Mercer Island WA Multi Family for Sale

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Mercer Island Real Estate

The median home value in Mercer Island, WA is $2,020,000. This is higher than the county median home value of $793,300. The national median home value is $338,100. The average price of homes sold in Mercer Island, WA is $2,020,000. Approximately 62.54% of Mercer Island homes are owned, compared to 29.83% rented, while 7.64% 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 has a population of 25,506. Mercer Island is more family-centric than the surrounding county with 42.34% of the households containing married families with children. The county average for households married with children is 35.99%.

The median household income in Mercer Island, Washington is $170,000. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Mercer Island is 45.5 years.

Mercer Island Weather

The average high temperature in July is 76 degrees, with an average low temperature in January of 37 degrees. The average rainfall is approximately 39.2 inches per year, with 5.1 inches of snow per year.

Mercer Island Real Estate Market Conditions

  • Median sales price

    $2,020,000
    14.8% change since last quarter
  • # Active listings

    22
    30-day change

Mercer Island Schools and Demographics

Education near Mercer Island, WA

Metric City County
High School Graduates 98.3 93.67
College Degree - 2 year 5.26 7.9
College Degree - 4 year 77.52 54.03
Graduate Degree 20.87 15.95
Expenditures per Student 20,069 20,069
Students per Teacher 18.5 18.5

Elementary Schools near Mercer Island, WA

School Grades Students P/T Ratio ZIP
Beacon Hill International School KG - 05 480 14 98144
Concord International School PK - 05 410 11.5 98108
Cougar Ridge Elementary School KG - 05 602 15.9 98006
Dearborn Park International School KG - 05 369 15.2 98108
Dunlap Elementary School PK - 05 408 13.4 98118
Eastgate Elementary School KG - 05 443 15.1 98006
Emerson Elementary School KG - 05 277 11 98118
Graham Hill Elementary School PK - 05 382 11.2 98118
Hawthorne Elementary School - Seattle PK - 05 364 13.9 98118
Island Park Elementary School KG - 05 576 16.2 98040
John Muir Elementary School KG - 05 436 14.5 98144
Kimball Elementary School KG - 05 429 13.9 98144
Lakeridge Elementary School KG - 05 644 16.2 98040
Maple Elementary School KG - 05 468 14.8 98108
Martin Luther King Jr Elementary School PK - 05 369 13.2 98118
Newport Heights Elementary School KG - 05 624 16.6 98006
Puesta Del Sol Elementary School KG - 05 571 20.2 98006
Somerset Elementary School KG - 05 709 17.7 98006
South Shore K-8 School PK - 08 642 13.2 98118
Thurgood Marshall Elementary School PK - 05 511 14.6 98144
Van Asselt Elementary School KG - 05 523 13.9 98108
West Mercer Elementary School KG - 05 715 18.2 98040
Wing Luke Elementary School KG - 05 349 13 98118

Middle Schools near Mercer Island, WA

School Grades Students P/T Ratio ZIP
Aki Kurose Middle School 06 - 08 727 15.9 98118
Islander Middle School 06 - 08 1,095 22 98040
Mercer International Middle School 06 - 08 1,075 18.1 98108
ODLE Middle School 06 - 08 782 17.8 98006
TYEE Middle School 06 - 08 907 19 98006
Washington Middle School 06 - 08 1,136 19.6 98144

High Schools near Mercer Island, WA

School Grades Students P/T Ratio ZIP
Cleveland High School 09 - 12 830 18 98108
Franklin High School 09 - 12 1,315 20.2 98144
Mercer Island High School 09 - 12 1,416 20.4 98040
Newport Senior High School 09 - 12 1,730 20.4 98006
Rainier Beach High School 09 - 12 598 17.1 98118
Raisbeck Aviation High School 09 - 12 432 22.3 98108

Ungraded Schools near Mercer Island, WA

School Grades Students P/T Ratio ZIP
* South Lake High School 09 - 12 104 11.7 98118
Education Service Centers 06 - 12 10 98108
Interagency Open Doors UG - UG 0 98118

Demographics near Mercer Island, WA

Metric City County
Neighborhood Type Suburban
Population 25,506 2,240,876
Population Density 3,996 1,059
Median Age 45.5 37.1
People per Household 2.6 2.4
Median Household Income 170,000 106,326
Average Income per Capita 101,832 59,843