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98040 Real Estate Market

98040, Mercer Island, Washington, USA

The 189 homes for sale in 98040 have an average price of $1,934,892. The average home is 3,309 square feet, has 3.7 bedrooms, and 3.1 bathrooms. The typical home for sale in 98040 was built in 1981, which is about the same age as the typical home for sale in Washington.

Quick Trends

Total Listings

189
+2 (+1%) last 14 days

Average List Price

$1,934,892
−$18,176 (−1%) last 14 days

Average Days on Market

127 days
+4 (+3%) last 14 days

98040 Real Estate Listings

Photo of 7549 SE 29th
7549 SE 29th $449,950
2 bed, 2 bath, 1225 sqft

Photo of 6205 SE 27th St
6205 SE 27th St $2,628,000
5 bed, 6 bath, 4852 sqft

Photo of 2222 70th Ave SE
2222 70th Ave SE $1,190,000
4 bed, 3 bath, 2764 sqft

Photo of 4757 Fernridge Lane
4757 Fernridge Lane $998,000
4 bed, 2.5 bath, 3042 sqft

View all of the newest properties for sale in 98040

Photo of 0 NorthEnd Mercer Island
0 NorthEnd Mercer Island $34,950,000
5 bed, 9 bath, 22779 sqft

Photo of 3211 60th Ave SE
3211 60th Ave SE $29,950,000
5 bed, 8.5 bath, 15591 sqft

Photo of 2053 Faben Dr
2053 Faben Dr $10,380,000
5 bed, 6 bath, 8911 sqft

Photo of 2205 60th Ave SE
2205 60th Ave SE $8,900,000
5 bed, 9 bath, 9000 sqft

View all of the most expensive properties for sale in 98040

Photo of 2500 81st Ave SE
2500 81st Ave SE $200,000
1 bed, 1 bath, 715 sqft

Photo of 2500 81st Ave SE
2500 81st Ave SE $229,000
1 bed, 1 bath, 715 sqft

Photo of 2949 76th Ave SE
2949 76th Ave SE $241,500
1 bed, 1 bath, 645 sqft

Photo of 2947 76th Ave SE
2947 76th Ave SE $264,999
1 bed, 1 bath, 645 sqft

View all of the cheapest properties for sale in 98040

98040 Real Estate Market Charts

98040 Real Estate Listing Price Distribution Please enable JavaScript to view this chart.

Places of Interest in 98040

Schools

Transit

Parks

Places

98040 Schools

School_small Mercer Island High School(9-12)
Reading: 93% — Math: 85% — Students: 1424 — Mercer Island School District 400

School_small Islander Middle School(6-8)
Reading: 90% — Math: 86% — Students: 980 — Mercer Island School District 400

School_small West Mercer Elementary School(PreK-5)
Reading: 92% — Math: 88% — Students: 610 — Mercer Island School District 400

School_small Lakeridge Elementary School(K-5)
Reading: 95% — Math: 87% — Students: 536 — Mercer Island School District 400

School_small Island Park Elementary School(K-5)
Reading: 93% — Math: 91% — Students: 515 — Mercer Island School District 400

98040 Transit

Transit_small King County Metro Transit Stop
Routes: 202 205 892

Transit_small King County Metro Transit Stop
Routes: 202 205

Transit_small King County Metro Transit Stop
Routes: 202 205 892

Transit_small King County Metro Transit Stop
Routes: 892

98040 Parks

Park_small Pioneer Park
137 acres

Park_small Luther Burbank Park
83 acres

Park_small Island Crest Park
39 acres

Park_small Lid Park
12 acres

Park_small Walter Hollerbach Park
11 acres

98040 Places

Forty_three_small Mercer Island
More »

Forty_three_small I-90 Lid
More »

Forty_three_small Pioneer Park
More »

Forty_three_small Roanoke Inn
More »

Forty_three_small Mercerdale Park
More »

98040 Statistics

98040 **Listings** Statistics
	Houses	Condos	Both
Total	151	38	189

98040 **List Price** Statistics
	Houses	Condos	Both
Min	$375k	$200k	$200k
Median	$1.5M	$380k	$1.1M
Mean	$2.3M	$458k	$1.9M
Max	$35.0M	$950k	$35.0M
Sum	$348.3M	$17.4M	$365.7M

98040 **Square Footage** Statistics
	Houses	Condos	Both
Min	670	632	632
Median	3,660	1,145	3,215
Mean	3,870	1,211	3,309
Max	15,591	2,530	15,591

98040 **Year Built** Statistics
	Houses	Condos	Both
Min	1905	1960	1905
Median	1987	1978	1982
Mean	1981	1979	1981
Max	2009	2009	2009

98040 **Bedrooms** Statistics
	Houses	Condos	Both
Min	2	1	1
Median	4	2	4
Mean	4.1	1.9	3.7
Max	7	3	7

98040 **Bathrooms** Statistics
	Houses	Condos	Both
Min	1	1	1
Median	3	1	3
Mean	3.4	1.7	3.1
Max	9	4	9

What are median and mean?

Nearby Neighborhoods

Nearby Cities

Show all of 98040's Nearby Cities/Neighborhoods