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Mercer Island, WA 98040 Real Estate & Property Data

Mercer Island, WA 98040 Real Estate Market Trends
Last Updated: May 01, 2024

A total of 295 residential properties have been sold over the past 12 months in 98040. With a median sales price of $2,519,500 in 98040. Discover market trends and get the granular level real estate data for Mercer Island, WA 98040 to keep your pulse on the housing market. Curate compelling home reports for Mercer Island, WA 98040 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Mercer Island, WA 98040 Real Estate Market Trends
Get property data for any address in Mercer Island, WA 98040 or the country:
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 8,136
Total Commercial Properties 113
Avg. Home Age (Single Family Home) 51 Years
Avg. Square Feet (Single Family Home) 3,126
Total 2024 Residential Sales (year-to-date) 44
% of Homes Seriously Underwater (Q2 2024) 0.7%
Total 2023 Residential Sales 274
% of Equity Rich Homes (Q2 2024) 60.1%
Effective 2023 Property Tax 0.6%
Total Foreclosure Filings (year-to-date) N/A
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Mercer Island, WA 98040 Real Estate Overview

There were 295 residential properties sold in the past year in Mercer Island, WA 98040. The median home value in Mercer Island, WA 98040 is $2,249,394. There are a total of 8,136 residential properties in the 98040.

Median Sales Price i
$2,519,500
(Mar 2024)
+9.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 $2,519,500
  • February '24 Feb '24 $2,175,000
  • January '24 Jan '24 $2,300,000
  • December '23 Dec '23 $2,050,000
  • November '23 Nov '23 $2,265,500
  • October '23 Oct '23 $2,700,000
  • September '23 Sep '23 $1,975,000
  • August '23 Aug '23 $2,125,000
  • July '23 Jul '23 $2,187,500
  • June '23 Jun '23 $2,147,500
  • May '23 May '23 $2,231,110
  • April '23 Apr '23 $2,165,000
Median Down Payment i
$787,104
(Mar 2024)
-13.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 $787,104
  • February '24 Feb '24 $784,452
  • January '24 Jan '24 $520,002
  • December '23 Dec '23 $970,000
  • November '23 Nov '23 $657,500
  • October '23 Oct '23 $810,000
  • September '23 Sep '23 $585,000
  • August '23 Aug '23 $536,100
  • July '23 Jul '23 $745,633
  • June '23 Jun '23 $586,944
  • May '23 May '23 $663,333
  • April '23 Apr '23 $622,500
Number of Homes Sold i
13
(Mar 2024)
-43.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 13
  • February '24 Feb '24 17
  • January '24 Jan '24 14
  • December '23 Dec '23 15
  • November '23 Nov '23 16
  • October '23 Oct '23 16
  • September '23 Sep '23 20
  • August '23 Aug '23 26
  • July '23 Jul '23 40
  • June '23 Jun '23 39
  • May '23 May '23 30
  • April '23 Apr '23 26
Number of Purchase Loans i
9
(Mar 2024)
-59.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 9
  • February '24 Feb '24 12
  • January '24 Jan '24 12
  • December '23 Dec '23 15
  • November '23 Nov '23 13
  • October '23 Oct '23 12
  • September '23 Sep '23 11
  • August '23 Aug '23 17
  • July '23 Jul '23 24
  • June '23 Jun '23 31
  • May '23 May '23 20
  • April '23 Apr '23 20
Number of REFI Loans i
7
(Mar 2024)
-12.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 7
  • February '24 Feb '24 2
  • January '24 Jan '24 5
  • December '23 Dec '23 2
  • November '23 Nov '23 7
  • October '23 Oct '23 8
  • September '23 Sep '23 2
  • August '23 Aug '23 6
  • July '23 Jul '23 7
  • June '23 Jun '23 7
  • May '23 May '23 12
  • April '23 Apr '23 8
Number of HELOC Loans i
8
(Mar 2024)
-50%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 8
  • February '24 Feb '24 4
  • January '24 Jan '24 9
  • December '23 Dec '23 11
  • November '23 Nov '23 6
  • October '23 Oct '23 9
  • September '23 Sep '23 9
  • August '23 Aug '23 11
  • July '23 Jul '23 12
  • June '23 Jun '23 14
  • May '23 May '23 6
  • April '23 Apr '23 14

Mercer Island, WA 98040 Real Estate Market Overview

Last 30 days
  • Street
  • Street
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Mercer Island, WA 98040 Foreclosure Activity

Total Foreclosure Filings i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 N/A
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
Foreclosure Starts i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 N/A
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 N/A
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
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