Mercer Island Real Estate Guide

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An island, a city, and a coveted community

Welcome to Mercer Island, located at the center of Lake Washington, between the cities of Seattle and Bellevue. Mercer Island features beautiful neighborhoods, acres of park space and forests, several public beaches, and a dynamic downtown with great shops, restaurants, and a small-town feel.

It’s hard to imagine, but Mercer Island was once a remote place to live. When the Lacy V. Murrow floating bridge was constructed in 1940, connecting Mercer Island to Seattle, the island’s population was approximately 1,200. With improved access, Mercer Island was one of many places across the nation to experience a rush of suburban development, which coincided with the “baby boom.” By 1950, the island’s population was 4,500 and grew to 12,000 by 1959.

Mercer Island is now home to over 25,000 residents and has over 7,000 single-family homes. According to MLS data, in 2021, 368 of these properties sold with a median sale price of $2,200,000.

You’ll find a range of property types on the island – from downtown condos to waterfront estates. Architectural styles include mid-century moderns, Northwest Contemporary-style homes, Buchan-built Traditionals, Modern Craftsman homes, and ultra-modern and contemporary-style homes as well.

Explore this real estate guide to learn about neighborhoods, check out recent featured listings, read the latest market reports, and more.

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Featured Listings

A selection of featured residential listings presented by The Sirianni Group – from mid-century moderns to luxury view homes.

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Market Reports

Curious about what’s happening in the Mercer Island real estate market? Here are our latest market reports providing quarterly and monthly trends and analysis for Mercer Island, the Eastside, waterfront properties, and the condo market.

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Neighborhoods

Mercer Island has a varied collection of neighborhoods. All feature beautiful homes, yet each neighborhood has its own unique features and points of interest.

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Rental Guide

Here's our round-up of the largest downtown apartment communities as well as resources for finding a rental house on the Island.

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Market Trends

Check out real estate charts of monthly market activity for Mercer Island single-family homes and condos.

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Need Real Estate Help?

Get even more market insight and expert guidance from an experienced local real estate team. Contact Charlie and Erin today!

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