Mercer Island Housing Information - Census

IndexMercer IslandWashingtonNational
Median home price$871,600$257,200$175,700
Median rent asked$1,633$995$920
Avg. people per household2.32.52.6
Owner occupied households74.1%62.7%64.4%
Renter occupied households25.9%37.3%35.6%

Mercer Island Housing Information - Zillow

IndexMercer IslandWashingtonNational
Zillow home value index$1,240,400$305,500$188,100
Year over year appreciation rate12.18%10.41%5.14%
5 year average appreciation rate10.20%6.47%4.12%
10 year average appreciation rate3.07%0.52%-0.33%

Did you know?

  • The median home price in Mercer Island is 396% higher than the national average.
  • The median rent asked in Mercer Island is 78% higher than the national average.
  • The average number of people per household in Mercer Island is 11% lower than the national average.
  • The number of owner occupied households in Mercer Island is 15% higher than the national average.
  • The number of renter occupied households in Mercer Island is 27% lower than the national average.

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Compare Mercer Island, WA Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
SeaTac, WA27,606$224,60028%
Boulevard Park, WA4,027$231,10032%
Southworth, WA2,142$233,30033%
White Center, WA14,228$235,20034%
Manchester, WA5,081$242,10038%
Mercer Island, WA23,636$871,600396%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Corcoran, CA23,634$113,50035%
Rolling Meadows, IL23,646$225,20028%
Loma Linda, CA23,648$272,90055%
Greenbelt, MD23,612$191,1009%
Champlin, MN23,591$198,50013%
Mercer Island, WA23,636$871,600396%
Source: The Mercer Island, WA housing data displayed above is derived from the United States Census Bureau and Zillow data.