There are currently 4,966 real estate properties in Mary Esther, FL, with a median automated valuation model (AVM) price of $322,746.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mary Esther, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mary Esther, FL, is $372,683.00, with the most expensive house in Mary Esther, FL, topping out at $5,762,492.00 and the cheapest home in Mary Esther, FL, clocking in at $28,066.00. In other words, there’s something for every potential homebuyer or savvy investor in Mary Esther, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mary Esther, FL, is on a rollercoaster ride. The average rent price in Mary Esther, FL, is $1,481.00. Indeed, when looking to rent in Mary Esther, FL, you can expect to pay as little as $700.00 or as much as $4,280.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Mary Esther, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Mary Esther is located in Okaloosa, Florida, with an estimated municipal population of 4,434 residents. All of the best foreclosed homes for sale in Mary Esther are located in the following zip code areas on Foreclosure.com: 32569. The estimated population per square kilometer (.62 miles) in Mary Esther is 1,161.
So, about how much do homes cost in Mary Esther? The most recent median value of resident-owned homes in Mary Esther is 185,632. An estimated 64.2 percent of households in Mary Esther own their homes, with an average family size of 3.08. The median household income in Mary Esther is 64,237, with26.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mary Esther, the median commute time of resident workers (in minutes) is 21. And last, but certainly not least, are you looking for homes to rent in Mary Esther? If so, the average rent price paid by renters in Mary Esther is 1,105, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Mary Esther, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Mary Esther is 42.1, split between 52.5 percent male versus 47.5 female. The percentage of residents who report being married in Mary Esther is 51.1, with an average family size of 3.08.
The percentage of residents who report their race in Mary Esther is as follows:
White | 73.6% |
Black / African American | 4.4% |
Asian | 6.5% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 9.9% |
Other | 5.6% |
Looking for family-friendly neighborhoods in and/or near Mary Esther? Or maybe you are searching for 55+ active adult communities in and/or near Mary Esther?
The percentage of residents who report their age in Mary Esther is as follows:
Under 10 | 12.5% |
Aged 10-19 | 11.1% |
20s | 14.8% |
30s | 9.5% |
40s | 11.7% |
50s | 16.1% |
60s | 12.9% |
70s | 7.3% |
80+ | 4.2% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Mary Esther with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Mary Esther.
How do you know that living in -- or moving to -- Mary Esther is right where you need to be? Perhaps you grew up in Mary Esther or already live nearby; therefore, the decision to buy a home in Mary Esther is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Mary Esther for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Mary Esther:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Mary Esther.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Mary Esther can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Mary Esther, meanwhile, can field multiple offers from more qualified buyers.
Millions of people receive foreclosure alerts daily, don't miss out.