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WA area data

Mercer island, WA

Mercer island, WA.

Population: 25,307 (Census ACS)

Home values & appreciation

Median home value
$2.29M
1-year appreciation
-1.5%
3-year appreciation
+7.1%
5-year appreciation
+15.8%
10-year appreciation
+88.6%
All-time peak (2022-06)
$2.51M
House Price Index
588.1 (+2.2% YoY)

Market activity

Median sale price
$525,000
Median list price
$508,000
Median days on market
14 days
Sale-to-list ratio
97.6%
Active listings
10
1-year forecast
-1.1%
Days to pending
40 days
New listings (monthly)
32

Rents

Typical rent
$2,746/mo
1-year rent change
+1.9%
1BR fair-market rent
$2,590/mo
3BR fair-market rent
$3,950/mo

Affordability

Cost of living index (Above Average)
107.5 (100 = US avg)
Electricity rate (state-level)
13.1¢/kWh
Natural gas rate (state-level)
$17.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
6
Elementary schools
4
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very High
Top hazards
avalanche, earthquake, inlandFlooding, heatWave, iceStorm
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
43.8 in

Air quality

Air quality rating
Good
Median AQI (annual)
46
Days with Good air quality
214
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
12.3 / 20
Transit service frequency
449

Amenities

National parks within ~60 mi
4
Nearest national park
Wing Luke Museum Affiliated Area (5 mi)
Nearest airport
King County International Airport - Boeing Field (BFI) (4 mi)
Nearest major airport
King County International Airport - Boeing Field (BFI) (4 mi)
Hospitals nearby (~15 mi)
15
Avg hospital rating
3.3 / 5
Solar radiation rating
Poor (3.5 kWh/m²/day)

Migration

Net migration
-5,092 tax filers

Housing stock

Median year housing built
1,973
Median annual property tax
$10,001
Mean commute to work
15 min
Households with broadband internet
85.7%

Employment & development

Total county employment
1,282,761
Average weekly wage
$2,389
Top industries (by employment)
Health Care, Professional Services, Information
Annual residential building permits (county)
2,030

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents