$2,500
1 bd1 ba1,200 sqft
6614 E Mercer Way
Mercer Island, WA Housing Market
$2,420,680
6.2% 1-yrThe average Mercer Island, WA home value is $2,420,680, up 6.2% over the past year and goes to pending in around 5 days.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Mercer Island Key Takeaways
Typical Home Values: $2,420,680
1-year Value Change: +6.2%
(Data through April 30, 2025)
Mercer Island Housing Market Overview
--1-year Market Forecast
55For sale inventory(April 30, 2025)
32New listings(April 30, 2025)
--Median sale to list ratio
--Median sale price(March 31, 2025)
$2,618,325Median list price(April 30, 2025)
--Percent of sales over list price
--Percent of sales under list price
5Median days to pending(April 30, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Mercer Island
- NameMedian ZHVI
- Lakewood$1,092,446
- Seward Park$1,209,610
- Enatai$2,592,243
- Newport Shores$1,713,273
- Meydenbauer$2,304,205
- Hillman City$748,957
- Columbia City$834,109
- Mt. Baker$1,134,149
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Mercer Island Rental Market Trends
$2,777Average rent in Mercer Island(April 30, 2025)
$2,024National average rent(April 30, 2025)
1.7%Month-over-month change(April 30, 2025)
6.0%Year-over-year change(April 30, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
