Mercer Island, WA Local Area Information

Real Estate Market Stats

Zillow Home Value Index: $1,410,600

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $1,410,600 $200,400
Median Single Family Home Value $1,477,200 $198,500
Median Condo Value $493,300 $215,000
Median 2-Bedroom Home Value $571,100 $157,300
Median 3-Bedroom Home Value $1,315,000 $194,000
Median 4-Bedroom Home Value $1,525,200 $317,600
Percent Homes Decreasing 2.3% 16.4%
Percent Listing Price Reduction 6.5% 15.3%
Median List Price Per Sq Ft $544 $127
Median List Price 122 259,000
Median Sale Price 122 2,602,881
Homes For Sale 122 2,602,881
Homes Recently Sold 122 2,602,881
Property Tax $7,521 $2,147
Turnover (Sold Within Last Yr.) 4.5% 2.8%
Median Value Per Sq Ft $560 $139
1-Yr. Change 11.1% 7.4%
Homes For Sale By Owner 3 82,180
New Construction 7 139,462
Foreclosures 0 16,157

Walk Score