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Downtown Mercer Island Homes for Sale

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  • 7800 SE 27th St Unit 503, Mercer Island, WA 98040
    7800 SE 27th St Unit 503, Mercer Island, WA 98040
    7800 SE 27th St Unit 503, Mercer Island, WA 98040
    /40

    $2,175,000

    • 2 Beds
    • 2 Baths
    • 2,126 Sq Ft

    7800 SE 27th St Unit 503, Mercer Island, WA 98040

    Spectacular top floor penthouse unit with sweeping views of downtown Mercer Island. Completely remodeled from top to bottom with high end finishes throughout. Open concept floor plan with soaring ceilings and tall windows. Chef's kitchen with quartzite counters, top of the line appliances and walk-in pantry. Large primary suite with a fireplace, generous walk-in closet and 5 piece bath with

    Lori Bauermeister John L. Scott, Inc.

    7800 SE 27th St Unit 503, Mercer Island, WA 98040
  • 2920 76th Ave SE Unit 411, Mercer Island, WA 98040
    2920 76th Ave SE Unit 411, Mercer Island, WA 98040
    2920 76th Ave SE Unit 411, Mercer Island, WA 98040
    /22

    $899,000

    • 2 Beds
    • 2 Baths
    • 1,541 Sq Ft

    2920 76th Ave SE Unit 411, Mercer Island, WA 98040

    $10,000 buyer credit for December offers! A rare opportunity: top-floor end unit with vaulted ceilings and great Cascade Mountain views. This spacious 2-bedroom plus bonus room condo on Mercer Island features a bright bedroom, an inviting living room, and a private covered deck to enjoy the stunning view. Light-filled interiors boast vaulted ceilings, fresh paint, and beautifully updated

    Namhee Chung Best Choice Realty LLC

    2920 76th Ave SE Unit 411, Mercer Island, WA 98040
  • 7600 SE 29th St Unit A501, Mercer Island, WA 98040
    7600 SE 29th St Unit A501, Mercer Island, WA 98040
    7600 SE 29th St Unit A501, Mercer Island, WA 98040
    /21

    $650,000

    • 2 Beds
    • 2 Baths
    • 1,124 Sq Ft

    7600 SE 29th St Unit A501, Mercer Island, WA 98040

    Enjoy Mercer Island urban life! This spacious top floor, 2 bed/2bath condo is centrally located in the Devington with easy access to restaurants, parks, shops & I-90. Soaring vaulted ceilings, oversized atrium windows, and a spacious open-concept layout ideal for modern living. Huge master bedroom w/walk-in closet & master bath. Full size washer/dryer, secured parking and storage. Mercer Island

    Wei Cao Kelly Right RE of Seattle LLC

    7600 SE 29th St Unit A501, Mercer Island, WA 98040
Washington King County Mercer Island Downtown Mercer Island

Real Estate & Homes for Sale in Downtown Mercer Island, Mercer Island

Why Live in Downtown Mercer Island
Downtown Mercer Island is a vibrant neighborhood characterized by its mid-rise condo buildings with modern and eclectic architectural designs, including features like brick and metal siding, balconies, and turret rooms. The area is a walker’s paradise, boasting a walk score of 82, with bike-friendly streets and public transportation options like King County Metro and Sound Transit buses. The upcoming Sound Transit East Link light rail will further enhance connectivity. The neighborhood is safer than the national average, providing a secure environment for residents. For those seeking things to do, the area offers a rich culinary scene with diverse dining options such as Mioposto for wood-fired pizza and Vivienne's Bistro for Asian fusion cuisine. Coffee lovers can enjoy local spots like Sano Cafe, while Island Books provides a cozy shopping experience. Parks like Aubrey Davis Park and Mercerdale Park offer outdoor activities, including walking paths and a skate park. The Mercer Island Farmers Market and First Fridays Art Walk are popular community events. The Mercer Island School District serves the area with highly rated schools, including West Mercer Elementary School, Islander Middle School, and Mercer Island High School. Located about 5 miles from Seattle, the neighborhood offers easy access to city amenities while maintaining a secluded island feel.
Learn more about living in Downtown Mercer Island

Frequently Asked Questions

Is Downtown Mercer Island a good place to live?
Downtown Mercer Island is a good place to live. Downtown Mercer Island is considered fairly walkable and very bikeable with some transit options. Downtown Mercer Island is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Downtown Mercer Island has 1 park for recreational activities. It has a median age of 41. The average household income is $133,359 which is above the national average. College graduates make up 61.3% of residents. A majority of residents in Downtown Mercer Island are renters, with 81.2% of residents renting and 18.8% of residents owning their home. A local real estate agent serving Downtown Mercer Island can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Mercer Island neighborhood guide.
Is Downtown Mercer Island, WA a safe neighborhood?
Downtown Mercer Island, WA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Downtown Mercer Island?
The median home price in Downtown Mercer Island is $846,500. If you put a 20% down payment of $169,300 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $4,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $178K a year to afford the median home price in Downtown Mercer Island. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Mercer Island is $133K.
What are the best public schools in Downtown Mercer Island?
The best public schools that serve Downtown Mercer Island are:
What are the best private schools in Downtown Mercer Island?
The best private schools that serve Downtown Mercer Island are:
What are the most popular zip codes in Downtown Mercer Island, Mercer Island, WA?
The most popular zip codes in Downtown Mercer Island, Mercer Island, WA include 98040, 98004, 98039, 98006 and 98118.
What are the most popular neighborhoods near Downtown Mercer Island, Mercer Island, WA?
The most popular neighborhoods near Downtown Mercer Island, Mercer Island, WA are Shorewood, North Mercer, Mercerdale, Enatai and Southwest Bellevue.

Home Trends in Downtown Mercer Island, WA

On average, homes in Downtown Mercer Island, Mercer Island sell after 31 days on the market compared to the national average of 53 days. The median sale price for homes in Downtown Mercer Island, Mercer Island over the last 12 months is $812,500, up 30% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$812,500
Median Single Family Sale Price
$1,790,000
Median Townhouse Sale Price
$980,000
Median 2 Bedroom Sale Price
$812,500
Median 1 Bedroom Sale Price
$534,000
Average Price Per Sq Ft
$663
Number of Homes for Sale
3
Last 12 months Home Sales
23
Months of Supply
1.60
Median List Price
$846,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
30%
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
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