Homes in Mercer Island receive 3 offers on average and sell in around 12 days. Mercer Island is located in Washington. Median List Price shows you the average sale price of a home in Mercer Island over the past 6 months, 1 year, or 3 years. Mercer Island city income, earnings, and wages data Estimated median house or condo value in 2017: over $1,000,000 (it was $548,300 in 2000) School service boundaries are intended to be used as reference only. Residential and condominium inventory on Mercer Island were down by 27.72 percent in May compared to one year ago. Browse all available 3-bedroom apartments in Mercer Island, WA . Mercer Island is a luxury real estate market as evidenced by the average active list price of approximately $3.45 million, but there are fantastic Mercer Island homes that can be purchased well under the average price. Looking for only waterfront? Explore data for the past 6 months, 1 year, or 3 years. Mercer Island, WA Rental Market Trends Highlights. Days on Market shows you how long on average homes in Mercer Island took to sell. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! The average sale price per square foot in Mercer Island is $629, up 24.3% since last year. Consider buying or renting a home in one of these popular neighborhoods. Mercer Island, WA hosts 6 public schools rated good and higher by GreatSchools. View all 56 listings available in Mercer Island with an average price of $1,744,270. Search homes for sale in Mercer Island, WA for free. Updated live with the latest information. Local Realtors say just 24 homes and condos were sold on Mercer Island in November with a median price of $682,000 — a steep drop from 38 … The American Community Survey, conducted by the U.S. Census Bureau, publishes detailed estimates about Mercer Island's owner-occupied housing each year, including data about Home Value.. - Median Home Cost is 54% cheaper in Seattle. Many homes get multiple offers, some with waived contingencies. Homes for sale in Mercer Island, WA have a median listing price of $1,746,944. The median list price per square foot in Mercer Island … View Mercer Island median home price data from the past 6 months, 1 year, or 3 years by using the toggle buttons in the top-right corner of the graph. Mercer Island, Washington has a population of 25,058. To verify enrollment eligibility for a property, contact the school directly. The median list price in Mercer Island is $2,183,500. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Mercer Island Median Sales Price. You can also find 7 private and charter schools. There are 46 neighborhoods in Mercer Island. Floods Lake Side has a median listing price of $3.8M, making it the most expensive neighborhood. Mercer Island… 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. The price range for a 3-bedroom apartment in Mercer Island, WA is between $5,179 and $6,070. Contact Megan. The median list price of homes in Mercer Island, WA was $1.7M in December 2020, trending down -2.7% year-over-year. The average sale price per square foot in Mercer Island is $629, up 24.3% since last year. Right now, there are 98 homes listed for sale in Mercer Island, including 46 condos and 0 foreclosures. Some of the best neighborhoods in or around Mercer Island, Washington are South End, Downtown Mercer Island and Mercerwood. Take a closer look at median list prices in Mercer Island with our table view. The average homes sell for around list price and go pending in around. The median sale price was $2.2M. The median list price of homes in Mercer Island, WA was $1.7M in December 2020, trending down -2.7% year-over-year. The median household income in Mercer Island, Washington is $115,672. There are 39 homes for sale, ranging from $359K to $17.8M. The median list price per square foot is $635, which is higher than the entire Seattle, Tacoma, and Bellevue Metro area of just $275. What is the median home price in Mercer Island? Mercer Island home prices drop in May. The highest Mercer Island sale was a $10,050,000 waterfront home on the North End. Includes waterfront and non-waterfront properties on Mercer Island. Mercer Island, WA is a seller's market in December 2020, which means that there are more people looking to buy than there are homes available. - Overall, Seattle, Washington is 39.2% cheaper than Mercer Island, Washington - Median Home Cost is the biggest factor in the cost of living difference. With 25,894 people, 10,123 houses or apartments, and a median cost of homes of $1,374,982, Mercer Island house prices are not only among the most expensive in Washington, Mercer Island real estate also is some of the most expensive in all of America. Mercer Island's Real Estate Market Snapshot In the past 12 months, the price of homes sold in Mercer Island ranged between $360,000 and $4,300,000. The average sale price of a home in Mercer Island was $2.21M last month, up 59.8% since last year. Most homes get multiple offers, often with waived contingencies. parks and gyms. Bellevue, Redmond, Sammamish and Kirkland rounded out the top five. In 2019, 39.8% of all homes, and 12.7% of homes priced above $2 million, sold for at or above their listed price. See Maps, Photos, and More. , with a few nearby public transportation options. On average, homes in Mercer Island, WA sell after 60 days on the market. In Mercer Island, WA, the median house price is $956,200, while the median income for households in the area is $129,348. The county percentage for households with children is 26%. by Linda Ball; Tuesday, June 14, 2011 1:51pm; News We’ll provide you with comprehensive and accurate data that includes average listing price and median sales price. Some of these