98040 Real Estate Details

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98040 Zip Code Real Estate Statistics

Total Properties
96
Avg. Size in Sq. Ft.
3,861
Avg. Age in Years
0.3
Average Days on Site
105
Minimum Price
$280,000
Maximum Price
$28,000,000
Avg. Price
$4,258,273
Avg. Price per Sq. Ft.
$1,006
Recently Listed in 98040 Zip Code
$6,995,000
Northwest Multiple Listing Service IDX Logo
5bds 6ba5,100sqftActive
7254 N Mercer Way, Mercer Island, WA 98040
MLS #: 2359638
Windermere Real Estate/East
$9,590,000
Northwest Multiple Listing Service IDX Logo
5bds 6ba5,390sqftActive
8260 Avalon Drive, Mercer Island, WA 98040
MLS #: 2390251
Realogics Sotheby's Int'l Rlty
$28,000,000
Northwest Multiple Listing Service IDX Logo
5bds 6ba8,420sqftActive
Mercer Island, WA
MLS #: 2400769
Realogics Sotheby's Int'l Rlty
$1,649,995
Northwest Multiple Listing Service IDX Logo
0.43 acre lot$3,837,198/AcrePending Feasibility
4150 Boulevard Place, Mercer Island, WA 98040
MLS #: 2409845
Real Broker LLC
$1,695,000
Northwest Multiple Listing Service IDX Logo
2bds 2ba1,440sqftPending - Backup Offer Requested
4025 86th Avenue, Mercer Island, WA 98040
MLS #: 2444397
John L. Scott, Inc.
$1,695,000
Northwest Multiple Listing Service IDX Logo
0.31 acre lot$5,467,742/AcrePending - Backup Offer Requested
4025 86th Avenue, Mercer Island, WA 98040
MLS #: 2448167
John L. Scott, Inc.
$6,200,000
Northwest Multiple Listing Service IDX Logo
0.57 acre lot$10,877,193/AcreActive
7220 N Mercer Way, Mercer Island, WA 98040
MLS #: 2449152
Wonderland Real Estate
$6,200,000
Northwest Multiple Listing Service IDX Logo
7bds 9ba8,600sqftActive
7220 North Mercer Way, Mercer Island, WA 98040
MLS #: 2449220
Wonderland Real Estate
$1,650,000
Northwest Multiple Listing Service IDX Logo
3bds 2ba1,986sqftActive
8526 E Mercer Way, Mercer Island, WA 98040
MLS #: 2481211
John L. Scott, Inc.
$379,950
Northwest Multiple Listing Service IDX Logo
2bds 1ba965sqftActive
2500 81st Avenue 118, Mercer Island, WA 98040
MLS #: 2480792
Realogics Sotheby's Int'l Rlty
$24,000,000
Northwest Multiple Listing Service IDX Logo
6bds 7ba10,030sqftActive
8233 W Mercer Way, Mercer Island, WA 98040
MLS #: 2498514
Windermere Real Estate/East
$1,999,000
Northwest Multiple Listing Service IDX Logo
4bds 4ba2,690sqftActive
6418 E Mercer Way, Mercer Island, WA 98040
MLS #: 2513485
John L. Scott, Inc.

Demographic Information

King County

2,262,713

Populations as of 2026

1,307,004

Total Labor Force

$122,148

Median Household Income

$71,062

Per Capita Income

37

Median Age

2

Average Household Size

8.7%

High School Graduate

23.4%

Bachelor Degree Or Higher

Population

2026 Estimate (V2026) 2,262,713

Age Distribution (Years Old)

0 to 4 5.3%
5 to 17 14.4%
18 to 64 66.5%
65 and Older 13.8%

Gender

Male 50.7%
Female 49.3%

Computer and Internet Use

Households with a computer 41%
Households with a broadband Internet subscription 41%

Language

English or Second Language, Age 5+ 28.5%
English is First Language, Age 5+ 66.1%

Veterans

Veterans 85,740

Housing

Total Housing Units 988,330
Households 927,817
Average Household Size 2 people
Owner-Occupied 23%
Multi-Family 3.5%
Owner-Occupied Median Value $811,200
Median selected monthly owner costs - with a mortgage $3,150
Median selected monthly owner costs - without a mortgage $1,065
Median Gross Rent $2,035

Year at Residence

1 Year or More 17%
Less Than 1 Year 83%

Business and Employment

Private non-farm Establishments -
Private non-farm Employment -
Nonemployer Establishments 193,904
Number of Firms -

Business Production

Value of Shipments -
Wholesale Trade -
Retail Trade -
Retail Sales Per Capita -
Accommodation and Food Services -
The American Community Survey (ACS) is an ongoing survey that provides data every year - giving communities the current information they need to plan investments and services. The ACS covers a broad range of topics about social, economic, demographic, and housing characteristics of the U.S. population. Much of the ACS data provided on the Census Bureau's Web site are available separately by age group, race, Hispanic origin, and sex. Summary files, Subject tables, Data profiles, and Comparison Summary read more