Mercer Island Real Estate Market Overview

Could Mercer Island, WA be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Mercer Island. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Mercer Islan...d such as Medina and Bellevue. When you’re ready, Trulia has 42 resale and new homes in Mercer Island lined up for you, including 1 open house, and 7 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$1,193,000

Median Sales Price

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$523

Price Per Sqft

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$3,695

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Mercer Island show a 9% year-over-year rise in median sales price and a -6% drop in median rent per month.

Median Sales Price
The median sales price for homes in Mercer Island for Oct 19 to Jan 18 was $1,193,000 based on 59 home sales.
Price Per Square Ft.
Average price per square foot for Mercer Island was $523, an increase of 12% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Mercer Island for Dec 19 to Jan 19 was $3,695.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around Mercer Island can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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347

Counts of Theft

110

Counts of Assault

76

Counts of Burglary


Best Schools in Mercer Island

There are 5 schools in Mercer Island.

Elementary Schools
10

Lakeridge Elementary School

Public, K - 5

10

West Mercer Elementary School

Public, PK - 5

10

Island Park Elementary School

Public, K - 5

Middle Schools
10

Islander Middle School

Public, 6 - 8

High Schools
9

Mercer Island High School

Public, 9 - 12


Demographics

Get to know your neighbors in Mercer Island by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
19%
Single residents
Home owners
90%
Home owners
Median age
46
Median age
Household income
$147,478
Median household income
College educated
79%
College educated

Commute

Most people in Mercer Island commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
92% commute by car
0% commute by bike
7% commute by public transportation
0% commute by foot

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