Mercer Island, WA
    For Sale
    • For Sale
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    • Recently Sold
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    Property Types
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Operating Costs & Financing

    Mercer Island property taxes are below the county average by 0.26 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $4.68 per sq ft
    Tax Rate (average for all types) 0.61%
    Tax Rate vs County Average 0.26 pp below county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Mercer Island.

    Leading Commercial Asset Segments

    Office properties & Spaces 39
    Office Units 30
    Retail properties & Spaces 11
    Retail space 10
    Office buildings 6

    Mercer Island Demographics Overview

    Population 25K
    Population Growth (5Y) -0.8%
    Median Household Income $202,359

    Top Neighborhoods for Investment

    Discover the areas of Mercer Island with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    98040 $5M - 6M $5.5M

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