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98040 Homes for Sale in Mercer Island, WA & Real Estate

98040 currently has 87 residential homes for sale on the market. The median list price is $2,999,988 or $788 / ft². These listings range from $2,024,000 in the lower quartile to $4,399,998 in the upper quartile. The average home currently for sale in 98040 is around 47 years old and 788 ft². There are currently 1 studio, 2 one-bedroom, 5 two-bedroom, 10 three-bedroom, and 69 four+ bedroom listings for sale.
A more detailed breakdown of sizes and prices is below:
Median
Bedrooms Price Price / ft²
Studio $295,000 $648
1 BR $377,500 $437
2 BR $524,999 $451
3 BR $1,817,000 $860
4+ BR $3,380,000 $800

Out of the 87 listings that are currently on the market, there are 7 condos and 80 houses. Our real-time inventory refreshes every hour, so that you see the best new inventory available on the market.

This search area is located within 98040. 98040 has 24,467 residents in 9,820 households.

Frequently Asked Questions

What is the average sales price for homes in 98040?
The average home sales price in 98040 is $2,999,988, or $788/sqft. When you buy a home in 98040, you can expect to pay between $2,024,000 to $4,399,998. These figures may differ depending on the location, type, and size of the property.
How long on average are homes in 98040 on the market?
Based on our collected data, properties in 98040 are on the market for an average time of 43 days.
What is the breakdown of listings by property type in 98040?
There are currently 7 condos and 80 houses located in 98040. Our inventory of available listings is constantly being updated so be sure to check back frequently.
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