115 Homes
Recently sold homes in 98040, Mercer Island, WA under $850,000
In the last 30 days, 98040 home prices were down 7% compared to last year. The median price of a home was $1,967,000. View 98040 Market Insights
1 / 38
Sold Sep 11, 2025
$798,000
Last List Price
COMPASS • MLS 2414589 • Status: Sold
1 / 38
Sold Sep 10, 2025
$539,000
Last List Price
eXp Realty • MLS 2360713 • Status: Sold
1 / 23
Sold Aug 29, 2025
$650,000
Last List Price
RSVP Brokers ERA • MLS 2409619 • Status: Sold
1 / 26
Sold Jul 16, 2025
$699,980
Last List Price
WeLakeside • MLS 2397322 • Status: Sold
1 / 21
Sold Jul 08, 2025
$529,000
Last List Price
John L. Scott, Inc. • MLS 2329367 • Status: Sold
1 / 33
Sold Jun 19, 2025
$598,000
Last List Price
John L. Scott, Inc. • MLS 2356943 • Status: Sold
1 / 36
Sold May 22, 2025
$598,000
Last List Price
COMPASS • MLS 2354901 • Status: Sold
1 / 39
Sold May 15, 2025
$650,000
Last List Price
Windermere Bellevue Commons • MLS 2335198 • Status: Sold
1 / 40
Sold Apr 14, 2025
$649,950
Last List Price
Keller Williams Realty PS • MLS 2330768 • Status: Sold
1 / 21
Sold Mar 12, 2025
$625,000
Last List Price
Coldwell Banker Bain • MLS 2329578 • Status: Sold
1 / 21
Sold Feb 26, 2025
$599,950
Last List Price
KW Greater Seattle • MLS 2279742 • Status: Sold
1 / 1
Sold Jan 31, 2025
$790,000
Last List Price
Windermere Real Estate/East • MLS 2328296 • Status: Sold
1 / 24
Sold Dec 13, 2024
$799,000
Last List Price
Pointe3 Real Estate • MLS 2278354 • Status: Sold
1 / 17
Sold Oct 30, 2024
$410,000
Last List Price
Coldwell Banker Bain • MLS 2299639 • Status: Sold
1 / 25
Sold Oct 30, 2024
$675,000
Last List Price
Inspire Realty • MLS 2286975 • Status: Sold
1 / 32
Sold Oct 10, 2024
$670,000
Last List Price
City Closers Real Estate • MLS 2294277 • Status: Sold
1 / 30
Sold Sep 26, 2024
$695,500
Last List Price
RE/MAX Integrity • MLS 2257050 • Status: Sold
1 / 21
Sold Sep 18, 2024
$599,950
Last List Price
COMPASS • MLS 2273904 • Status: Sold
1 / 31
Sold Sep 13, 2024
$650,000
Last List Price
John L. Scott, Inc. • MLS 2256545 • Status: Sold
1 / 27
Sold Aug 29, 2024
$788,000
Last List Price
COMPASS • MLS 2227459 • Status: Sold
1 / 23
Sold Aug 08, 2024
$360,000
Last List Price
COMPASS • MLS 2254624 • Status: Sold
1 / 20
Sold Jul 24, 2024
$620,000
Last List Price
Wilson Realty Exchange, Inc. • MLS 2251711 • Status: Sold
1 / 28
Sold Jul 23, 2024
$795,000
Last List Price
Windermere Real Estate Co. • MLS 2256952 • Status: Sold
1 / 27
Sold Jul 19, 2024
$688,000
Last List Price
Coldwell Banker Bain • MLS 2251551 • Status: Sold
1 / 26
Sold Jul 02, 2024
$650,000
Last List Price
John L. Scott, Inc. • MLS 2239263 • Status: Sold
1 / 39
Sold Jun 11, 2024
$599,950
Last List Price
Every Door Real Estate • MLS 2218295 • Status: Sold
1 / 24
Sold May 07, 2024
$625,000
Last List Price
Windermere Real Estate/East • MLS 2215975 • Status: Sold
1 / 35
Sold May 02, 2024
$749,950
Last List Price
RADIUS PROPERTIES • MLS 2225131 • Status: Sold
1 / 20
Sold Apr 24, 2024
$775,000
Last List Price
Coldwell Banker Bain • MLS 2215098 • Status: Sold
1 / 38
Sold Mar 22, 2024
$419,800
Last List Price
Homes & Equity Real Estate Grp • MLS 2190547 • Status: Sold
1 / 26
Sold Mar 15, 2024
$569,000
Last List Price
Engel & Voelkers Mercer Island • MLS 2198243 • Status: Sold
1 / 1
Sold Feb 14, 2024
$595,000
Last List Price
Windermere Mercer Island • MLS 2204844 • Status: Sold
1 / 24
Sold Feb 02, 2024
$424,998
Last List Price
COMPASS • MLS 2186509 • Status: Sold
1 / 20
Sold Jan 24, 2024
$569,000
Last List Price
Windermere Prof Partners • MLS 2180332 • Status: Sold
1 / 35
Sold Jan 08, 2024
$349,000
Last List Price
Redfin • MLS 2163292 • Status: Sold
1 / 25
Sold Dec 19, 2023
$640,000
Last List Price
Windermere Bellevue Commons • MLS 2179966 • Status: Sold
Viewing 1-36 of 115 homes
98040 Market Trends
All Home Types
In the last 30 days, homes for sale in 98040, Mercer Island, WA sold for a median price of $1,967,000, down 7% compared to the same period last year. The median price per square foot was $857.14, down 4.9% year-over-year. There were 20 homes sold, down from 27 last year.
Median Sale Price
$1,967,000
-7% year-over-year
Median Price per Sq. Ft.
$857.14
-4.9% year-over-year
Number of Homes Sold
20
-25.9% year-over-year
Frequently Asked Questions
What is the median home sale price in 98040, Mercer Island, WA?
In the last 30 days, the median home sale price in 98040 was $1,967,000, down 7% compared to the same period last year. The "median" price is the middle price - half of the homes here were sold for less, the other half for more.
How many homes are for sale in 98040, Mercer Island, WA?
There were 72 homes for sale in 98040 as of September 27, 2025. There were 39 new listings within the last 30 days as well. The more homes on the market, the more choices buyers have.
How up-to-date are Orchard's new listings in 98040, Mercer Island, WA?
The new homes and houses for sale on Orchard's listings pages are updated hundreds of times each day, with listings in 98040 last seen updated at . New listings can appear every day, but many listings first appear on the market mid-week.
How much competition is there to buy a home in 98040, Mercer Island, WA?
In the last 30 days, the median number of days a home in 98040 remained on the market (DOM) was 30. In areas with a low DOM, homes are sold quickly and the competition is fierce; in areas with higher DOMs, you may have more options and more time to make an offer.
Home Buying Resources
View All Articles
The three tree icon represents a listing courtesy of Northwest Multiple Listing Service (NWMLS)
Based on information submitted to the MLS GRID as of 9/28/2025, 9:27AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.