Mercer Island Home Values

$2,106,112

4.9% 1-yr

The average Mercer Island home value is $2,106,112, down 4.9% over the past year and goes to pending in around 10 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.

Learn more about the Zillow Home Value Index

Mercer Island Key Takeaways

Typical Home Values: $2,106,112

1-year Value Change: -4.9%

(Data through March 31, 2023)

Market Overview

--1-year Market Forecast

--Median sale to list ratio

--Percent of sales over list price

--Percent of sales under list price

10Median days to pending(March 31, 2023)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics aim to inform and support the decision-making process with relevant market data by measuring monthly market changes across various geographies and housing types.

Neighborhoods in Mercer Island

NameMedian ZHVI
Lakewood$985,402
Seward Park$1,124,938
Enatai$2,345,888
Newport Shores$1,317,930
Meydenbauer$2,063,168
Hillman City$712,207
Columbia City$775,207
Mercer Slough--
Mt. Baker$1,044,335

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