The Mercerdale housing market is most competitive. The median sale price of a home in Mercerdale was $1.7M last month, down 4.7% since last year. The median sale price per square foot in Mercerdale is $768, up 22.7% since last year.
What is the housing market like in Mercerdale today?
In January 2025, Mercerdale home prices were down 4.7% compared to last year, selling for a median price of $1.7M. On average, homes in Mercerdale sell after 7 days on the market compared to 9 days last year. There were 1 homes sold in January this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,690,000
-4.7% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Mercerdale, WA
$1,690,000
-4.7%
United States
To compare other locations to the Mercerdale and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Mercer Island add value to a home.
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How hot is the Mercerdale housing market?
Mercerdale is most competitive. Homes sell in 5 days.
0
100
90
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 5 days.
Hot homes
can sell for about 5% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Mercerdale housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mercerdale.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mercerdale has a minor risk of flooding. 20 properties in Mercerdale are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Mercerdale. Flood risk is increasing slower than the national average.