Forest Shore Villas Townhomes in Mary Esther

Forest Shore Villas Townhomes
Homes for Sale in Mary Esther, FL

All 72 homes for sale in Mary Esther, FL · median $324,900 · 18 townhomes for sale in Mary Esther · 79 homes for sale in 32569 · Okaloosa County homes for sale

Community in Mary Esther · Okaloosa County · ZIP 32569
Median sale $320K
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data1 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, Forest Shore Villas Townhomes in Mary Esther, FL has 14 homes for sale and 2 pending, asking from $267,900 to $354,900 (median $324,900). Over the 12 months ending 2026-09-20, 31 recorded sales closed at a median of $319,900, a median 112 days on market, sellers accepting 100% of original asking. Homes listed or recently sold were built 2026–2026 with 28 new construction; none of the 28 geocoded homes sit in a FEMA special flood hazard zone (median elevation 11 ft). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,130 ($3,620 with the full homestead exemption).

Last 30 days in Forest Shore Villas: 2 under contract right now, 4 closed sales (median $284,900). As of October 20, 2026, Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate.

Live · Forest Shore Villas Townhomes Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$320K
Median sold · 12 mo
100.0%
Sale vs ask
Tempo
6.2mo
Supply
3 to 6 months is the balanced band
112days
Median DOM · closed
112 days at the 2026 low
20%
Under contract
Okaloosa: 23% (551 of 2,441)
16 · 4
For sale · pending
live counts, refreshed twice daily
31
Sold · last 12 mo
10-yr average: about 16 a year
Ownership and context
0%
Owner-occupied · Forest Shore Villas Townhomes
0 of 76 parcels homesteaded (FL DOR 2025)
100%
Non-owner-occupied · Forest Shore Villas Townhomes
incl. 100% trust or LLC-held · 0% out-of-state

Homes For Sale Right Now in Forest Shore Villas Townhomes

Live MLS inventory for Forest Shore Villas Townhomes. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Forest Shore Villas Townhomes listings as of 2026-10-20, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 26, 2026

Forest Shore Villas is a townhome community in Mary Esther, and pricing here is driven less by any address premium than by condition and the specifics of each unit. With a median around $319,900 and no shared amenities identified in current listings, value comes down to what's been updated inside and how a given townhome shows against its neighbors.

The market posture right now favors patience over urgency. With 22 active listings against 27 closings and a median 111 days on market, inventory is stacked and homes are sitting. Buyers have room to negotiate and time to be selective; sellers need sharp pricing and clean presentation to avoid becoming one of the listings that lingers.

Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Forest Shore Villas Townhomes Housing Pulse · Momentum Research · as of September 20, 2026

Forest Shore Villas Townhomes right now

🟢 Buyer-leaning market. 6.2 months of supply and 20% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 20, 2026. Confidence: Very High (20 active and pending listings, 31 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated October 20, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Forest Shore Villas Townhomes market snapshot (as of September 20, 2026): the median sale price is about $320K, a median 112 days on market for closed sales, and 6.2 months of supply, a buyer-leaning market.

In ZIP 32569 (Mary Esther), 304 homes closed in the last 12 months at a median of $325K ($218/sq ft), up 0.1% year over year, with a median 51 days on market. Right now 77 active and 41 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 32569 housing market and the Okaloosa County market.

Emerald Coast MLS sales records identify 49 homes in Forest Shore Villas Townhomes that have changed hands since 2025, built between 2025 and 2026 (median 2026), with a median living area of about 1,466 sq ft and a typical 3-bedroom, 2.5-bath layout; 100% are townhomes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Flood zones in Forest Shore Villas Townhomes: of 19 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov.

This is a townhome-only community in Mary Esther with no amenities showing in current MLS data, so the buying decision rests on the unit itself and the location rather than on-site features.

