Mercer Island, WA Local Area Information

Real Estate Market Stats

Zillow Home Value Index: $1,552,400

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $1,552,400 $216,700
Median Single Family Home Value $1,637,800 $215,800
Median Condo Value $524,900 $227,800
Median 2-Bedroom Home Value $587,600 $166,300
Median 3-Bedroom Home Value $1,389,700 $209,300
Median 4-Bedroom Home Value $1,699,400 $337,000
Percent Homes Decreasing 21.9% 33.5%
Percent Listing Price Reduction 11.5% 17.8%
Median List Price Per Sq Ft $581 $134
Median List Price $1,950,000 $275,000
Median Sale Price $1,381,800 $230,800
Homes For Sale 124 2,661,272
Homes Recently Sold 124 2,661,272
Property Tax $7,521 $2,147
Turnover (Sold Within Last Yr.) 4.5% 2.9%
Median Value Per Sq Ft $620 $150
1-Yr. Change 8.4% 6.5%
Homes For Sale By Owner 0 111,372
New Construction 18 211,579
Foreclosures 0 13,728

Walk Score