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 / 39
Sold Dec 19, 2023
$645,000
Last List Price
Coldwell Banker Bain • MLS 2161694 • Status: Sold
1 / 22
Sold Nov 28, 2023
$545,000
Last List Price
Coldwell Banker Bain • MLS 2170664 • Status: Sold
1 / 38
Sold Nov 22, 2023
$615,000
Last List Price
Engel & Voelkers Mercer Island • MLS 2172723 • Status: Sold
1 / 22
Sold Nov 15, 2023
$685,000
Last List Price
Windermere Real Estate/East • MLS 2166116 • Status: Sold
1 / 35
Sold Sep 18, 2023
$698,000
Last List Price
Redfin • MLS 2148798 • Status: Sold
1 / 23
Sold Sep 15, 2023
$349,000
Last List Price
Windermere Real Estate/PSR Inc • MLS 2151250 • Status: Sold
1 / 39
Sold Aug 25, 2023
$498,000
Last List Price
NW Experience Real Estate • MLS 2139473 • Status: Sold
1 / 27
Sold Aug 21, 2023
$395,000
Last List Price
Windermere RE Greenwood • MLS 2145583 • Status: Sold
1 / 27
Sold Jul 21, 2023
$777,000
Last List Price
Windermere RE North, Inc. • MLS 2134313 • Status: Sold
1 / 27
Sold Jul 19, 2023
$749,900
Last List Price
Skyline Properties, Inc. • MLS 2078266 • Status: Sold
1 / 38
Sold Jun 20, 2023
$473,000
Last List Price
Redfin • MLS 1994079 • Status: Sold
1 / 24
Sold Jun 09, 2023
$580,000
Last List Price
John L. Scott, Inc. • MLS 2036702 • Status: Sold
1 / 22
Sold Jun 07, 2023
$645,000
Last List Price
Pellego, Inc. • MLS 2057789 • Status: Sold
1 / 39
Sold May 22, 2023
$725,000
Last List Price
Redfin • MLS 2044426 • Status: Sold
1 / 22
Sold May 12, 2023
$599,995
Last List Price
Windermere Real Estate Co. • MLS 2057293 • Status: Sold
1 / 1
Sold May 12, 2023
$714,589
Last List Price
NW Experience Real Estate • MLS 2067900 • Status: Sold
1 / 26
Sold May 05, 2023
$408,000
Last List Price
Solution Partners NW • MLS 2053023 • Status: Sold
1 / 1
Sold Apr 28, 2023
$450,000
Last List Price
WeLakeside • MLS 2065726 • Status: Sold
1 / 34
Sold Apr 05, 2023
$819,950
Last List Price
John L. Scott, Inc. • MLS 2043398 • Status: Sold
1 / 31
Sold Apr 03, 2023
$589,000
Last List Price
Windermere Mercer Island • MLS 2039361 • Status: Sold
1 / 20
Sold Mar 30, 2023
$575,000
Last List Price
Berkshire Hathaway HS NW • MLS 2039870 • Status: Sold
1 / 1
Sold Mar 27, 2023
$505,000
Last List Price
Coldwell Banker Bain • MLS 2059102 • Status: Sold
1 / 20
Sold Mar 27, 2023
$505,000
Last List Price
Windermere Real Estate/East • MLS 2030127 • Status: Sold
1 / 27
Sold Feb 28, 2023
$560,000
Last List Price
Realogics Sotheby's Int'l Rlty • MLS 2034522 • Status: Sold
1 / 33
Sold Feb 15, 2023
$647,500
Last List Price
Windermere Mercer Island • MLS 2029753 • Status: Sold
1 / 40
Sold Nov 30, 2022
$414,000
Last List Price
NW Experience Real Estate • MLS 2000644 • Status: Sold
1 / 26
Sold Nov 01, 2022
$550,000
Last List Price
Redfin • MLS 1996103 • Status: Sold
1 / 33
Sold Oct 28, 2022
$799,800
Last List Price
The Landmark Group • MLS 1997206 • Status: Sold
1 / 36
Sold Oct 26, 2022
$475,000
Last List Price
Coldwell Banker Bain • MLS 1969454 • Status: Sold
1 / 31
Sold Oct 24, 2022
$625,000
Last List Price
Redfin • MLS 1989717 • Status: Sold
1 / 20
Sold Oct 14, 2022
$550,000
Last List Price
Realogics Sotheby's Int'l Rlty • MLS 2001688 • Status: Sold
1 / 20
Sold Sep 30, 2022
$535,000
Last List Price
Sea to Sky Realty • MLS 1937121 • Status: Sold
1 / 26
Sold Oct 27, 2020
$473,000
Last List Price
Berkshire Hathaway HS NW • MLS 1659604 • Status: Sold
1 / 15
Sold Oct 20, 2020
$519,950
Last List Price
RE/MAX Northwest • MLS 1662022 • Status: Sold
1 / 25
Sold Sep 21, 2020
$724,950
Last List Price
RADIUS PROPERTIES • MLS 1658089 • Status: Sold
1 / 20
Sold Sep 18, 2020
$550,000
Last List Price
Keller Williams Downtown Sea • MLS 1609914 • Status: Sold
Viewing 37-72 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
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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, 12:27PM. 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.