Best for

  • Buyers targeting a townhome near the mid-$300s who can be patient and selective
  • Buyers who want negotiating leverage in a market where listings sit
  • Longer-term owners who are comfortable holding through a slow-moving resale market

Probably not for

  • Buyers who need to resell quickly or expect a fast exit
  • Buyers who want on-site amenities as part of the package
  • Buyers seeking a fast-moving, competitive market with quick closings

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap contributors.

Schools

In short
  • Okaloosa County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Florosa · Elementary
  • Bruner · Middle
  • Fort Walton Beach · High

Zoned schools reflect the assignments reported on recent Forest Shore Villas Townhomes listings and can change; always confirm with Okaloosa County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Forest Shore Villas Townhomes address.

If we were buying in Forest Shore Villas Townhomes today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Forest Shore Villas Townhomes.

Best Buy
Buyers who want a townhome in Mary Esther and value negotiating room over speed.
Biggest Risk
A 111-day median means resale can be slow, so plan to hold.
Sweet Spot
An updated, move-in-ready unit bought below the median after patient negotiation.
Avoid If
You need a quick resale or amenities on site.

A condition-driven townhome market

The single most useful number here is time. A median of 111 days on market tells you these townhomes do not clear quickly, and with 22 active listings sitting against 27 recent closings, there is real supply to work through. That combination gives buyers leverage and tells sellers not to expect a fast, over-asking result.

Because no community amenities turn up in the listings, price separation comes from the townhomes themselves. Updated interiors, thoughtful layouts, and move-in-ready condition are what pull a unit toward or past the median; dated or deferred-maintenance homes are the ones most likely to add to that day count. Expect a wide spread around the median driven by condition rather than by any tiered pricing structure.

“

The location and the amenities are priced into every listing in Forest Shore Villas Townhomes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
4.6C- · Buy Score
Liquidity & Demand3.8/10
Owner Commitment0.0/10
Pricing Power10.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.6). Basis: Liquidity & Demand 6.2 months of supply; Owner Commitment 0% owner-occupied; Pricing Power 100.0% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this slow-moving, the details matter: pricing to the current pace, reading which of the 22 active listings are real competition, and knowing where a unit's condition places it against the median. We track the Emerald Coast feed closely enough to tell a seller what actually moves and to tell a buyer where the negotiating room really is.

Forest Shore Villas Townhomes in 15 seconds.

Best forBuyers who want a townhome in Mary Esther and value negotiating room over speed.
Biggest advantageA slow market with stacked inventory that tilts leverage toward buyers.
Biggest riskA 111-day median means resale can be slow, so plan to hold.
Sweet spotAn updated, move-in-ready unit bought below the median after patient negotiation.
Avoid ifYou need a quick resale or amenities on site.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Forest Shore Villas Townhomes sales matched to your home.

What is your Forest Shore Villas Townhomes home worth?

Get a no-obligation home value based on real comparable sales in Forest Shore Villas Townhomes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Mary Esther →

Real comps, not an automated estimate.

Recently off market in Forest Shore Villas Townhomes

Homes in Forest Shore Villas Townhomes that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 9 on record.

Forest Shore Villas Townhomes key facts
LocationMary Esther, Okaloosa County, FL · ZIP 32569
Home types (current listings and sales)townhouses 100%
Sale prices, last 12 months$319,900 median across 31 closed sales
Days on market (closed sales)112 median
For sale right now16 active, 4 pending · median asking $312,400 · 6.2 months of supply
Owner-occupied (homestead) share0%

Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Forest Shore Villas Townhomes key facts,” movewithmomentum.com/neighborhoods/forest-shore-villas-townhomes, data as of September 20, 2026.

Just listed in Forest Shore Villas Townhomes

The newest homes for sale in Forest Shore Villas Townhomes right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS Oct 20, 2026. All new listings in this market.

Every Home for Sale in Forest Shore Villas Townhomes Right Now (16)

All 16 active and pending Forest Shore Villas Townhomes listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

Recent Developments in Forest Shore Villas Townhomes

Development, infrastructure, retail, and school activity affecting Forest Shore Villas Townhomes, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.

