The median home value in Mercer Island, WA is $1,519,100. This is higher than the county median home value of $620,900. The national median home value is $219,700. The average price of homes sold in Mercer Island, WA is $1,519,100. Approximately 66.89% of Mercer Island homes are owned, compared to 28.08% rented, while 5.03% are vacant. Mercer Island real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mercer Island real estate agent to arrange a tour today!
Mercer Island, Washington 98040 has a population of 24,768. Mercer Island 98040 is more family-centric than the surrounding county with 40.35% of the households containing married families with children. The county average for households married with children is 35.76%.
The median household income in Mercer Island, Washington 98040 is $136,644. The median household income for the surrounding county is $83,571 compared to the national median of $57,652. The median age of people living in Mercer Island 98040 is 45.5 years.
The average high temperature in July is 75.7 degrees, with an average low temperature in January of 36.7 degrees. The average rainfall is approximately 44.9 inches per year, with 5 inches of snow per year.