All Countries
Mercer Island, WA
Full City Profile · Washington · Kitsap County County
3.1
/5.0
B
Good
25,282
Population
3,963/sq mi density
$202,359
Median Income
$120,120 per capita
$1,884,200
Home Value
$2,281,504 Zillow
$2,464
Median Rent
28.5% income on rent
54°F
Avg Temperature
249 sunny days/yr
30
Violent Crime/100K
1,405 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$202,359 median income, 1.5% unemployment
F
Affordability
1.4 / 5.0
$1,884,200 home value, $2,464/mo rent
F
Safety
1.0 / 5.0
30 violent crimes/100K
A+
Education
5.0 / 5.0
78.8% bachelor's degree or higher
Housing Overview
Median Home Value
$1,884,200
568% above
US avg: $281,900
Median Rent
$2,464/mo
112% above
US avg: $1,163/mo
Homeownership Rate
66.0%
1% above US avg (65.4%)
Total Housing Units
10,514
Median year built: 1974
Home Value by Source
Census Median
$1,884,200
Zillow (ZHVI)
$2,281,504
Median Sale Price
$2,000,000
Median List Price
$2,887,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.0%
Owner-Occupied
34.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$2,464/mo
· Zillow rent:
$2,739/mo
Market Indicators (Redfin)
Median Days on Market
7 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
23.3%
of listings with price reduction
Price Per Sq Ft
$831
Active Inventory
30
homes for sale
Affordability & Housing Stock
Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
66.0%
Complete Housing Data
Home Values
| Census Median Value | $1,884,200 |
| Zillow Home Value (ZHVI) | $2,281,504 |
| Median Sale Price | $2,000,000 |
| Median List Price | $2,887,500 |
| Price Per Sq Ft | $831 |
Rent
| Census Median Rent | $2,464 |
| Zillow Rent (ZORI) | $2,739 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 7 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.3% |
| Homes Sold | 5 |
| Active Inventory | 30 |
| Price Per Sq Ft | $831 |
Ownership & Stock
| Owner-Occupied | 66.0% |
| Renter-Occupied | 34.0% |
| Homeownership Rate | 66.0% |
| Total Housing Units | 10,514 |
| Median Year Built | 1974 |
| Rent Burden | 28.5% |