Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 0 |
The median price for land in Mercer Island, Washington is currently $6.3M per acre. For a typical parcel, the median sale price is $1.2M. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $421K while premium lots reached $2.1M.
Land in Mercer Island, Washington typically sells within 42 days of listing. The median time on market is 42 days. Properties are moving quickly in the current strong buyer's market.
Over the past 12 months, Mercer Island, Washington saw 2 properties sold, totaling $2.5M in sales volume.
Land in Mercer Island, Washington averages $6.3M per acre. The median price per acre is $6.3M, which may be more representative of typical transactions. Most parcels sold are around 13,419 sq ft.
There are currently 5 active listings in Mercer Island, Washington. The median asking price is $998K.
The median land price in Mercer Island, Washington stands at $1.2M. This translates to roughly $6.3M per acre for the typical parcel size.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Mercer Island on LandyDandy.
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