Mercer Island Housing Information - Census

IndexMercer IslandWashingtonNational
Median home price$956,200$269,300$184,700
Median rent asked$1,793$1,056$949
Avg. people per household2.32.52.6
Owner occupied households71.5%62.4%63.6%
Renter occupied households28.5%37.6%36.4%

Mercer Island Housing Information - Zillow

IndexMercer IslandWashingtonNational
Zillow home value index$1,548,334$367,769$213,146
Year over year appreciation rate14.22%11.53%8.00%
5 year average appreciation rate13.18%9.98%6.57%
10 year average appreciation rate4.68%2.23%1.33%
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Did you know?

  • The median home price in Mercer Island is 418% higher than the national average.
  • The median rent asked in Mercer Island is 89% 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 12% higher than the national average.
  • The number of renter occupied households in Mercer Island is 22% 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.
Boulevard Park, WA3,689$222,40020%
Fairwood CDP (Spokane County), WA8,055$224,80022%
SeaTac, WA28,298$246,10033%
Tukwila, WA19,878$248,60035%
Indianola, WA3,573$251,50036%
Mercer Island, WA24,467$956,200418%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Athens, AL24,461$139,40025%
Walker, MI24,458$148,40020%
West Puente Valley, CA24,476$342,30085%
San Benito, TX24,442$54,40071%
Loves Park, IL24,499$113,40039%
Mercer Island, WA24,467$956,200418%
Source: The Mercer Island, WA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.