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Public Record 42M+ events · 6.2M properties All 50 states Data through July 2024 Methodology

ZIP 98040

ZIP-level market data for Mercer Island, WA

Public Record
Median Sale Price
$2.48M
12-Month Sales
27
1-Year Appreciation
Properties Tracked
1,286
Median Sale Price History
Top Streets
StreetProperties
Mercer Way 180
76th Ave 96
80th Ave 46
90th Ave 33
81st Ave 27
74th Ave 25
86th Ave 25
29th St 25
92nd Ave 24
91st Ave 23
88th Ave 22
72nd Ave 21
81st Pl 19
84th Ave 17
36th St 16
Forest Ave 16
Island Crest Way 15
89th Ave 15
70th Ave 14
82nd Ave 14

Streets in ZIP 98040

Street Properties
Mercer Way 180
76th Ave 96
80th Ave 46
90th Ave 33
81st Ave 27
74th Ave 25
86th Ave 25
29th St 25
92nd Ave 24
91st Ave 23
88th Ave 22
72nd Ave 21
81st Pl 19
84th Ave 17
36th St 16
Forest Ave 16
Island Crest Way 15
89th Ave 15
70th Ave 14
82nd Ave 14

Recent Sales

Date Address City Price
Apr 3, 2026 E Mercer Way Mercer Island $2.34M
Mar 31, 2026 76th Ave SE Apt 411 Mercer Island $845K
Mar 27, 2026 2241 74TH AVE SE Mercer Island $3.18M
Dec 10, 2025 4825 88TH AVE SE Mercer Island $1.75M
Nov 13, 2025 5202 FOREST AVE SE Mercer Island $4.3M
Jul 30, 2025 8071 W MERCER WAY Mercer Island $5.95M
Jun 18, 2025 7965 SE 67TH ST Mercer Island $2.35M
Jun 12, 2025 8234 SE 26TH ST Mercer Island $3.57M
May 19, 2025 5252 FOREST AVE SE Mercer Island $1.95M
Apr 30, 2025 5217 88TH AVE SE Mercer Island $2.08M
Apr 30, 2025 94th Pl SE Mercer Island $2.45M
Mar 28, 2025 10 SHORE LN Mercer Island $3.18M
Mar 27, 2025 85th Ave SE Mercer Island $13.13M
Mar 10, 2025 8470 SE 69TH PL Mercer Island $2.3M
Feb 26, 2025 2930 76TH AVE SE APT A102 Mercer Island $500K
Jan 31, 2025 2760 76TH AVE SE APT 702 Mercer Island $790K
Dec 27, 2024 6720 81ST AVE SE Mercer Island $1.59M
Dec 9, 2024 4003 92ND AVE SE Mercer Island $1.31M
Nov 22, 2024 9375 SE 47TH ST Mercer Island $2.5M
Nov 21, 2024 SE 29th St Mercer Island $1.25M

4-Quarter Forecast

Linear projection from past trend
Quarterly trend
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$2.59M
2026 Q4
$2.59M
Median Price — History + Forecast

Property type mix

Share by property type

Map

Recent top sales — most expensive

AddressCitySale dateSale price
6315 77TH AVE SE Mercer Island Aug 3, 2022 $12,000,000
8908 N MERCER WAY Mercer Island Dec 29, 2021 $11,625,000
7445 SE 71ST ST Mercer Island Nov 18, 2021 $9,800,000
8900 N MERCER WAY Mercer Island Jul 21, 2022 $9,000,000
7646 SE 22ND ST Mercer Island Nov 23, 2022 $8,826,800
7464 E MERCER WAY Mercer Island Sep 23, 2022 $8,150,000
9104 SE 50TH ST Mercer Island Oct 10, 2024 $7,680,000
7255 W RIDGE RD Mercer Island May 6, 2022 $7,500,000
6430 E MERCER WAY Mercer Island Jan 19, 2022 $7,480,000
9104 SE 50TH ST Mercer Island Jun 30, 2022 $7,150,000

Nearby ZIP codes

How ZIP 98040 ranks in Washington

1-year appreciation
#30 of 530
Median price
#8 of 530

Frequently asked about ZIP 98040

What is the median sale price in ZIP 98040?
The median sale price in ZIP 98040 over the last 12 months is $2.48M, based on 27 transactions.
How many sales happen each year in ZIP 98040?
Roughly 27 home sales were recorded in ZIP 98040 over the trailing 12 months.
What types of properties are most common in ZIP 98040?
single_family is the most common property type tracked in ZIP 98040.