  1. October 2026
    Parks & Amenities

    Okaloosa and Cinco Bayou open upgraded boat ramp with new trailer parking

    Okaloosa County and the Town of Cinco Bayou held a ribbon cutting for upgraded boat ramp facilities, including 16 new boat trailer parking spaces, a new restroom and landscaping. The $4.1 million total, funded largely by tourism development funds, also covers the $2.95 million purchase of a former bank building at 198 Eglin Parkway NE. Future dock improvements are planned.

    What it may mean for the marketAdded trailer parking and ramp access improve waterfront recreation access for Fort Walton Beach area boaters. The project is about 6 miles west of Forest Shore Villas Townhomes, elsewhere in Okaloosa County.

    Source: Get The Coast
  2. September 2026
    Civic

    Okaloosa commissioners reject 12-month data center moratorium 3-2

    Okaloosa County commissioners voted 3-2 on September 15 against a 12-month data center moratorium. On September 3 the board unanimously directed staff to develop a regulatory framework for data centers, with an outline due within 60 days. No specific project or site was proposed, and commissioners discussed protecting the Shoal River Industrial Park.

    What it may mean for the marketThe pending rules will shape where large power-and-land-intensive facilities can locate in the county, including industrial land near Crestview. The project is about 24 miles north of Forest Shore Villas Townhomes, elsewhere in Okaloosa County.

    Source: Get The Coast
  3. September 2026
    Parks & Amenities

    Destin and Okaloosa County agree on management of 4-acre Holiday Isle state park

    Destin and Okaloosa County unanimously agreed to back Destin as manager and developer of the roughly four-acre state-acquired park on Holiday Isle near Norriego Point. In return, Destin council voted 5-2 to offer free parking to all Okaloosa County residents at city-owned lots and parks. The deal still requires state Board of Trustees and DEP review.

    What it may mean for the marketManagement of the Holiday Isle park and city parking rules will affect public waterfront access and parking in Destin. The site is less than a mile east of Forest Shore Villas Townhomes.

    Source: Get The Coast
  4. June 2026
    Civic

    DeSantis signs state budget with funding for Okaloosa County projects

    Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.

    What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 9 miles north of Forest Shore Villas Townhomes.

    Source: Get The Coast
  5. May 2026
    Development

    Okaloosa commissioners approve master plan for 392-lot River Park subdivision in Crestview

    Okaloosa County commissioners unanimously approved the master plan for River Park, a 392 lot single family subdivision on 263 acres east of Main Drive and north of Airport Road in Crestview. The project by River Park Landing LLC will be built in three phases, with each phase requiring a separate development order approval.

    What it may mean for the marketAdds substantial single family housing supply to the Crestview market and phases new residential construction onto a large tract in north Okaloosa County. The project is about 26 miles north of Forest Shore Villas Townhomes, elsewhere in Okaloosa County.

    Source: Get The Coast
  6. May 2026
    Infrastructure

    Okaloosa County opens $212M Southwest Crestview Bypass

    Okaloosa County opened the $212 million Southwest Crestview Bypass, a 3.5 mile four lane corridor connecting Antioch Road to State Road 85 with access from U.S. Highway 90. The project includes a 1,713 foot bridge, sidewalks, a multi use path, and direct access to the new Pineview K-8 school opening in August 2026.

    What it may mean for the marketAdds a major four lane traffic corridor serving southwest Crestview and expands regional road capacity for surrounding growth in north Okaloosa County. The project is about 22 miles north of Forest Shore Villas Townhomes, elsewhere in Okaloosa County.

    Source: Get The Coast

Development alerts for Forest Shore Villas TownhomesGet a short monthly email when something new is approved, funded, or opens near Forest Shore Villas Townhomes.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

How much local inventory is already under contract

12% of homes for sale in Forest Shore Villas Townhomes are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-20).

Forest Shore Villas Townhomes Market Scorecard

Balanced

Forest Shore Villas Townhomes is currently a balanced market. About 4.8 months of supply, a median asking price of $324,900, and homes go under contract in about 197 days.

