Mercer Island homes for sale
Find Mercer Island homes with island-specific strategy.
RexMont helps buyers search Mercer Island homes from $1.5M to $15M+, balancing shoreline, views, Mercer Island School District, ZIP 98040, 2 Line light rail, and access between Seattle and Bellevue.
Page author
Adriano Tori
Designated Broker, Founder & CEO — RexMont Real Estate · WA Lic. #27660
Adriano leads RexMont Real Estate — the most-reviewed real estate brokerage in Seattle and the Eastside. 1,200+ closed transactions, $1B+ in production, and 1,235 five-star Google reviews.
Market context
Mercer Island buyers compare lifestyle, access, and scarcity at once.
Mercer Island sits between Seattle and Bellevue, which makes it a distinctive alternative to both urban convenience and suburban Eastside neighborhoods. Buyers often compare travel patterns, school preferences, privacy, and neighborhood feel before comparing finishes.
Inventory can be thin, and properties vary widely by topography, bridge access, shoreline, views, and remodel scope. A $1.5M search behaves very differently from a waterfront or new-construction search in the $8M to $15M+ range.
The 2 Line light rail adds a regional mobility variable, but property-by-property value still depends on the island basics: site quality, neighborhood position, schools, condition, and the strength of competing buyer demand.
Coverage
Service area at a glance
RexMont represents buyers and sellers across these Seattle and Eastside markets. Click any city for the full local guide.
Bellevue, WA
ZIPs: 98004 · 98005 · 98006 · 98007 · 98008
Schools: Bellevue SD
Medina, WA
ZIP: 98039
Schools: Bellevue SD
Clyde Hill, WA
ZIP: 98004
Schools: Bellevue SD
Mercer Island, WA
ZIP: 98040
Schools: Mercer Island SD
Kirkland, WA
ZIPs: 98033 · 98034
Schools: Lake Washington SD
Redmond, WA
ZIPs: 98052 · 98053
Schools: Lake Washington SD
Sammamish, WA
ZIPs: 98074 · 98075
Schools: Lake Washington / Issaquah SD
Issaquah, WA
ZIPs: 98027 · 98029
Schools: Issaquah SD
Newcastle, WA
ZIPs: 98056 · 98059
Schools: Renton SD
Woodinville, WA
ZIPs: 98072 · 98077
Schools: Northshore SD
Kenmore, WA
ZIP: 98028
Schools: Northshore SD
Seattle, WA
ZIPs: 98101 · 98109 · 98112 · 98115 · 98118
Schools: Seattle Public Schools
For Mercer Island buyers
Compare neighborhoods, bridge access, schools, views, waterfront, and pricing with a search plan tailored to the island rather than generic Eastside averages.
Start an island searchFor Mercer Island sellers
Position your home around the right buyer pool, from Seattle relocations to Eastside move-up buyers seeking schools, space, and island privacy.
Request seller strategyActive homes for sale in Mercer Island
The latest active NWMLS listings in Mercer Island, refreshed hourly.
ActiveNew today$1,599,000
MLS# 25290288210 Se 36th Street
Mercer Island, WA 98040
5 bd1 ba1,940 sqftListing courtesy of Coldwell Banker Bain
ActiveNew today$11,988,000
MLS# 25205154014 E Mercer Way
Mercer Island, WA 98040
4 bd3.5 ba4,540 sqftListing courtesy of John L. Scott, Inc
ActiveNew today$1,995,000
MLS# 25292574648 89th Avenue Se
Mercer Island, WA 98040
4 bd2.5 ba2,471 sqftListing courtesy of Windermere Real Estate Midtown
ActiveNew today$2,349,950
MLS# 25293438510 Se 72nd Street
Mercer Island, WA 98040
3 bd1 ba2,810 sqftListing courtesy of Verra Terra
ActiveNew today$1,385,000
MLS# 25254153772 78th Avenue Se
Mercer Island, WA 98040
3 bd1.5 ba1,158 sqftListing courtesy of Coldwell Banker Bain
ActiveNew today$720,000
MLS# 25308283212 81st Place Se #c301
Mercer Island, WA 98040
3 bd1 baListing courtesy of COMPASS
Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use.
Related markets
Compare nearby Eastside markets.
Mercer Island agent
Island-specific buyer and seller representation.
Seattle homes
Compare city alternatives west of the island.
Bellevue homes
Compare Eastside homes east of the island.
Medina homes
Luxury and waterfront context north of Bellevue.
Eastside homes
Regional search strategy across Eastside markets.
Find an agent
Connect with the right RexMont advisor.
FAQ
Questions buyers and sellers ask first.
What makes Mercer Island real estate different?
Mercer Island is a residential island community between Seattle and Bellevue, so buyers weigh commute access, schools, shoreline, views, topography, and limited inventory together.
What price ranges are common on Mercer Island?
Many searches range from about $1.5M for entry and move-up homes to $15M+ for waterfront, view, new construction, and estate properties.
Does the 2 Line light rail affect Mercer Island buyers?
The 2 Line adds another regional access consideration, especially for buyers comparing Seattle, Bellevue, and Eastside commute patterns.
Which school district serves Mercer Island?
Mercer Island homes are served by Mercer Island School District, though buyers should verify individual school assignments for each address.
What ZIP code covers Mercer Island?
Mercer Island is primarily ZIP 98040, a key search filter for buyers focused on the island community.
Search Mercer Island with the island in mind.
RexMont helps you understand the tradeoffs before you tour, write, price, or negotiate in ZIP 98040.
Talk with RexMont