Median home value: $2243K (-1.0% YoY). Rent: $2,670/mo. Price-to-rent: 70.0x. Part of Seattle-Tacoma-Bellevue, WA.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Seattle-Tacoma-Bellevue, WA metro page.
Home Value$2,243,170
-1.0%
Rent$2,670/mo
AFFORDABILITYRenting $10,038/mo cheaper ($2,670 rent)6.00% 30yr, 20% down, county tax + WA ins. 28% per HUD.
Enter your income for Mercer Island.
$448,634 on $2,243,170
Out of reach — 203.3% of income
Need $544,629/yr to afford.
PITI$12,708
P/I203.3%
Afford$309K
Gap-$1934K
P&I $10,759Tax $1,832Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing