King County
Mercer Island, Washington
Island city between Seattle and Bellevue with top-tier schools and commanding lake views.
$2,329,000
Typical Home Value
-2.2%
YoY Change
26,000+
Population
Zillow Home Value Index, June 2026. Population: US Census.
What to know about Mercer Island
Schools
Mercer Island School District
Getting around
The 2 Line light rail now stops on the island, and I-90 reaches both Seattle and Bellevue in about 15 minutes.
Housing stock
A mix of 1960s ramblers, extensive rebuilds, and condos near town. Waterfront is a separate tier entirely.
Who Mercer Island suits
Strong for families who want an island school district and now a light rail station. Interior and waterfront properties follow different curves.
Around Mercer Island
- Luther Burbank Park
- Pioneer Park
- Mercerdale Park
- Island Crest Way
The Mercer Island market right now
Mercer Island has a typical home value of $2,329,000. That runs about 179% above the $834,000 median across the King County cities we serve. Against all 50 cities we cover, it sits roughly 226% above the $715,500 midpoint.
Values are down 2.2% year over year, in line with the broader Puget Sound softening. That is a modest correction rather than a slide, so well-prepared listings still move. Buyers should not expect distressed pricing, but there is more room to ask than there was.
Our read on Mercer Island
Mercer Island is the only market we serve that sits between Seattle and Bellevue with its own school district and now its own light rail station. Values have come down from the peak along with the rest of the Eastside premium tier. Waterfront and interior properties behave like two separate markets.
Serving Mercer Island Buyers, Sellers & Investors
Local guidance backed by 30+ years across the Puget Sound market
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