Mercer Island, WA Local Area Information

Real Estate Market Stats

Zillow Home Value Index: $1,406,800

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $1,406,800 $201,900
Median Single Family Home Value $1,471,500 $200,100
Median Condo Value $496,800 $217,000
Median 2-Bedroom Home Value $569,700 $158,000
Median 3-Bedroom Home Value $1,301,000 $195,700
Median 4-Bedroom Home Value $1,516,400 $319,200
Percent Homes Decreasing 3.3% 17.2%
Percent Listing Price Reduction 10.8% 16.7%
Median List Price Per Sq Ft $542 $128
Median List Price 119 254,900
Median Sale Price 119 2,505,095
Homes For Sale 119 2,505,095
Homes Recently Sold 119 2,505,095
Property Tax $7,521 $2,147
Turnover (Sold Within Last Yr.) 4.5% 2.9%
Median Value Per Sq Ft $561 $139
1-Yr. Change 10.5% 6.9%
Homes For Sale By Owner 2 80,845
New Construction 6 155,257
Foreclosures 0 12,794

Walk Score