Areas of Expertise
Mercer Island
The real estate market on Mercer Island has seen some notable trends in recent years.
Mercer Island, located in the heart of Lake Washington, is a highly sought-after residential area with a vibrant real estate market. Known for its picturesque views, tranquil environment, and top-notch schools, the island offers a unique blend of suburban living with close proximity to urban amenities in Seattle and Bellevue. As a result, homes on Mercer Island often feature premium pricing relative to surrounding areas, making it an attractive location for families, professionals, and retirees alike.
The real estate market on Mercer Island has seen some notable trends in recent years. Home values have experienced consistent appreciation, partly due to limited inventory and high demand. Buyers often find a diverse range of property types, including waterfront estates, mid-century homes, and modern constructions. The market appeals to various buyers, from those seeking luxury homes to those interested in smaller, more affordable properties suitable for starting families.
One of the most appealing aspects of Mercer Island real estate is the exceptional quality of life it offers. Homeowners enjoy access to a wealth of community amenities, including parks, recreational facilities, and hiking trails. Mercer Island also boasts a strong sense of community, with various local events, farmers' markets, and cultural activities throughout the year. The island's low crime rate, excellent public schools, and well-maintained neighborhoods further contribute to its desirability among potential homebuyers.
Mercer Island's proximity to major urban centers like Seattle has a significant impact on its real estate market. The island is conveniently located near the I-90 bridge, allowing residents to commute easily to downtown Seattle, making it an attractive location for professionals who work in the city but prefer a quieter home environment. This ease of access has led to increased demand for properties on the island, further driving up home values over time.
As the demand for housing in Mercer Island continues to rise, the future outlook for real estate in the area appears promising. Experts predict that property values will likely maintain their upward trajectory due to the island's limited land availability, desirable amenities, and excellent school district. As developers begin to explore opportunities for new construction and redevelopment projects, potential homebuyers can expect a continued evolution of the Mercer Island real estate market, which will help meet the growing demand while preserving the community's charm.
25,282 people live in Mercer Island, where the median age is 45.8 and the average individual income is $120,120. Data provided by the U.S. Census Bureau.
Total Population
Median Age
Population Density
Average individual Income
There's plenty to do around Mercer Island, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.
Explore popular things to do in the area, including Shell Foodmart-Ars West, ExtraMile, and Meridian Products.
| Name | Category | Distance | Reviews |
Ratings by
Yelp
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|---|---|---|---|---|
| Dining | 1.25 miles | 2 reviews | 3/5 stars | |
| Dining | 1.5 miles | 0 reviews | 0/5 stars | |
| Dining | 1.6 miles | 0 reviews | 0/5 stars | |
| Shopping | 1.71 miles | 0 reviews | 0/5 stars | |
| Active | 0.47 miles | 0 reviews | 0/5 stars | |
| Active | 0.55 miles | 0 reviews | 0/5 stars | |
| Beauty | 1.32 miles | 0 reviews | 0/5 stars | |
| Beauty | 1.38 miles | 52 reviews | 3.8/5 stars | |
| Beauty | 1.47 miles | 45 reviews | 4/5 stars | |
| Beauty | 1.72 miles | 0 reviews | 0/5 stars | |
| Beauty | 2 miles | 0 reviews | 0/5 stars | |
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Mercer Island has 9,893 households, with an average household size of 2.54. Data provided by the U.S. Census Bureau. Here’s what the people living in Mercer Island do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 25,282 people call Mercer Island home. The population density is 3,961 and the largest age group is Data provided by the U.S. Census Bureau.
Total Population
Population Density Population Density This is the number of people per square mile in a neighborhood.
Median Age
Men vs Women
Population by Age Group
0-9 Years
10-17 Years
18-24 Years
25-64 Years
65-74 Years
75+ Years
Education Level
Total Households
Average Household Size
Average individual Income
Households with Children
With Children:
Without Children:
Blue vs White Collar Workers
Blue Collar:
White Collar:
3380 146th Pl SE Ste 300 Bellevue, WA 98007
3380 146th Pl SE Ste 300 Bellevue, WA 98007
