Mercer Island logo
Living Mercer Island
Sunset aerial of Mercer Island with Mt. Rainier in the distance
Real estate

Mercer Island Market

Real numbers, real comps, real perspective. Here's where the island sits today.

Median sale price
$3.08M
+2.0% vs last month
Median days on market
16
+3 days vs last month
Months of inventory
2.0
Seller's market
Active listings
52
Updated weekly

Last updated: week of August 3, 2026. Figures reflect recent NWMLS activity for Mercer Island single-family homes.

Neighborhood guide

Mercer Island isn't a monolith. Each pocket has its own feel, price range, and demand profile.

North End
$1.78M – $6.65M+

Walkable to the Town Center, P-Patch and Luther Burbank Park. Mix of mid-century and new construction. Strong demand from families wanting Northwood Elementary.

Town Center
$855K – $2.32M

Condos, townhomes, and a growing restaurant scene. Best option for buyers entering the island under $1.5M.

East Seattle
$1.98M – $5.65M

Older established neighborhood on the northwest shore. Beautiful tree canopy and quick I-90 access.

South End
$2.32M – $10M+

Larger lots, view properties, and waterfront. Quieter, more residential — popular with families putting down long-term roots.

Waterfront
$6.05M – $25M+

Lake Washington waterfront homes are some of the most coveted real estate in the Pacific Northwest. Limited supply, strong appreciation.

Want a market report for your specific street?

I'll pull comps from the last 6 months within a half-mile of your address and give you a real number — no algorithm guess.

Request my report