December 2, 2021 — Mercer Island real estate market at a glance:

  • 8 houses, 0 condos and 3 parcels are for sale in Mercer Island today.
  • $3,347,475 is the median asking price for a single family home for sale.
  • 4,539 SQFT is the median size of a single family home for sale.
  • $738/SQFT is the median asking price per square foot for a single family home for sale.
  • 3 new homes in Mercer Island are for sale today.
  • There are 0.19 months of residential housing supply. This indicates a severe seller's market with upward pressure on pricing.
    Calculation: 8 houses and condos for sale divided by 41.3 sales per month which is the trailing six month average.

Homes for Sale in Mercer Island, WA

All (8)
$1,998,000 House For Sale 0 days
  • 5 br 2.75 bath 2,810 SQFT Built 1966
  • 8413 SE 33rd Pl Mercer Island WA 98040
  • Located just minutes frm I-90, light rail station & DT MI w/restaurants, parks & trails nearby...  Details »
  • NWMLS #1858745. Debbie Constantine, John L. Scott, Inc.
$1,275,000 House For Sale 0 days
  • 4 br 2.25 bath 2,720 SQFT (2,410 SQFT Fin.) Built 1954
  • 3617 74th Ave SE Mercer Island WA 98040
  • Bring your dreams to this MI home on First Hill on prime level lot with remodel/rebuild opportu...  Details »
  • NWMLS #1862683. Janet Bell, Windermere Mercer Island
$2,895,000 House For Sale 0 days
  • 6 br 3.25 bath 4,389 SQFT Built 2007
  • 8458 SE 36th St Mercer Island WA 98040
  • CLASSIC CUSTOM MERCER ISLAND - Roomy North End on a quarter acre. Wait no more. Six bedrooms in...  Details »
  • NWMLS #1868296. Pam Schmoll, Sterling Johnston Real Estate
$2,800 House For Sale 2 days
  • 2 br 1 bath 900 SQFT Built 1989
  • 2760 76th Ave SE SE Unit 705 Mercer Island WA 98040
  • Top floor corner unit Condo available for rent. Private large rooftop patio ( 700 sq feet) grea...  Details »
  • NWMLS #1868173. Mandy Afrassiabi, Windermere Gig Harbor
$3,799,950 House For Sale 10 days
  • 5 br 4 bath 4,688 SQFT Built 2021
  • 5037 W Mercer Way Mercer Island WA 98040
    Builder: Neil Kelly
  • Stunning NW contemporary NC located at sought after West Side. Open foyer leads to elegant for...  Details »
  • NWMLS #1857320. Mei Young, MY International Real Estate
$3,880,000 House For Sale 57 days
  • 5 br 5 bath 5,053 SQFT Built 2021
  • 4510 86th Ave SE Mercer Island WA 98040
    Builder: CC Design Homes
  • Brand New Luxury Custom Home in the heart of Mercer Island. Open floorplan w/ Vaulted Ceilings...  Details »
  • NWMLS #1848538. Rob Nicholson, John L. Scott, Inc.
$5,485,000 House For Sale 153 days
  • 5 br 4.5 bath 6,005 SQFT Built 2022
  • 9818 SE 42nd Pl Mercer Island WA 98040
    Builder: Millad Homes
  • Outstanding New Contemporary with Private Beach Access. Under construction now! 3 floors & 6,00...  Details »
  • NWMLS #1796463. Becky Nadesan, Coldwell Banker Bain
Today's Market at a Glance
December 2, 2021
Active
8 Houses 0 Condos 3 Parcels
For Sale Stats
$3,347,475
4,539 sqft
$738/sqft
Median values from the 8 single family homes for sale in Mercer Island WA.
Closing Stats
$2,349,950
3,390 sqft
$693/sqft
Median values for the 209 single family Mercer Island homes closed in the last 6 months.
Plus
3
New Homes
38% of the residential market
0.19
Months of Supply
This indicates a severe seller's market with upward pressure on pricing.
  • Homes closed November 2021: 26 21% from November 2020 (33).
  • $2,349,950 was the median sale price of single family houses closed in the last 6 months.
  • 3,390 SQFT was the median size of single family houses closed in the last 6 months.
  • $693/SQFT was the median price per square foot for single family homes closed in the last 6 months.
    Closed house price and size is computed by median 209 single family Mercer Island homes closed in the last six months.
  • 25 residential closings have occurred in the last thirty days.
    Houses (21) · Condos (4)

Mercer Island Real Estate Agent

Have specific questions and want help from an friendly area expect? Contact Rob today!

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I'm interested in seeing and potentially buying in Mercer Island, now what?

It's time to talk to a real estate agent about the properties you're most interested in. We recommend you contact Rob Condiotty, the Landcast team member covering Mercer Island, WA.

Are there more homes for sale in Mercer Island than shown on this page?

All MLS listed homes for sale in Mercer Island, WA are on Landcast.

We sometimes know of off-market homes or new homes being built by home builders that aren't currently listed, to help find these unlisted homes for sale in Mercer Island, we recommend you contact Rob Condiotty.

Where does Landcast get information about Mercer Island?

Information about the listed homes for sale in Mercer Island generally comes from the MLS. Information about neighborhoods in Mercer Island, condos in Mercer Island, and new homes in Mercer Island, comes from the MLS, our research staff, public data, area home builders and from contributions from our users.