Mercer Island, WA Local Area Information

Real Estate Market Stats

Zillow Home Value Index: $1,558,200

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $1,558,200 $215,600
Median Single Family Home Value $1,646,500 $214,600
Median Condo Value $528,600 $227,200
Median 2-Bedroom Home Value $589,800 $165,100
Median 3-Bedroom Home Value $1,392,000 $207,000
Median 4-Bedroom Home Value $1,705,000 $336,200
Percent Homes Decreasing 3.7% 23.4%
Percent Listing Price Reduction 5.7% 12.9%
Median List Price Per Sq Ft $589 $134
Median List Price $1,825,000 $274,500
Median Sale Price $1,554,300 $238,700
Homes For Sale 112 0
Homes Recently Sold 112 0
Property Tax $7,521 $2,147
Turnover (Sold Within Last Yr.) 4.5% 2.9%
Median Value Per Sq Ft $594 $146
1-Yr. Change 14.1% 8.7%
Homes For Sale By Owner 2 0
New Construction 11 0
Foreclosures 0 0

Walk Score