Mercer Island neighborhood
Downtown Mercer Island homes for sale
8 homes are for sale in Downtown Mercer Island today, at a median asking price of $507,500. In the twelve months to July 2026, 8 homes sold there through NWMLS at a median of $519,750 after 39 days on market.
For sale now
8
1 more pending
Sold, last 12 months
8
to July 2026
Median sold price
$519,750
$513 per sq ft
Median days on market
39
cumulative, closed sales
Sale to list price
98.9%
median, closed sales
Information and statistics derived from Northwest Multiple Listing Service.
8 homes in Downtown Mercer Island for sale
Listings sourced from NWMLS. Availability can change; confirm before touring. Every matching home is on the map; pan or draw to narrow the list.
Early Access · First Look$450,000
MLS# 25937022500 81st Avenue SE #112
Mercer Island, WA 98040
2 bd1 ba965 sqftListing courtesy of Keller Williams Eastside
Active182 days active · 182 cumulative$280,000
MLS# 25893872939 76th Avenue SE #41B
Mercer Island, WA 98040
0 bd1 ba455 sqftListing courtesy of John L. Scott, Inc.
Active12 days active · 12 cumulative$399,000
MLS# 25894812760 76th Avenue SE #402
Mercer Island, WA 98040
1 bd1 ba691 sqftListing courtesy of Windermere West Metro
Active16 days active · 16 cumulative$880,000
MLS# 25851623206 80th Avenue SE #3
Mercer Island, WA 98040
3 bd1.75 ba1,375 sqftListing courtesy of Realogics Sotheby's Int'l Rlty
Active136 days active · 136 cumulative$1,215,000
MLS# 25648967639 SE 29th Street
Mercer Island, WA 98040
3 bd2.25 ba3,132 sqftListing courtesy of COMPASS
Active88 days active · 88 cumulative$829,900
MLS# 25548317549 SE 29th Street #103
Mercer Island, WA 98040
2 bd1.75 ba1,255 sqftListing courtesy of CENTURY 21 Real Estate Center
Active223 days active · 223 cumulative$360,000
MLS# 25484932500 81st Avenue SE #329
Mercer Island, WA 98040
1 bd1 ba715 sqftListing courtesy of RE/MAX Eastside Brokers, Inc.
Active181 days active · 181 cumulative$565,000
MLS# 25024617600 SE 29th St #311
Mercer Island, WA 98040
2 bd2 ba1,287 sqftListing courtesy of Real Broker LLC
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 13, 2026 at 9:19 PM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved. Listing information deemed reliable but not guaranteed.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Copyright concernsThe Downtown Mercer Island market
Downtown Mercer Island homes for sale and what sold, last 12 months
Downtown Mercer Island is one of the communities the Northwest Multiple Listing Service maps in Mercer Island (ZIP 98040), and every figure on this page covers the homes NWMLS files under it. In the twelve months to July 2026, 8 homes closed at a median price of $519,750, $513 per square foot. The median home spent 39 days on market (cumulative, across relists) and sold for 98.9% of its final list price, about 1.1% under its final asking price.
Those sales were 7 condos (median $517,000) and 1 townhome ($1,799,000). The median home sold had 2 bedrooms and 1,015 square feet and was built in 1973.
Right now 8 homes are for sale in Downtown Mercer Island, asking $280,000 to $1,215,000, and 1 more is pending. The map below holds every one, read from NWMLS and refreshed every 30 minutes. The alert on this page watches Downtown Mercer Island for new listings, and the value form beside it prices a home you own here against these same sales, prepared by a broker rather than an automated estimate.
