Current Price

$2,252,719

1 Month Forecast

â–² $2,315,280

1-Year Forecast *

â–² $2,543,249

5-Year Forecast *

â–² $2,839,349

"Is it a good time to buy homes in Mercer Island?" "Does investing in real estate in Mercer Island (Washington State, King County) worth it?" According to our live Forecast System, buying a house in Mercer Island is a good short-term (1-year) investment*. The Mercer Island average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Mercer Island" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Mercer Island in Washington State, King County. If you are looking for homes for sale with good flipping profit, Mercer Island can be a profitable property investment option. The median price of an average house in Mercer Island was 2,252,719 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mercer Island" area is 2,839,349 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +26.04% meaning that investing 100000 USD today may yield a profit of 26,041 USD by 2031.

Current Median Listing Price: 2,252,719 USD Median Listing Price Per Square Foot: 1,252 USD

Mercer Island Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Mercer Island (Washington State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Mercer Island Price Target

Mercer Island median home price target in 12 months: $2,543,249* (upside of 12.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $2,338,698 $2,293,062 $2,293,062 $2,342,325
2024 $2,073,386 $2,252,719 $2,073,386 $2,252,719
2023 $2,100,572 $2,080,810 $2,016,235 $2,100,572
2022 $2,034,156 $2,122,157 $2,034,156 $2,385,761
2021 $1,633,298 $1,973,757 $1,633,298 $1,973,757
2020 $1,441,891 $1,607,363 $1,441,891 $1,607,363
2019 $1,455,812 $1,438,148 $1,433,361 $1,455,812
2018 $1,378,562 $1,461,088 $1,378,562 $1,472,003
2017 $1,209,373 $1,361,178 $1,209,373 $1,361,178
2016 $1,095,101 $1,193,310 $1,095,101 $1,193,310
2015 $969,523 $1,077,588 $969,523 $1,077,588
2014 $900,375 $959,556 $900,375 $959,556
2013 $804,166 $890,567 $804,166 $890,567
2012 $785,777 $795,096 $769,941 $795,096

Questions & Answers about the Mercer Island Housing Market Forecast

How much does an average home cost in Mercer Island today?

The value of an average home (the listing price) in Mercer Island is $2,252,719 USD.

What is the average price per square foot in Mercer Island?

According to Walletinvestor the median price per square foot in Mercer Island is 1,252 USD.

Will the median listing price of homes in Mercer Island grow / rise / go up?

Yes. The Mercer Island home prices may rise from 2,252,719 USD to 2,543,249 USD in one year.

Is it profitable to invest in Mercer Island homes?

Yes. The long-term profit potential is +12.90% in one year.

Will Mercer Island house prices fall / drop?

No. See above.

What is the predicted price of a Mercer Island home in 2030?

The predicted home sales price of a Mercer Island home in 2030 in Mercer Island is 2,730,293 USD.

What is the predicted price of a Mercer Island home in 2035?

The predicted home sales price of a Mercer Island home in 2035 in Mercer Island is 3,177,565 USD.

Will real estate prices decrease in Mercer Island?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Mercer Island is the 2466. largest city in the United States, located in Washington State.

During the last 12 months the real estate prices in King, Mercer Island decreased, looking at the past 12 months.

According to Walletinvestor's Mercer Island real estate market research, home values will increase in the next 12 months.

Median home values decreased by 3.806% to 2,252,719 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 11.967% in 2021
  • 13.987% in 2022
  • 12.937% in 2023
  • 11.887% in 2024
  • 13.117% in 2025
  • 12.877% in 2026

Based on our Mercer Island real estate market research and report the predicted sales prices will increase by 236.372% in the next 10 years.

Over the last 12 months, the value of homes in Mercer Island fluctuated: increasing 1 times and decreasing 4 times.

Mercer Island (Washington) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Mercer Island Housing Market Forecast with Real Estate Prices for 2025
August 2025 2315280 2176363 2454197
September 2025 2337714 2192775 2482652
October 2025 2360364 2176256 2544473
November 2025 2383235 2235474 2530995
December 2025 2406326 2182538 2630115
Mercer Island Housing Market Forecast with Real Estate Prices for 2026
January 2026 2429398 2239905 2618891
February 2026 2435383 2204022 2666744
March 2026 2447022 2287966 2606079
April 2026 2470732 2339783 2601681
May 2026 2494672 2369938 2619405
June 2026 2518843 2322374 2715313
July 2026 2543249 2360135 2726363
August 2026 2567891 2372732 2763051
September 2026 2592772 2385350 2800194
October 2026 2617894 2392755 2843033
November 2026 2636832 2446980 2826684
December 2026 2617869 2455561 2780177
Mercer Island Housing Market Forecast with Real Estate Prices for 2027
January 2027 2599043 2443100 2754985
February 2027 2580352 2389406 2771298
March 2027 2561795 2385031 2738559
April 2027 2543372 2304295 2782449
May 2027 2525081 2328125 2722037
June 2027 2506922 2291327 2722517
July 2027 2488893 2287293 2690494
August 2027 2470994 2337561 2604428
September 2027 2453224 2247153 2659295
October 2027 2444884 2249294 2640475
November 2027 2454053 2243005 2665102
December 2027 2470303 2260327 2680279
Mercer Island Housing Market Forecast with Real Estate Prices for 2028
January 2028 2487343 2268457 2706229
February 2028 2501702 2364109 2639296
March 2028 2515971 2334821 2697121
April 2028 2523629 2394924 2652334
May 2028 2523188 2326380 2719997
June 2028 2514186 2380934 2647438
July 2028 2516751 2300310 2733191
August 2028 2539441 2402311 2676571
September 2028 2564046 2333282 2794810
October 2028 2588890 2446501 2731279
November 2028 2611768 2394991 2828544
December 2028 2624224 2493013 2755435
Mercer Island Housing Market Forecast with Real Estate Prices for 2029
January 2029 2633149 2388266 2878032
February 2029 2649822 2437836 2861808
March 2029 2670578 2496990 2844166
April 2029 2688459 2454563 2922355
May 2029 2700461 2443918 2957005
June 2029 2726627 2527583 2925671
July 2029 2730293 2591048 2869538
August 2029 2730855 2506925 2954785
September 2029 2725365 2523688 2927042
October 2029 2711406 2556855 2865956
November 2029 2692530 2463665 2921395
December 2029 2673421 2502322 2844520
Mercer Island Housing Market Forecast with Real Estate Prices for 2030
January 2030 2699325 2450987 2947663
February 2030 2725479 2493814 2957145
March 2030 2751887 2490458 3013317
April 2030 2778551 2503474 3053628
May 2030 2805473 2555786 3055160
June 2030 2832372 2634106 3030638
July 2030 2839349 2623559 3055140
August 2030 2852919 2607568 3098271
September 2030 2880562 2722131 3038993
October 2030 2908473 2643802 3173144
November 2030 2936654 2778074 3095233
December 2030 2965108 2721969 3208247
Mercer Island Housing Market Forecast with Real Estate Prices for 2031
January 2031 2993837 2751337 3236338
February 2031 3022846 2726607 3319084
March 2031 3052135 2856798 3247471
April 2031 3074214 2812906 3335522
May 2031 3052106 2759103 3345108
June 2031 3030156 2815015 3245297
July 2031 3008365 2809813 3206917
August 2031 2986730 2705977 3267483
September 2031 2965251 2677621 3252880
October 2031 2943926 2784954 3102898
November 2031 2922755 2767849 3077661
December 2031 2901736 2713123 3090348
Mercer Island Housing Market Forecast with Real Estate Prices for 2032
January 2032 2880868 2659041 3102694
February 2032 2860150 2631338 3088962
March 2032 2850427 2662299 3038555
April 2032 2861117 2655116 3067117
May 2032 2880062 2649657 3110467
June 2032 2899928 2621535 3178321
July 2032 2916669 2633752 3199586

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.