Popular Neighborhoods in Mercer Island, WA. With 25,894 people, 10,123 houses or apartments, and a median cost of homes of $1,374,982, Mercer Island house prices are not only among the most expensive in Washington, Mercer Island real estate also is some of the most expensive in all of America. See Maps, Photos, and More. To verify enrollment eligibility for a property, contact the school directly. Homes in Mercer Island, WA sold for approximately the asking price on average in December 2020. Mercer Island, WA Home Reports Search property reports to locate Mercer Island property information and Mercer Island home values using our Homefacts database. School service boundaries are intended to be used as reference only. There are 39 homes for sale in Mercer Island, WA, 8 of which were newly listed within the last week. Mercer Island real estate continues to buck the trend, according to the latest statistics from the Northwest Multiple Listing Service. You can also find 7 private and charter schools. Most homes get multiple offers, often with waived contingencies. * School data provided by National Center for Education Statistics, Pitney Bowes, and, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? Search homes for sale in Mercer Island, WA for free. Looking for only waterfront? Consider buying or renting a home in one of these popular neighborhoods. View all 56 listings available in Mercer Island with an average price of $1,744,270. Contact Megan. There are 46 neighborhoods in Mercer Island. Some of these homes are Hot Homes, meaning they're likely to sell quickly. In 2019, 39.8% of all homes, and 12.7% of homes priced above $2 million, sold for at or above their listed price. Discover more Mercer Island listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. Coldwell Banker estimates the median home price in Mercer Island is $2,399,000. Mercer Island, WA is a seller's market in December 2020, which means that there are more people looking to buy than there are homes available. Average Home Values By City. Right now, there are 98 homes listed for sale in Mercer Island, including 46 condos and 0 foreclosures. Local Realtors say just 24 homes and condos were sold on Mercer Island in November with a median price of $682,000 — a steep drop from 38 … Zillow has 8 homes for sale in Mercer Island WA matching Views Lake. Some of the best neighborhoods in or around Mercer Island, Washington are South End, Downtown Mercer Island and Mercerwood. Inventory of single family homes and condominiums dropped 30 percent from a year ago in June. Mercer Island is a luxury real estate market as evidenced by the average active list price of approximately $3.45 million, but there are fantastic Mercer Island homes that can be purchased well under the average price. Mercer Island Median Sales Price. The average sale price per square foot in Mercer Island is $629, up 24.3% since last year. But when a Mercer Island condo or town home could be found, buyers were finding relative bargains with an average sales price of $301,186 — more than $50,000 less than last year. Potential home buyers have 146 homes to choose from compared to 202 last year. There are 164 homes for sale in Mercer Island with a median price of $1,650,000, which is an increase of 2.1% since last year. The median listing price per square foot was $580. What is the median home price in Mercer Island? In Mercer Island it looks a lot like a Colonial. See Maps, Photos, and More. by Linda Ball; Tuesday, June 14, 2011 1:51pm; News The Mercer Island housing market is very competitive. The American Community Survey, conducted by the U.S. Census Bureau, publishes detailed estimates about Mercer Island's owner-occupied housing each year, including data about Home Value.. View Mercer Island median home price data from the past 6 months, 1 year, or 3 years by using the toggle buttons in the top-right corner of the graph. The median list price in Mercer Island was less than 1% change from October to November. The trend for median days on market in Mercer Island, WA has gone up since last month, and slightly up since last year. The median list price of homes in Mercer Island, WA was $1.7M in December 2020, trending down -2.7% year-over-year. The median listing price per square foot was $580. Mercer Island Homes For Sale $1,401,000; Beaux Arts Village Homes For Sale-Bellevue Homes For Sale $819,700; Bryn Mawr-Skyway Homes For Sale $414,400; Burien Homes For Sale $381,100; Clyde Hill Homes For Sale $2,425,000; Hunts Point Homes For Sale-Issaquah Homes For Sale $726,800; Kent Homes For Sale $360,400 Additionally, there are 16 rentals, with a range of $1.1K to $11.5K per month. The median list price of homes in Mercer Island, WA was $1.7M in December 2020, trending down -2.7% year-over-year. parks and gyms. On Mercer Island, the average price for a four-bedroom, two-bath home is $1.06 million. Browse all available 3-bedroom apartments in Mercer Island, WA . - Overall, Seattle, Washington is 39.2% cheaper than Mercer Island, Washington - Median Home Cost is the biggest factor in the cost of living difference. With 53 new units coming on the market last month and 31 closed sales, there are 141 active residential listings on Mercer Island. You can research home values, browse Mercer Island's hottest homes, and see what Coldwell Banker's agents have to … The lowest was a $685,000 West Mercer Way rambler in need of a major renovation or complete rebuild. The median list price per square foot is $635, which is higher than the entire Seattle, Tacoma, and Bellevue Metro area of just $275. The median list price per square foot in Mercer Island … Unlike the Census—which