The median sale price was $2.2M. Mercer Island home prices drop in May. See all recently sold homes in Mercer Island. , with a few nearby public transportation options. Browse all available 3-bedroom apartments in Mercer Island, WA . 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. For example, 8419 SE 69th Place is a 3 bed/2.75 bath Mercer Island home listed for $1,649,000. Homes for sale in Mercer Island have a median listing price of $1.6M . In Mercer Island it looks a lot like a Colonial. 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. In 2019, 39.8% of all homes, and 12.7% of homes priced above $2 million, sold for at or above their listed price. Mercer Island is located in Washington. The price range for a 3-bedroom apartment in Mercer Island, WA is between $5,179 and $6,070. Additionally, there are 16 rentals, with a range of $1.1K to $11.5K per month. The average listing price in … Mercer Island, Washington’s cost of living is 87% higher than the national average. 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. 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. The median listing price per square foot was $580. Mercer Island, WA Home Reports Search property reports to locate Mercer Island property information and Mercer Island home values using our Homefacts database. There are 39 homes for sale, ranging from $359K to $17.8M. Homes in Mercer Island, WA sold for approximately the asking price on average in December 2020. Mercer Island is a city in Washington and consists of 46 neighborhoods. Most economists predict that Mercer Island home values will rise by about 4% within the next year. - Overall, Seattle, Washington is 39.2% cheaper than Mercer Island, Washington - Median Home Cost is the biggest factor in the cost of living difference. 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. 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 per square foot is $635, which is higher than the entire Seattle, Tacoma, and Bellevue Metro area of just $275. The median listing price per square foot was $580. The average sale price per square foot in Mercer Island is $629, up 24.3% since last year. Some of the best neighborhoods in or around Mercer Island, Washington are South End, Downtown Mercer Island and Mercerwood. 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 … The median list price per square foot in Mercer Island … The average sale price of a home in Mercer Island was $2.21M last month, up 59.8% since last year. parks and gyms. 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) Coldwell Banker estimates the median home price in Mercer Island is $2,399,000. 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. Contact Megan. Mercer Island… We will soon provide other points, such as a minimal amount of infrastructure for biking. 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. On average, homes in Mercer Island, WA sell after 60 days on the market. Mercer Island's home resale inventories is 80, which decreased 1 percent since October 2019. Mercer Island, WA hosts 6 public schools rated good and higher by GreatSchools. Our free service analyze millions of home sales to find the perfect agent for you. Zillow has 8 homes for sale in Mercer Island WA matching Views Lake. Updated live with the latest information. The lowest was a $685,000 West Mercer Way rambler in need of a major renovation or complete rebuild. 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. Real Estate Highlights in Mercer Island, WA. 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. The median list price in Mercer Island is $2,183,500. Popular Neighborhoods in Mercer Island, WA. You can also find 7 private and charter schools. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. View all 56 listings available in Mercer Island with an average price of $1,744,270. See more real estate market trends for Mercer Island. 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 household income in Mercer Island, Washington is $115,672. by Linda Ball; Tuesday, June 14, 2011 1:51pm; News Mercer Island is more family-centric than the surrounding county with 32% households with children. View all 129 listings available in Mercer Island with an average price of $2,052,781. The median list price of homes in Mercer Island, WA was $1.7M in December 2020, trending down -2.7% year-over-year. The four-bedroom home at 4214 86th Ave. S.E. Search homes for sale in Mercer Island, WA for free. Therefore, the ratio of house price to income is 7.4x; this ratio is 73% higher than the average in Washington. 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. Floods Lake Side has a median listing price of $3.8M, making it the most expensive neighborhood. We’ll provide you with comprehensive and accurate data that includes average listing price and median sales price. 29 Homes For Sale in Mercer Island, WA. In Mercer Island, WA, the median house price is $956,200, while the median income for households in the area is $129,348. Potential home buyers have 146 homes to choose from compared to 202 last year. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. To verify enrollment eligibility for a property, contact the school directly. Looking for only waterfront? There are 35 active homes for sale in Mercer Island, WA, which spend an average of 60 days on the market. Mercer Island Median Sales Price. 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. Residential and condominium inventory on Mercer Island were down by 27.72 percent in May compared to one year ago. Days on Market shows you how long on average homes in Mercer Island took to sell. With 53 new units coming on the market last month and 31 closed sales, there are 141 active residential listings on Mercer Island. The trend for median days on market in Mercer Island, WA has gone up since last month, and slightly up since last year. Downtown Mercer Island is the most affordable neighborhood, with a median listing price of $635K. Homes in Mercer Island receive 3 offers on average and sell in around 12 days. Some of these homes are Hot Homes, meaning they're likely to sell quickly. Discover more Mercer Island listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. The average sale price of a home in Mercer Island was $2.21M last month, up 59.8% since last year. 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 Take a closer look at median list prices in Mercer Island with our table view. See Maps, Photos, and More. The Mercer Island housing market is very competitive. Bellevue, Redmond, Sammamish and Kirkland rounded out the top five. Search homes for sale in Mercer Island, WA for free. Inventory of single family homes and condominiums dropped 30 percent from a year ago in June. What is the median home price in Mercer Island? Homes for sale in Mercer Island, WA have a median listing price of $1,746,944. Mercer Island, Washington has a population of 25,058. 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.. Mercer Island real estate continues to buck the trend, according to the latest statistics from the Northwest Multiple Listing Service. Many homes get multiple offers, some with waived contingencies. 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. Most homes get multiple offers, often with waived contingencies. The average sale price per square foot in Mercer Island is $629, up 24.3% since last year. Smart-phone friendly size here. Real estate sales and price statistics for the real estate market in and around Mercer Island, Washington, 98110. Right now, there are 98 homes listed for sale in Mercer Island, including 46 condos and 0 foreclosures. You can research home values, browse Mercer Island's hottest homes, and see what Coldwell Banker's agents have to … Average Home Values By City. On Mercer Island, the average price for a four-bedroom, two-bath home is $1.06 million. Consider buying or renting a home in one of these popular neighborhoods. The highest Mercer Island sale was a $10,050,000 waterfront home on the North End. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! The county percentage for households with children is 26%. There are 39 homes for sale in Mercer Island, WA, 8 of which were newly listed within the last week. School service boundaries are intended to be used as reference only. 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. Mercer Island, WA Rental Market Trends Highlights. 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