Home Values

Mary Esther Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$153,800

  • 2.3% 1-year change
  • 1.5% 1-year forecast

The median home value in Mary Esther is $153,800. Mary Esther home values have gone up 2.3% over the past year and Zillow predicts they will rise 1.5% within the next year. The median list price per square foot in Mary Esther is None. The median rent price in Mary Esther is $1,150, which is higher than the Destin Metro median of $1,100.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mary Esther is 6.5%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mary Esther homeowners underwater on their mortgage is 25.0%, which is higher than Destin Metro at 24.7%.

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Relative ZHVI
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Mary Esther Market Overview

Data through Apr 30, 2015
  • $153,800 ZHVI
  • 1.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $160,824 Median sale price (Mar 31, 2015)
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Mary Esther Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 25.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 6.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Miramar Beach $318,800
Destin $287,700
Niceville $232,100
Name Median ZHVI
Gulf Breeze $223,500
Shalimar $210,400
Navarre $198,600
Name Median ZHVI
Wright $143,500
Fort Walton Beach $133,800
Ocean City $132,000

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $108 Median sale price / sq ft
  • No data Listings with price cut
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Mary Esther Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,164 Mary Esther
    $1,275 Destin Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,150 Rent list price
  • $0.77 Rent list price / sq ft
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