular place for families, as children make up 16.9% of the population. The area has a moderately educated workforce, with 39.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,600	-2.5%
% Under 18	16.9%	-19.9%
% Seniors	14.7%	20.5%
% WFH	12.6%	800.0%
% w/ College Degree	39.8%	50.8%

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As of the latest ACS Survey released in 2023, Mary Esther, FL is a predominantly white area, with 62.6% of the population identifying as white. The white population has shrunk by 11.2% in the last 5 years. The second most common race or ethnicity in Mary Esther, FL is black, making up 11.9% of the population. Foreign-born residents account for 4.8% of the population in Mary Esther, FL, and this percentage has decreased by 50.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	62.6%	-11.2%
% Black	11.9%	41.7%
% Hispanic	8.7%	-16.3%
% Asian	7.6%	65.2%
% Foreign Born	4.8%	-50.5%

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Mortgage and Risk — Mary Esther, FL

According to HUD data as of 2023, there were 308 mortgage originations in Mary Esther, FL, of which 44.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Mary Esther, FL. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	308
% Conventional Loans	44.0%
% Government Loans	56.0%
% Investor Loans	0.0%
% Second Loans	2.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Mary Esther, FL

As of 2024, the percent of homes in Mary Esther, FL under the Section 8 program is 1.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Mary Esther, FL, because HUD payments exceed market rent, while 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	22
Total Units Section 8	22
% Rentals under Section 8	1.3%
% Occupied Section 8	72.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$210	$1,100	$1,310
2 Bedroom	$70	$1,400	$1,470
3 Bedroom	-$60	$2,100	$2,040
4 Bedroom	$100	$2,370	$2,470

Mary Esther, FL—32569

Key Metrics at a Glance

Home Price Trends — Mary Esther, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mary Esther, FL

% of Rental Stock

Property Listings — Mary Esther, FL

Demographics — Mary Esther, FL

Race and Ethnicity

Mortgage and Risk — Mary Esther, FL

Mortgages

Rentals and Section 8 — Mary Esther, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Mary Esther, FL

Home Price to Income Ratio

Mary Esther, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Hurlburt Field, FL

Fort Walton Beach, FL

Fort Walton Beach, FL

Navarre, FL

Shalimar, FL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$321,000
Median Household Income	$73,800

Mary Esther, FL—32569

Key Metrics at a Glance

Home Price Trends — Mary Esther, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mary Esther, FL

% of Rental Stock

Property Listings — Mary Esther, FL

Demographics — Mary Esther, FL

Race and Ethnicity

Mortgage and Risk — Mary Esther, FL

Mortgages

Rentals and Section 8 — Mary Esther, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Mary Esther, FL

Home Price to Income Ratio

Mary Esther, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Hurlburt Field, FL

Fort Walton Beach, FL

Fort Walton Beach, FL

Navarre, FL

Shalimar, FL

Frequently Asked Questions

What is the average home price in Mary Esther, FL 32569?

How have home prices in Mary Esther, FL 32569 changed over the past year?

What is the home price projection for Mary Esther, FL 32569?

What are the demographics of Mary Esther, FL 32569?

How long does it take homes to sell in Mary Esther, FL 32569?

What is the average rent price in Mary Esther, FL 32569?