Why Live in Mercer Island
Mercer Island, WA, located in the center of scenic Lake Washington, is a well-established city with a population of around 26,000. Known for its welcoming, family-oriented neighborhoods, Mercer Island offers metropolitan life within a leisurely island community. The city boasts nearly 500 acres of public parks and recreation areas, including Aubrey Davis Park with athletic facilities and views of the Seattle skyline, and Luther Burbank Park featuring boat landings and sandy beaches. The I-90 Trail spans 10 miles along the interstate, providing bike access to Seattle and Bellevue. Downtown Mercer Island features colorful modern architecture, fitness studios, coffee shops, bookstores, sculptures along the trail system, and several galleries that are part of the city's monthly art walk. Dining options include upscale Italian restaurants, cafes, and Asian eateries. Mercer Island School District is highly rated, serving about 4,000 students, with Mercer Island High School boasting an average SAT score of 1390. The city has a low crime risk compared to the national average, with violent crime rates substantially lower. Mercer Island offers stylish midcentury architecture and traditional waterfront homes, with properties in coastal neighborhoods like Island Point and Groveland reaching up to 5,000 square feet. Modest ranch-style homes are found in walkable neighborhoods closer to the city center. The city is conveniently located near major tech companies such as Amazon, Boeing, and Microsoft, and has access to King County Metro and Sound Transit bus systems. Downtown Seattle is about 7 miles west on I-90, and Seattle-Tacoma International Airport is roughly 17 miles south.
Home Trends in Mercer Island, WA
On average, homes in Mercer Island, WA sell after 19 days on the market compared to the national average of 70 days. The median sale price for homes in Mercer Island, WA over the last 12 months is $1,925,000, down 29% from the median home sale price over the previous 12 months.
Median Sale Price
$1,925,000
Median Single Family Sale Price
$2,945,000
Median 2 Bedroom Sale Price
$696,000
Average Price Per Sq Ft
$1,051
Number of Homes for Sale
6
Last 12 months Home Sales
16
Median List Price
$3,290,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-29%