homes are Hot Homes, meaning they're likely to sell quickly. There are 35 active homes for sale in Mercer Island, WA, which spend an average of 60 days on the market. Mercer Island Homes For Sale $1,401,000; Beaux Arts Village Homes For Sale-Bellevue Homes For Sale $819,700; Bryn Mawr-Skyway Homes For Sale $414,400; Burien Homes For Sale $381,100; Clyde Hill Homes For Sale $2,425,000; Hunts Point Homes For Sale-Issaquah Homes For Sale $726,800; Kent Homes For Sale $360,400 The lowest was a $685,000 West Mercer Way rambler in need of a major renovation or complete rebuild. Coldwell Banker estimates the median home price in Mercer Island is $2,399,000. The trend for median days on market in Mercer Island, WA has gone up since last month, and slightly up since last year. Bradley Knowles • Windermere Real Estate Midtown Windermere RE/Capitol Hill,Inc, Sandra Levin • John L. Scott, Inc. Realogics Sotheby's Int'l Rlty, Evan Wyman • COMPASS Realogics Sotheby's Int'l Rlty, Dana Fitzpatrick • Realogics Sotheby's Int'l Rlty FlyHomes, Kelly Weisfield • COMPASS Coldwell Banker Bain, Cindy Verschueren • John L. Scott, Inc. Windermere Real Estate/East, Afi Armin • Pellego, Inc. Kelly Right RE of Seattle LLC. Most economists predict that Mercer Island home values will rise by about 4% within the next year. See all recently sold homes in Mercer Island. Unlike the Census—which is an exact count of people and households every ten years—ACS statistics are estimated based on a representative survey sample. See Maps, Photos, and More. There are 164 homes for sale in Mercer Island with a median price of $1,650,000, which is an increase of 2.1% since last year. On Mercer Island, the average price for a four-bedroom, two-bath home is $1.06 million. The median listing price per square foot was $580. Mercer Island, WA Home Reports Search property reports to locate Mercer Island property information and Mercer Island home values using our Homefacts database. The average listing price in … * School data provided by National Center for Education Statistics, Pitney Bowes, and, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? Mercer Island's home resale inventories is 80, which decreased 1 percent since October 2019. The Mercer Island housing market is very competitive. Mercer Island is a city in Washington and consists of 46 neighborhoods. View all 129 listings available in Mercer Island with an average price of $2,052,781. The median listing price per square foot was $580. But when a Mercer Island condo or town home could be found, buyers were finding relative bargains with an average sales price of $301,186 — more than $50,000 less than last year. The average rent for an apartment in Mercer Island is $2,204, a 2% decrease compared to the previous year, when the average rent was $2,253. Our free service analyze millions of home sales to find the perfect agent for you. Real estate sales and price statistics for the real estate market in and around Mercer Island, Washington, 98110. You can research home values, browse Mercer Island's hottest homes, and see what Coldwell Banker's agents have to … Homes in Mercer Island receive 3 offers on average and sell in around 12.5 days. a minimal amount of infrastructure for biking. Homes for sale in Mercer Island have a median listing price of $1.6M . Search homes for sale in Mercer Island, WA for free. Discover more Mercer Island listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. Here are the best public schools in Mercer Island, WA: You can find dozens of grocery stores, and hundreds of cafes and restaurants in Mercer Island, WA. Find out by comparing median home prices in Mercer Island over the past three years with our interactive graph, or get a weekly glance with the table view. We will soon provide other points, such as The four-bedroom home at 4214 86th Ave. S.E. With 53 new units coming on the market last month and 31 closed sales, there are 141 active residential listings on Mercer Island. The average sale price of a home in Mercer Island was $2.21M last month, up 59.8% since last year. Homes in Mercer Island, WA sold for approximately the asking price on average in December 2020. 29 Homes For Sale in Mercer Island, WA. Mercer Island real estate continues to buck the trend, according to the latest statistics from the Northwest Multiple Listing Service. See more real estate market trends for Mercer Island. Additionally, there are 16 rentals, with a range of $1.1K to $11.5K per month. Real Estate Highlights in Mercer Island, WA. Zillow has 8 homes for sale in Mercer Island WA matching Views Lake. For example, 8419 SE 69th Place is a 3 bed/2.75 bath Mercer Island home listed for $1,649,000. Popular Neighborhoods in Mercer Island, WA. Smart-phone friendly size here. The median list price in Mercer Island was less than 1% change from October to November. Therefore, the ratio of house price to income is 7.4x; this ratio is 73% higher than the average in Washington. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Mercer Island, Washington’s cost of living is 87% higher than the national average. Downtown Mercer Island is the most affordable neighborhood, with a median listing price of $635K. Potential home buyers have 146 homes to choose from compared to 202 last year. In Mercer Island it looks a lot like a Colonial. Inventory of single family homes and condominiums dropped 30 percent from a year ago in June. Mercer Island is more family-centric than the surrounding county with 32% households with children. There are 39 homes for sale in Mercer Island, WA, 8 of which were newly listed within the last week. Average Home Values By City. 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