$2,184
0 bd1 ba628 sqft
2758 78th Ave SE APT 202
Mercer Island, WA Housing Market
$2,384,538
8.0% 1-yrThe average Mercer Island, WA home value is $2,384,538, up 8.0% over the past year and goes to pending in around 8 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: $2,384,538
1-year Value Change: +8.0%
(Data through March 31, 2025)
Mercer Island Housing Market Overview
--1-year Market Forecast
40For sale inventory(March 31, 2025)
22New listings(March 31, 2025)
--Median sale to list ratio
--Median sale price(February 28, 2025)
$2,819,325Median list price(March 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
8Median days to pending(March 31, 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$1,084,883
- Seward Park$1,230,313
- Enatai$2,533,742
- Newport Shores$1,466,131
- Meydenbauer$2,235,596
- Hillman City$738,813
- Columbia City$826,724
- Mt. Baker$1,142,401
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Mercer Island Rental Market Trends
$2,781Average rent in Mercer Island(March 31, 2025)
$2,005National average rent(March 31, 2025)
1.0%Month-over-month change(March 31, 2025)
8.8%Year-over-year change(March 31, 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.
