Home prices
The median home in Mary Esther is valued at $186,800. It is about $28,620 (13%) lower compared to the surrounding areas.It is roughly $30,700 (14%) lower in comparison to the nation as a whole, and in comparison to the city of Pensacola it is approximately $4,000 (2%) higher.
Rents
Mary Esther's median rent is $1,105 a month. Compared to the surrounding areas it is approximately $19 (1%) lower.Compared to the United States as a whole it is about $43 (4%) higher, and in comparison to the city of Pensacola is approximately $151 (15%) higher.
Nearby places
Fort Walton Beach
Fort Walton Beach is Mary Esther's neighbor to the northeast. Its real estate prices are pretty similar. The price of the median home in Fort Walton Beach is $185,900, which is very similar to Mary Esther. Its rents are a little less expensive. In Fort Walton Beach the median monthly rent is $988, which works out to $117 (11%) lower than Mary Esther.
Wright
Wright is about 2 miles north of Mary Esther. Real estate prices there are a little less expensive. The cost of the median home in Wright is $168,500, which works out to $18,300 (10%) lower than Mary Esther. Rents there are similar. The median monthly rent in Wright is $1,064, which comes out to $41 (3%) lower than Mary Esther.
Cinco Bayou
Cinco Bayou is approximately 2 miles east of Mary Esther. The real estate prices there are a little more expensive. The median home value in Cinco Bayou is $235,700, which works out to $48,900 (20%) higher than Mary Esther. Rent there is similar. In Cinco Bayou the median monthly rent is $1,105, which is very similar to Mary Esther.
Ocean City
Ocean City is roughly 3 miles northeast of Mary Esther. Housing prices there are a bit less expensive. Ocean City's median home cost is $174,800, which works out to $12,000 (6%) lower than Mary Esther. Its rents are a little less expensive. In Ocean City the median monthly rent is $947, which comes out to $158 (16%) lower than Mary Esther.
Shalimar
Shalimar is approximately 4 miles northeast from Mary Esther. Housing prices there are significantly more expensive. The median home cost in Shalimar is $312,200, which works out to $125,400 (40%) higher than Mary Esther. The rent there is somewhat more expensive. In Shalimar the median rent is $1,517 per month, which comes out to $412 (27%) higher than Mary Esther.