Keystone T/H
Homes for Sale in Mary Esther, FL
All 64 homes for sale in Mary Esther, FL · median $324,900 · 15 townhomes for sale in Mary Esther · 66 homes for sale in 32569 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
Homes listed or recently sold were built 2001–2001; 3 of 3 report an HOA (median $50/mo); none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 29 ft). As of November 2026, the MLS records 1 closed sale in Keystone T/H in Mary Esther, FL, the most recent in July 2026. Across Mary Esther as a whole, 253 homes closed in the last 12 months at a median of $325,000, 106 median days on market, with 67 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,190 ($3,680 with the full homestead exemption).
Keystone is a small townhome pocket in Mary Esther, and price here is driven by condition and unit specifics far more than by any headline figure. The median sits at $223,000, but with only three closings in the window, that number is a rough marker rather than a precise gauge — one updated versus dated unit can move it meaningfully.
The posture is slow. A median of 156 days on market tells you these units are not clearing quickly, which hands patient buyers real negotiating room. Sellers should price sharply from day one and expect the process to take time; anything overpriced will sit.
Figures in this note are as of July 25, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside KEYSTONE T/H right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Keystone T/H is a modest townhome community in Mary Esther, Okaloosa County, where the story is a low transaction count and a slow-moving market rather than amenities or scale.
Emerald Coast MLS sales records identify 46 homes in KEYSTONE T/H that have changed hands since 2002, built between 1998 and 2002 (median 1998), with a median living area of about 1,303 sq ft and a typical 2-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.
County records show 4 qualified sales in KEYSTONE T/H across 2024–2025 (2 in 2024, 2 in 2025), median $225,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Keystone T/H. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Keystone T/H
Keystone T/H
Keystone T/HPhotos from Emerald Coast MLS listings in Keystone T/H; content deemed reliable but not guaranteed.
Who Keystone T/H is best for.
Best for
- Buyers wanting a lower-maintenance townhome near the median who can move deliberately
- Value-focused buyers willing to trade a slow market for negotiating leverage
- Buyers prioritizing location in Mary Esther over on-site amenities
Probably not for
- Buyers who need a quick, competitive close
- Buyers wanting community amenities like a pool or clubhouse
- Buyers who want a deep set of recent comps to anchor their offer
The market around Keystone T/H
Keystone T/H is too small for its own price trend, so here is the market around it.
In ZIP 32569, 84 homes are on the market and 18% are under contract — a slower corner of Mary Esther.
Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).
In ZIP 32569 (Mary Esther), 64 homes closed in the last 12 months at a median of $325K, up 10.3% year over year, with a median 68 days on market. Right now 41 active and 12 pending listings put supply at about 7.7 months — a buyer's market. See the live ZIP 32569 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Keystone T/H specifically. Momentum Research analysis of MLS records.
Keystone T/H on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap contributors.
The Keystone T/H buying strategy.
If we were buying in Keystone T/H today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Keystone T/H.
A thin, slow townhome market
With just three closings in the tracked window, Keystone trades infrequently. That thinness cuts both ways: comparable sales are scarce, so pricing leans heavily on the condition and layout of each individual unit rather than a deep pool of recent data.
No community amenities turned up in current MLS listings, so value here rests on the townhomes themselves and on Mary Esther's location within Okaloosa County. A median of 156 days on market underscores that buyers have time to evaluate and negotiate, and that sellers need to lead with a credible price.
The location and the amenities are priced into every listing in Keystone T/H. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume community like Keystone, a handful of sales sets the tone, so reading condition against the median matters more than chasing a comp. We help buyers use the slow 156-day pace as leverage and help sellers price honestly so a unit does not languish.
Keystone T/H in 15 seconds.
Tools for a Keystone T/H buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Keystone T/H sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Keystone T/H, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Keystone T/H home worth?
Get a no-obligation home value based on real comparable sales in Keystone T/H, 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 →
| Location | Mary Esther, Okaloosa County, FL · ZIP 32569 |
|---|---|
| Homes in the community | 48 (FL DOR 2025 assessment roll) |
| Years built | 1998–2002 (median 2000.0) |
| Typical living area | 1,454 sq ft (median) |
| Amenities listed by sellers | Security System |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 21% |
Data as of November 9, 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, “Keystone T/H key facts,” movewithmomentum.com/neighborhoods/keystone-t-h, data as of November 9, 2026.
Housing distress & ownership in KEYSTONE T/H, Mary Esther
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
More Mary Esther home searches
- All homes for sale in Mary Esther, FL
- Homes for sale in Okaloosa County, FL
- Mary Esther home values: what is my house worth?
- ZIP 32569 housing scorecard
- 8 coming-soon communities in Okaloosa County
Mary Esther guides & data
- Market data
- Property taxes (Okaloosa County)
- Homestead exemption (Okaloosa County)
- Home insurance cost
- New construction
- New construction (Okaloosa County)
- Home builders (Okaloosa County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
What it really costs to own in Keystone T/H
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| HOA dues | Median $600/year (about $50/month) across 3 MLS listings (most billed annually; 2026-11-12). Dues cover what the documents say they cover; ask for the budget and reserve study. |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Okaloosa County is $2,644/yr (1,101 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2001 across 3 listings. An original roof here would be about 25 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Keystone T/H
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.
Ask an agent about Keystone T/H
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Keystone T/H will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
How many homes are in Keystone T/H?
What share of Keystone T/H is owner-occupied?
When were the homes in Keystone T/H built?
Who is the best real estate agent for Keystone T/H?
How do I find a top Mary Esther real estate agent who knows Keystone T/H?
Can Momentum Realty connect me with an agent for Keystone T/H?
Where is Keystone T/H, and what county is it in?
Should you buy in Keystone T/H?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: November 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32569)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (1 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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