Mercer Island Real Estate Guide
Mercer Island is a premier lakefront community set between Seattle and Bellevue, prized for quiet neighborhoods, top-ranked schools, and fast I-90 access.
Urban living with iconic views
Mercer Island Video
Mercer Island Overview
Mercer Island is a premier lakefront community set between Seattle and Bellevue, prized for quiet neighborhoods, top-ranked schools, and fast I-90 access. Residents enjoy parks, beaches, and trail networks with skyline and lake views—perfect for those seeking a refined, outdoorsy lifestyle.
The Mercer Island housing market is very competitive. Homes receive ~2 offers on average and sell in around 22 days. The median sale price last month was $2.1M (-18.4% YoY). The median price per square foot was $752 (-12.7% YoY). Redfin
Population
~25,282 (2023)
Median Household Income
~$202,359 (2023)
Median Home Price
$2,100,000
Top Employers
City of Mercer Island, Mercer Island School District, local healthcare/financial services; many residents commute to Seattle & Bellevue tech/finance hubs (Amazon, Microsoft, etc.).
Neighborhoods & Lifestyle
Top Mercer Island Areas & Neighborhoods
North End
Quick Seattle/Bellevue access, parks & waterfront
Mid-Island
Central location, community facilities, established streets
South End
Quiet residential pockets, schools & trails
East Mercer
Wooded, view corridors, lake access streets
West Mercer
Premium lake frontage, scenic drives, estate homes
What Makes Mercer Island Special
- True lake lifestyle — beaches, boating, and waterfront parks
- Elite commute — minutes to Seattle and Bellevue via I-90
- Parks & trails — Luther Burbank Park, MI bike routes, greenbelts
- Top-ranked schools — Mercer Island SD consistently among WA’s best
- Luxury market — strong single-family home focus; competitive, low inventory dynamics
Schools & Education
| School Name | Level | Rating | Notes |
|---|---|---|---|
|
Mercer Island High School |
High School |
Top-tier district flagship |
Broad AP/accelerated pathways; strong graduation rate |
|
Islander Middle School |
Middle |
High proficiency metrics |
STEAM programs; bridge to MIHS |
|
Lakeridge Elementary |
Elementary |
District top performer |
High reading/math proficiency |
|
Island Park Elementary |
Elementary |
Highly rated |
Strong community engagement & academics |
|
West Mercer Elementary |
Elementary |
Highly rated |
Neighborhood school; robust enrichment |
Research University
University of Washington
The University of Washington is a public research university in Seattle, Washington, United States. Founded in 1861, it is one of the oldest universities on the West Coast of the United States.
Elementary
Laurelhurst Elementary School
Laurelhurst Elementary School (Seattle, WA) is a public K-5 neighborhood school of about 260-300 students. It emphasizes rigorous academics, creativity, critical thinking and inclusive support.
Research University
Eckstein Middle School
Eckstein Middle School is a public school in Seattle, Washington, serving grades 6-8. Established in 1950, Eckstein’s building is a landmark in Seattle; it features modern-style architecture and has been upgraded over time.
Mercer Island is served by the Mercer Island School District (MISD)—a small, high-performing district frequently ranked in Washington’s top tier. For 2025–26, MISD serves roughly ~4,000 students across 6 schools, with top-percentile proficiency and graduation outcomes. Public School Review
Homes We've Sold in Mercer Island
These are just a few of our successful closings in Mercer Island. Work with trusted local experts who get results.