Sales by price, last 12 months
- Under $750K6
- $750K to $1M1
- $1M to $1.5M0
- $1.5M to $2M1
- $2M to $3M0
- $3M and up0
What sold, by home type
| Type | Sales | Median |
|---|---|---|
| condos | 7 | $517K |
| townhomes | 1 | $1.8M |
Median home sold: 2 bd · 1,015 sq ft · built 1973
Transit and internet at the middle of Downtown Mercer Island
47 / 100 Station Score™
At the middle of Downtown Mercer Island, the RexMont Station Score™ is 47 of 100 (a few routes nearby); the strongest routes within a 10-minute walk are 2 Line light rail every 8 min at peak, 269 bus every 15 min at peak and 204 bus every 30 min at peak. Each listing page scores its own address.
Home broadband speed tests at the middle of Downtown Mercer Island ran a median 506 Mbps down and 205 Mbps up (16 tests, 2026-Q3, Ookla® Open Data).
New listing alerts
Get new Downtown Mercer Island listings the day they list.
One daily email at most when a home comes on the market in Downtown Mercer Island's ZIP code, Coming Soon listings included, with a RexMont broker ready to arrange the tour.
Watching: New listings in Downtown Mercer Island, Mercer Island (ZIP 98040)
Your home value, prepared by the designated broker
Prepared by Adriano ToriFounder & Designated Broker · WA Lic. #27660What is my Downtown Mercer Island home worth?
8 Downtown Mercer Island sales in the last twelve months set the range. Adriano Tori prices your home against the ones most like it, comps included, within 24 hours. No automated estimate, no obligation.
FAQ
Downtown Mercer Island homes for sale: the questions asked first.
How many homes are for sale in Downtown Mercer Island, Mercer Island?
8 homes are listed for sale in Downtown Mercer Island today, at a median asking price of $507,500, with 1 more pending. The list on this page reads NWMLS every 30 minutes.
What is the median home price in Downtown Mercer Island?
$519,750 across 8 closed sales in the twelve months to July 2026, or $513 per square foot. Information and statistics derived from Northwest Multiple Listing Service.
How fast do homes sell in Downtown Mercer Island?
The median home spent 39 days on market (cumulative, across relists) and sold for 98.9% of its final list price, about 1.1% under its final asking price. Price, condition and the season move individual homes well away from the median; the listing broker's history for a specific home is on its own page.
What kinds of homes sell in Downtown Mercer Island?
In the last twelve months: 7 condos (median $517,000) and 1 townhome ($1,799,000). The median home sold had 1,015 square feet and 2 bedrooms.
Is Downtown Mercer Island served by transit?
At the middle of Downtown Mercer Island, the RexMont Station Score™ is 47 of 100 (a few routes nearby); the strongest routes within a 10-minute walk are 2 Line light rail every 8 min at peak, 269 bus every 15 min at peak and 204 bus every 30 min at peak. Each listing page scores its own address.
Where does the Downtown Mercer Island boundary on this page come from?
From NWMLS itself: listing brokers file every home under a community from the MLS's own list for the area, and this page counts the homes filed as "Downtown" in Mercer Island. The same rule picks the live listings and the closed sales, so the count, the map and the medians describe the same homes. City and neighborhood-association maps can draw the line slightly differently.
Neighborhoods near Downtown Mercer Island
- First Hill Mercer Island homes for salemedian $2.16M · 12 sold in 12 months
- North End Mercer Island homes for salemedian $2.63M · 38 sold in 12 months
- Westside Mercer Island homes for salemedian $3.14M · 12 sold in 12 months
- Mid-Island Mercer Island homes for salemedian $1.83M · 14 sold in 12 months
- West Mercer homes for salemedian $2.5M · 11 sold in 12 months
- South End Mercer Island homes for salemedian $2.59M · 20 sold in 12 months
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 13, 2026 at 9:19 PM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved. Listing information deemed reliable but not guaranteed.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Copyright concernsNeighborhood statistics: closed NWMLS residential sales filed under “Downtown” in Mercer Island, October 2025 to July 2026, refreshed monthly. Station Score™ from King County Metro and Sound Transit schedules; internet from Ookla® Open Data.