The median home in Mercer Island, Washington is valued at $2,243,170, down 1.0% year over year. Typical monthly rent is $2,670, producing a price-to-rent ratio of 70x — well above the national average of 18x. Mercer Island is part of the Seattle-Tacoma-Bellevue, WA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$2,243,170

-1.0%

Rent$2,670/mo

Prices falling — better for buyers.

Affordability

Enter your income for Mercer Island.

Income (annual)

Down Payment

$448,634 on $2,243,170

Example: $75,000 household income. Change it above to see your own.

Out of reach212.7% of income

Need $569,614/yr to afford.

PITI$13,291

P/I212.7%

Afford$295K

Gap-$1.95M

P&I $11,343Tax $1,832Ins $117

Renting $10,621/mo cheaper ($2,670 rent)6.50% 30yr, 20% down, county tax + WA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Washington

Compare Mercer Island with other housing markets across Washington.

Hunts Point$7.98M Medina$4.38M Yarrow Point$4.21M Clyde Hill$4.01M Beaux Arts Village$2.76M Woodway$2.3M Sammamish$1.57M Bellevue$1.46M

Full Seattle-Tacoma-Bellevue, WA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Seattle-Tacoma-Bellevue, WA metro.

View Seattle-Tacoma-Bellevue, WA metro

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.

Mercer Island, WA