Median home value in zip code 98040 (Mercer Island, WA) is $2282K, down 1.1% year over year. Part of the Seattle-Tacoma-Bellevue, WA metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Seattle-Tacoma-Bellevue, WA metro →

Home Value$2,281,695

YoY Change

-1.1%

AFFORDABILITY

Enter your income for 98040 (Mercer Island).

Income (annual)

Down Payment

$456,339 on $2,281,695

Out of reach — 214.8% of income

Need $575,229/yr to afford.

PITI$13,422

P/I214.8%

Afford$297K

Gap-$1984K

P&I $11,537Tax $1,768Ins $117

6.50% 30yr, 20% down, county tax + WA ins. 28% per HUD.

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Metro Analysis

98040 is part of the Seattle-Tacoma-Bellevue, WA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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