4.8
Months supply
$324,900
Median list
$303,900
Median sold
n/a
Per sqft
197
Days on mkt
14/2/35
Active/Pend/Sold

Typical home value in the 32569 ZIP is $319,306, about 12.5% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Email me new listings in Forest Shore Villas Townhomes

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Forest Shore Villas Townhomes

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Forest Shore Villas Townhomes will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

What is the median home price in Forest Shore Villas Townhomes?
The median sale price in Forest Shore Villas Townhomes was $320K over the 12 months ending September 20, 2026 (31 closed sales, Emerald Coast MLS).
How long do homes in Forest Shore Villas Townhomes take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 112 days on market (31 sales, Emerald Coast MLS).
Is Forest Shore Villas Townhomes a buyer's or seller's market right now?
As of September 20, 2026, Forest Shore Villas Townhomes leans toward buyers: 6.2 months of supply at the current sales pace (Emerald Coast MLS live counts).
What share of Forest Shore Villas Townhomes is owner-occupied?
0% of Forest Shore Villas Townhomes parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
Who is the best real estate agent for Forest Shore Villas Townhomes?
The best agent for Forest Shore Villas Townhomes is one who actively works Mary Esther and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Forest Shore Villas Townhomes.
How do I find a top Mary Esther real estate agent who knows Forest Shore Villas Townhomes?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Forest Shore Villas Townhomes and the wider Mary Esther area.
Can Momentum Realty connect me with an agent for Forest Shore Villas Townhomes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Forest Shore Villas Townhomes purchase or sale - no call center and no pressure.
Where is Forest Shore Villas Townhomes, and what county is it in?
Forest Shore Villas Townhomes is in Mary Esther, Okaloosa County, FL, ZIP 32569. The community's center is about 21 miles west of the center of Mary Esther (straight-line).
Is Forest Shore Villas Townhomes in a flood zone?
No, for the homes we can see: all 19 homes we sampled in Forest Shore Villas Townhomes sit outside a FEMA Special Flood Hazard Area (Zone X), where a lender does not require flood insurance. Flood zones are drawn parcel by parcel, so check the exact address on FEMA's flood map before you close; the flood section on this page shows the community's mix.
Is Forest Shore Villas Townhomes a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Forest Shore Villas Townhomes: the median sale price over the last 12 months was $320K (31 sales), about the same as the Mary Esther median of $320K; homes took a median 112 days to go under contract; supply is 6.2 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.
Buyers targeting a townhome near the mid-$300s who can be patient and selectiveExcellent fit
Buyers who want negotiating leverage in a market where listings sitExcellent fit
Longer-term owners who are comfortable holding through a slow-moving resale marketExcellent fit
Buyers who need to resell quickly or expect a fast exitProbably not
Buyers who want on-site amenities as part of the packageProbably not
Buyers seeking a fast-moving, competitive market with quick closingsProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: October 20, 2026)
Community market statsEmerald Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32569))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2025 (31 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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Nearby Communities

Explore more neighborhoods near Forest Shore Villas Townhomes with Momentum Realty’s local guides.

Wynnehaven Beach Estates0.3 mi away · median $325K, 11 sales/12 moWynne Haven0.4 mi away · 41 homes, built 1965–24Pritchard Point0.4 mi away · 2 for saleWBWynnehaven Beach Estates W10.4 mi away · 41 homes, built 1965–24Domenicas Cove T H0.5 mi away · 12 homes, built 1998–01, 1 for saleSandy Pointe0.5 mi away · 7 homes, built 1991–23, 1 for salePine Haven S D0.6 mi awayWynnehaven Beach Patio Homes0.6 mi away · 45 homes, built 1950–16

Browse all neighborhood guides →

Thinking of selling in Forest Shore Villas Townhomes? 31 recorded closings; median 112 days on market (window ending 2026-09-20). See the Okaloosa County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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