Why Live in Mercer Island
Mercer Island, located in the center of Lake Washington, offers a blend of metropolitan life and a leisurely island community. With a population of around 26,000, it features family-oriented neighborhoods, hiking trails, beaches, and a vibrant city center. The Mercer Island School District is highly rated, with Mercer Island High School achieving top marks and high average SAT scores. The island boasts nearly 500 acres of public parks, including Aubrey Davis Park with athletic facilities and views of the Seattle skyline, and Luther Burbank Park with boat landings and sandy beaches. The I-90 Trail provides a 10-mile greenway path for biking access to Seattle and Bellevue. Downtown Mercer Island features modern architecture, fitness studios, coffee shops, bookstores, and dining options ranging from upscale Italian to Asian eateries. The area also hosts monthly art walks with sculptures and galleries. Mercer Island's real estate includes stylish midcentury and traditional waterfront homes, as well as modest ranch-style houses in walkable neighborhoods. The crime rate is lower than the national average for violent crime, making it a safer place to live. The city is conveniently located near major tech companies like Amazon, Boeing, and Microsoft, with easy access to King County Metro and Sound Transit bus systems. Downtown Seattle is about 7 miles away via Interstate 90, and the Seattle-Tacoma International Airport is roughly 17 miles south.
Home Trends in Mercer Island, WA
On average, homes in Mercer Island, WA sell after 24 days on the market compared to the national average of 50 days. The median sale price for homes in Mercer Island, WA over the last 12 months is $2,349,000, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$2,349,000
Median Single Family Sale Price
$2,500,000
Median Townhouse Sale Price
$889,999
Median 2 Bedroom Sale Price
$665,000
Median 1 Bedroom Sale Price
$459,000
Average Price Per Sq Ft
$931
Number of Homes for Sale
81
Last 12 months Home Sales
247
Median List Price
$2,399,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%