Featuring Property Focus AI™
Mercer Island Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, Mercer Island saw 221 residential properties sold. As of June 2025, the median price for a single-family home is $2,345,000, with a median AVM value of $2,336,000 for properties sold in the last year.
There are 89 involuntary liens on 75 properties, 1 in pre-foreclosure, and 6,721 properties with more than 50% equity in Mercer Island. The market also includes 2,798 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
7,921
Total Home Sales
215 12 mo. trend
Median Home Price
$2,345,00012 mo. trend
Average Loan-to-Value
19.46%
Current Pre-foreclosures
1
% of Properties in Distress
0.01%
Total Involuntary Liens
89
% of High Equity Homes
84.85%
Markets Nearby Mercer Island
Explore real estate market data for cities, counties, and zip codes neighboring Mercer Island. Each location features detailed market statistics, sales trends, pre-foreclosure information, and other property information to help understand current housing conditions. These adjacent markets share regional connections with Mercer Island, providing valuable context and insights into the broader real estate landscape.