Kristine Losh, Your Local Real Estate Expert
Kristine Losh
206-539-1480206-539-1480

Mercer Island Real Estate Analysis

Mercer Island is a 13 square mile island in the middle of Lake Washington located to the east of Seattle and to the west of Bellevue.  It is connected to Seattle and Bellevue by the I-90 bridges and easy to access from both cities.  Mercer Island is the home to approximately 25,000 residents many of which commute to the business centers of Seattle and Bellevue.

mercer island

Mercer Island is one of the nation’s most affluent areas in the Unites States.  According to the IRS it is one of the 100 richest ZIP codes in the United States.  The luxury real estate market on Mercer Island is dominated by the over 800 waterfront properties.  While homes can sell for under $1 million especially condos on the island (many built during the 1960’s-70’s), the average home value of Mercer Island is over $1.6 million in 2020.

Mercer Island has one of the best school systems in the state.

Mercer Island Real Estate Listings

Active Listings in Mercer Island

7209 76th Ave SE Mercer Island, WA 98040
Photo of 7209 76th Ave SE, Mercer Island, WA 98040 (MLS # 1659160)
4 beds 4 baths 3,490 sqft $1,625,000
6506 SE 28th St Mercer Island, WA 98040
Photo of 6506 SE 28th St, Mercer Island, WA 98040 (MLS # 1675219)
5 beds 4 baths 4,340 sqft $2,785,000
7549 SE 29th St, Unit 308 Mercer Island, WA 98040
Photo of 7549 SE 29th St, Unit 308, Mercer Island, WA 98040 (MLS # 1677572)
2 beds 2 baths 1,255 sqft $748,000
2500 81st Ave SE, Unit 315 Mercer Island, WA 98040
Photo of 2500 81st Ave SE, Unit 315, Mercer Island, WA 98040 (MLS # 1680419)
2 beds 2 baths 1,065 sqft $415,000
9310 SE 36th St Mercer Island, WA 98040
Photo of 9310 SE 36th St, Mercer Island, WA 98040 (MLS # 1680497)
3 beds 4 baths 2,123 sqft $1,050,000
9310 SE 36th St Mercer Island, WA 98040
Photo of 9310 SE 36th St, Mercer Island, WA 98040 (MLS # 1676127)
3 beds 4 baths 2,123 sqft $1,050,000
3414 81st Place SE Mercer Island, WA 98040
Photo of 3414 81st Place SE, Mercer Island, WA 98040 (MLS # 1677784)
4 beds 5 baths 3,662 sqft $2,495,000
2937 76th Ave SE, Unit 33C Mercer Island, WA 98040
Photo of 2937 76th Ave SE, Unit 33C, Mercer Island, WA 98040 (MLS # 1673877)
2 beds 2 baths 922 sqft $498,000
7613 SE 29th St Mercer Island, WA 98040
Photo of 7613 SE 29th St, Mercer Island, WA 98040 (MLS # 1676407)
3 beds 3 baths 3,132 sqft $875,000
0 80XX SE 20th St Mercer Island, WA 98040
Photo of 0 80XX SE 20th St, Mercer Island, WA 98040 (MLS # 1675666)
0 beds 0 baths 3,000 sqft $2,250,000

Sold Listings in Mercer Island

4421 Forest Ave SE Mercer Island, WA 98040
Photo of 4421 Forest Ave SE, Mercer Island, WA 98040 (MLS # 1679941)
4 beds 5 baths 4,596 sqft $6,400,000
9046 SE 61st St Mercer Island, WA 98040
4 beds 3 baths 2,230 sqft $1,120,000
8224 SE 38th Place Mercer Island, WA 98040
Photo of 8224 SE 38th Place, Mercer Island, WA 98040 (MLS # 1674645)
4 beds 2 baths 1,790 sqft $1,100,000
9222 SE 33rd Place Mercer Island, WA 98040
Photo of 9222 SE 33rd Place, Mercer Island, WA 98040 (MLS # 1671438)
2 beds 2 baths 1,910 sqft $4,600,000
7706 89th Place SE Mercer Island, WA 98040
Photo of 7706 89th Place SE, Mercer Island, WA 98040 (MLS # 1670825)
5 beds 5 baths 3,790 sqft $1,675,000
3431 74th Ave SE Mercer Island, WA 98040
Photo of 3431 74th Ave SE, Mercer Island, WA 98040 (MLS # 1668103)
4 beds 3 baths 2,822 sqft $1,860,000
7452 E Mercer Wy Mercer Island, WA 98040
Photo of 7452 E Mercer Wy, Mercer Island, WA 98040 (MLS # 1667318)
5 beds 6 baths 4,800 sqft $5,000,000
7005 80th Ave SE Mercer Island, WA 98040
Photo of 7005 80th Ave SE, Mercer Island, WA 98040 (MLS # 1664689)
4 beds 3 baths 3,370 sqft $1,510,000
8560 SE 82nd St Mercer Island, WA 98040
Photo of 8560 SE 82nd St, Mercer Island, WA 98040 (MLS # 1664148)
4 beds 3 baths 3,300 sqft $1,525,000
4215 Mercerwood Dr Mercer Island, WA 98040
Photo of 4215 Mercerwood Dr, Mercer Island, WA 98040 (MLS # 1664225)
5 beds 2 baths 2,850 sqft $1,716,000

Walk Score for Mercer Island



Mercer Island School Data

Mercer Island School Districts

Mercer Island School District
K-8, 10-12
http://www.misd.wednet.edu

Mercer Island Schools

Island Park Elementary School
K-5, public
http://www.mercerislandschools.org/Domain/10
Lakeridge Elementary School
K-5, public
http://www.mercerislandschools.org/Domain/11
Mercer Island High School
10-12, public
http://www.mercerislandschools.org/Domain/8
Islander Middle School
6-8, public
http://www.mercerislandschools.org/Domain/9
West Mercer Elementary School
K-5, public
http://www.mercerislandschools.org/Domain/12
St. Monica School
PK-8, private
Northwest Yeshiva High School
9-12, private
http://www.nyhs.org/
Yellow Wood Academy
3-4, 6-7, 9-12, private
http://www.yellowwoodacademy.org
French American School of Puget Sound
PK-8, private
https://www.fasps.org/
American Academy
PK-12, private
The Privett Academy
6-12, private
http://privettacademy.org/
Northwest Yeshiva High School
9-12, private
Privett Academy
7-12, private
American Academy
1-12, private
Great Schools Logo