Is Mary Esther, FL 32569 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Mary Esther is a seller’s market. With about 3.9 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score24/ 100

More competitive than 19% of U.S. ZIP codes, and #291 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.9Under 4 months = seller’s market
Sold above original list9.3%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market78Listing to accepted offer
Median price per sq ft$215▼ −0.9% vs. last year

The Mary Esther housing market right now

In the three months ending August 31, 2026, 9% of homes in Mary Esther, FL 32569 sold above their list price, the typical home went under contract in 78 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 77 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold faster (86 days then) and the median sale price fell 3% to $332,756. Overall, Mary Esther is more competitive than a year ago, so tougher for buyers.

Within Okaloosa County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 80%. On our competition score, Mary Esther ranks #291 of 796 FL ZIP codes with enough sales (score 24 out of 100).

Nearby, buyers who want less competition could look at Destin 32541 (3% sold over asking) or Fort Walton Beach 32548 (7% sold over asking), while Crestview 32536 (17% sold over asking) and Valparaiso 32580 (15% sold over asking) are even more competitive.

Nearby markets

Baker 32531Seller’s market $179 /sq ftCrestview 32536Balanced $169 /sq ftCrestview 32539Seller’s market $178 /sq ftDestin 32541Buyer’s market $391 /sq ft Browse all markets →

Where Mary Esther is

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Questions about Mary Esther real estate

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

A seller’s market: there were 3.9 months of supply in Mary Esther, FL 32569 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Mary Esther?

The typical home went under contract in 78 days in the latest three months.

Do homes in Mary Esther sell over asking?

9% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.

What are property taxes in Mary Esther?

About 0.57% of a home’s value a year in Okaloosa County, or roughly $2,280 on a $400,000 home.

What is the median home price in Mary Esther?

The median sale price was $332,756 in the three months ending August 31, 2026, about $215 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology