Mercer Island, WA Market Report

April 2026 Market Summary

The Mercer Island real estate market in Washington currently has 93 active listings with a median asking price of $2,698,000. Prices range from $295,000 to $28,000,000, with an average of $4,274,981. Buyers can expect to pay around $1,017 per square foot.

Single Family homes dominate the market at 76% of inventory, followed by Condo at 13%. The typical listing offers 4 bedrooms and 4 bathrooms in 3,942 square feet. Homes spend an average of 76 days on market before going under contract.

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