is an exact count of people and households every ten years—ACS statistics are estimated based on a representative survey sample. The four-bedroom home at 4214 86th Ave. S.E. - Median Home Cost is 54% cheaper in Seattle. The average sale price per square foot in Mercer Island is $629, up 24.3% since last year. Smart-phone friendly size here. See more real estate market trends for Mercer Island. The median household income in Mercer Island, Washington is $115,672. Days on Market shows you how long on average homes in Mercer Island took to sell. Mercer Island… Homes in Mercer Island receive 3 offers on average and sell in around 12.5 days. The average rent for an apartment in Mercer Island is $2,204, a 2% decrease compared to the previous year, when the average rent was $2,253. a minimal amount of infrastructure for biking. Mercer Island, WA Rental Market Trends Highlights. Mercer Island is more family-centric than the surrounding county with 32% households with children. Mercer Island, Washington has a population of 25,058. Homes for sale in Mercer Island have a median listing price of $1.6M . On average, homes in Mercer Island, WA sell after 60 days on the market. Bradley Knowles • Windermere Real Estate Midtown Windermere RE/Capitol Hill,Inc, Sandra Levin • John L. Scott, Inc. Realogics Sotheby's Int'l Rlty, Evan Wyman • COMPASS Realogics Sotheby's Int'l Rlty, Dana Fitzpatrick • Realogics Sotheby's Int'l Rlty FlyHomes, Kelly Weisfield • COMPASS Coldwell Banker Bain, Cindy Verschueren • John L. Scott, Inc. Windermere Real Estate/East, Afi Armin • Pellego, Inc. Kelly Right RE of Seattle LLC. Mercer Island is located in Washington. Real Estate Highlights in Mercer Island, WA. Mercer Island home prices drop in May. The median sale price was $2.2M. Mercer Island, Washington’s cost of living is 87% higher than the national average. Explore data for the past 6 months, 1 year, or 3 years. There are 39 homes for sale, ranging from $359K to $17.8M. Take a closer look at median list prices in Mercer Island with our table view. 29 Homes For Sale in Mercer Island, WA. 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. Includes waterfront and non-waterfront properties on Mercer Island. Mercer Island, WA hosts 6 public schools rated good and higher by GreatSchools. The price range for a 3-bedroom apartment in Mercer Island, WA is between $5,179 and $6,070. Mercer Island's Real Estate Market Snapshot In the past 12 months, the price of homes sold in Mercer Island ranged between $360,000 and $4,300,000. Find out by comparing median home prices in Mercer Island over the past three years with our interactive graph, or get a weekly glance with the table view. Our free service analyze millions of home sales to find the perfect agent for you. Floods Lake Side has a median listing price of $3.8M, making it the most expensive neighborhood. Updated live with the latest information. The median list price in Mercer Island is $2,183,500. Search homes for sale in Mercer Island, WA for free. Homes for sale in Mercer Island, WA have a median listing price of $1,746,944. In Mercer Island, WA, the median house price is $956,200, while the median income for households in the area is $129,348. We’ll provide you with comprehensive and accurate data that includes average listing price and median sales price. Median List Price shows you the average sale price of a home in Mercer Island over the past 6 months, 1 year, or 3 years. For example, 8419 SE 69th Place is a 3 bed/2.75 bath Mercer Island home listed for $1,649,000. Residential and condominium inventory on Mercer Island were down by 27.72 percent in May compared to one year ago. The average sale price of a home in Mercer Island was $2.21M last month, up 59.8% since last year. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. We will soon provide other points, such as Mercer Island is a city in Washington and consists of 46 neighborhoods. Homes in Mercer Island receive 3 offers on average and sell in around 12 days. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Bellevue, Redmond, Sammamish and Kirkland rounded out the top five. Many homes get multiple offers, some with waived contingencies. There are 35 active homes for sale in Mercer Island, WA, which spend an average of 60 days on the market. Real estate sales and price statistics for the real estate market in and around Mercer Island, Washington, 98110. See all recently sold homes in Mercer Island. Most economists predict that Mercer Island home values will rise by about 4% within the next year. Here are the best public schools in Mercer Island, WA: You can find dozens of grocery stores, and hundreds of cafes and restaurants in Mercer Island, WA. Downtown Mercer Island is the most affordable neighborhood, with a median listing price of $635K. The county percentage for households with children is 26%. Mercer Island's home resale inventories is 80, which decreased 1 percent since October 2019. Therefore, the ratio of house price to income is 7.4x; this ratio is 73% higher than the average in Washington. View all 129 listings available in Mercer Island with an average price of $2,052,781. The average homes sell for around list price and go pending in around. The average sale price of a home in Mercer Island was $2.21M last month, up 59.8% since last year. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Mercer Island city income, earnings, and wages data Estimated median house or condo value in 2017: over $1,000,000 (it was $548,300 in 2000) The average listing price in … The highest Mercer Island sale was a $10,050,000 waterfront home on the North End. , with a few nearby public transportation options.