What is the median home value in Mercer Island, WA?

Name: Home values in Mercer Island, WA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Mercer Island, WA is $2,000,000 or more, as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on November 12, 2026.

Median home value: $2,000,000 or more
Owner-occupied homes: 6,746 (±279)
Most common range: $1,000,000 or more

Home values in Mercer Island

Owner-occupied homes by value, 2020–2024
Value	Mercer Island	King County	Washington	United States
Less than $50,000	1.5% (±0.9 points)	1.5%	2.9%	5.3%
$50,000 to $99,999	0.0% (±0.6 points)	1.0%	1.8%	6.1%
$100,000 to $149,999	0.9% (±0.8 points)	0.8%	1.7%	6.8%
$150,000 to $199,999	0.2% (±0.3 points)	0.6%	2.1%	9.0%
$200,000 to $299,999	0.5% (±0.5 points)	1.9%	7.0%	17.8%
$300,000 to $499,999	2.9% (±2.0 points)	11.6%	27.8%	26.9%
$500,000 to $999,999	4.5% (±1.5 points)	44.8%	40.8%	20.9%
$1,000,000 or more	89.4% (±2.9 points)	37.9%	15.9%	7.1%

The most common range is $1,000,000 or more, 89.4% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Mercer Island against King County, its state and the nation

Estimate (90% margin of error)
	Mercer Island	King County	Washington	United States
Median home value	$2,000,000 or more	$859,900 (±$4,853)	$564,600 (±$1,940)	$332,700
Owner-occupied homes	6,746 (±279)	521,805 (±3,926)	1,954,777 (±10,007)	84,210,142

Median home value in places near Mercer Island

Nearest places with a published estimate, compared with Mercer Island
Place	Distance	Median home value	Compared with this place
Mercer Island	—	$2,000,000 or more	—
Beaux Arts Village	2.0 mi	$2,000,000 or more	—
Newcastle	3.8 mi	$1,205,600 (±$65,046)	—
Bellevue	4.2 mi	$1,340,300 (±$36,998)	—
Medina	4.4 mi	$2,000,000 or more	—
Clyde Hill	4.6 mi	$2,000,000 or more	—
Bryn Mawr-Skyway	4.8 mi	$655,200 (±$25,465)	—
Boulevard Park	5.2 mi	$456,100 (±$58,844)	—
Hunts Point	5.5 mi	$2,000,000 or more	—

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across King County, place by place

Rank	Place	Median home value
1 (tie)	Beaux Arts Village	$2,000,000 or more
1 (tie)	Clyde Hill	$2,000,000 or more
1 (tie)	Hunts Point	$2,000,000 or more
1 (tie)	Medina	$2,000,000 or more
1 (tie)	Mercer Island	$2,000,000 or more
1 (tie)	Yarrow Point	$2,000,000 or more
7	Sammamish	$1,407,300 (±$43,544)
8	Bellevue	$1,340,300 (±$36,998)
9	Cottage Lake	$1,230,700 (±$48,099)
10	Ames Lake	$1,225,000 (±$381,755)
11	Union Hill-Novelty Hill	$1,218,500 (±$43,129)

Showing 11 of 59 places in King County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Mercer Island

What is the average home value in Mercer Island, WA?

The Census Bureau publishes the median: $2,000,000 or more for owner-occupied homes in Mercer Island (2020–2024 American Community Survey).

Is this what homes in Mercer Island sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Mercer Island city, Washington (place:45005, in state:53).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.