RexMontReal Estate
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Mercer Island · Washington

Mercer Island, WA real estate.

Family-oriented island living between Seattle and Bellevue, with top-rated schools, waterfront estates, and direct light rail commutes both directions. RexMont represents Mercer Island buyers and sellers with the area-by-area fluency this market requires.

Typical price range

$1.5M–$3M single-family; $2.5M–$5M view homes; $5M–$15M+ Lake Washington waterfront; $700K–$1.8M condos and townhomes

Schools

Mercer Island School District — top-rated K-12 with its own schools, separate from Bellevue and Seattle

Commute

10–15 min drive to downtown Seattle or Bellevue via I-90; direct 2 Line light rail to both cities

ZIP & size

98040 — ~13 sq mi total area, population ~25,000

About Mercer Island, Washington

Mercer Island occupies its own island in the middle of Lake Washington, directly between Seattle and Bellevue. The city covers roughly 13 square miles with a population around 25,000, accessed by I-90 from both ends — the only highway crossings the island requires.

The island is large enough to have genuinely distinct neighborhoods. The North End sits closest to I-90 and the Town Center, with walkable retail, parks, and easy access to commuting arteries. West Mercer faces Seattle across Lake Washington and holds many of the island's most prized waterfront properties. East Mercer faces Bellevue and the Cascades, with its own distinctive waterfront character. The South End is quieter and more wooded, with larger lots and a more rural feel — even though it is still only minutes from I-90.

What ties the island together is its independent Mercer Island School District — consistently among the highest-rated public school districts in Washington State — and a strong family-first community character. Families regularly move to Mercer Island specifically for the schools and the relative safety and walkability of the island for kids.

The 2 Line light rail expansion through Mercer Island Station has meaningfully changed the commute calculus, giving residents a direct rail connection to both downtown Seattle and Bellevue without sitting in I-90 traffic. This has made Mercer Island condos and townhomes (concentrated near the Town Center) one of the more interesting transit-oriented entry points to the Eastside.

Inventory is limited relative to demand, particularly for homes inside the schools' catchment areas and for true waterfront properties. Multiple-offer situations are common in spring, and well-prepared listings can sell in days. Sellers benefit from careful pre-listing work; buyers benefit from agents who can differentiate area-by-area pricing accurately.

How RexMont represents Mercer Island buyers and sellers.

Buying on Mercer Island

Area-by-area expertise, school-aware search, real negotiation.

  • School and area mapping. North End, West Mercer, East Mercer, and South End each have a distinct price profile and elementary-school catchment. We help you see how those map to your needs.
  • Off-market access. A meaningful share of Mercer Island homes — particularly waterfront — never list publicly. We monitor off-market activity through agent relationships.
  • Multiple-offer strategy. Well-priced Mercer Island listings routinely receive multiple offers. We help buyers structure offers that win without overpaying.
Start a Mercer Island buyer conversation

Selling on Mercer Island

Private valuations, area-aware pricing, the right launch.

  • Private valuation.A confidential, no-cost estimate of your Mercer Island home's likely sale price, with comps and area-specific commentary, before you commit to listing.
  • Pre-listing decisions. Off-market network preview, coming-soon strategy, or full launch — the right call depends on the property and the season.
  • RexMont 5-Star Listing Edge. Production scale and 1,235+ five-star reviews translate into high-quality marketing, professional preparation, and measured negotiation through close.
Request a private Mercer Island valuation

Active homes for sale on Mercer Island

The latest active NWMLS listings on Mercer Island, refreshed hourly.

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Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use.

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Frequently asked questions about Mercer Island real estate.

What is the median home price on Mercer Island, WA?

Mercer Island home prices typically range from $1.5M to $3M for non-waterfront single-family homes, with view homes from $2.5M to $5M, and direct Lake Washington waterfront properties from $5M to $15M+. Condos and townhomes (concentrated near the Town Center and the I-90 corridor) range from approximately $700K to $1.8M depending on size and location.

What school district serves Mercer Island?

Mercer Island has its own Mercer Island School District — separate from Bellevue and Seattle — and is consistently among the highest-rated public school districts in Washington State. Schools include Island Park Elementary, West Mercer Elementary, Lakeridge Elementary, Mercer Island Middle School, and Mercer Island High School.

Is Mercer Island a good commute to Seattle and Bellevue?

Mercer Island sits on I-90 directly between downtown Seattle and Bellevue, with drive times of approximately 10–15 minutes to either city. The 2 Line light rail service through Mercer Island Station now provides a direct rail commute to both Seattle and the Eastside without sitting in traffic.

What are the main areas on Mercer Island?

Mercer Island is commonly divided into the North End (closest to I-90 and the Town Center), West Mercer (Lake Washington waterfront facing Seattle), East Mercer (waterfront facing Bellevue), and the South End (quieter, more wooded, larger lots). Each area has a distinct price profile and lifestyle character.

How do I buy or sell a home on Mercer Island?

Mercer Island inventory is limited and well-priced homes routinely produce multiple offers. RexMont represents Mercer Island buyers and sellers with private valuations, off-market sourcing, and accurate area-by-area pricing — North End, West Mercer, East Mercer, and South End each price differently and sell on different timelines.

Ready to talk Mercer Island?

Confidential conversations, private valuations, and area-by-area pricing fluency from Seattle and the Eastside's most-reviewed brokerage.

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