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2024 Compare Cities Housing:
Mercer Island, WA vs Carmel, IN

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Highlights
- The median age of a home in Mercer Island is 47.9% older than the median age of a home in Carmel.

Housing
 Mercer Island, WACarmel, INUnited States
 Median Home Age482542
 Median Home Cost$2,145,300$493,000$338,100
 Home Appr. Last 12 months14.8%18.3%16.6%
 Home Appr. Last 5 yrs.61.9%62.9%57.0%
 Home Appr. Last 10 yrs.167.2%93.9%101.1%
 Property Tax Rate$9.0$9.1$11.0
 Homes Owned62.5%70.9%57.4%
 Housing Vacant7.6%5.8%11.2%
 Homes Rented29.8%23.3%31.4%
 space
 Avg Rent For Home Or Apartment
 Mercer Island, WACarmel, INUnited States
 Average Rent$3,740$1,890$1,840
 Studio Apartment$2,350$1,060$1,080
 1 Bedroom Home or Apartment$2,410$1,230$1,180
 2 Bedroom Home or Apartment$2,820$1,460$1,430
 3 Bedroom Home or Apartment$3,790$1,920$1,860
 4 Bedroom Home or Apartment$4,420$2,290$2,160
 space1
 Vacant Housing
 Mercer Island, WACarmel, INUnited States
 Vacant For Rent2.5%2.2%1.9%
 Vacant Rented0.4%0.1%0.4%
 Vacant For Sale0.3%1.1%0.7%
 Vacant Sold0.5%0.8%0.4%
 Vacant Vacation0.9%0.3%3.6%
 Vacant Other3.1%1.3%4.1%
 space2
 Owner-Occupied Housing Value
 Mercer Island, WACarmel, INUnited States
 Less Than $20,0000.8%0.6%2.6%
 $20,000 to $39,9990.0%0.3%2.4%
 $40,000 to $59,9990.0%0.1%2.8%
 $60,000 to $79,9990.0%0.3%3.9%
 $80,000 to $99,9990.0%0.8%4.5%
 $100,000 to $149,9990.3%2.4%11.3%
 $150,000 to $199,9990.1%6.6%13.0%
 $200,000 to $299,9991.8%20.9%20.1%
 $300,000 to $399,9991.5%25.2%13.6%
 $400,000 to $499,9992.3%19.7%8.3%
 $500,000 to $749,9994.7%14.6%9.7%
 $750,000 to $999,9999.8%5.4%3.9%
 $1,000,000 to $1,499,99928.6%2.4%2.2%
 $1,500,000 to $1,999,99922.0%0.4%0.8%
 $2,000,000 and over28.2%0.6%1.1%
 space3
 Housing Units By Year Built
 Mercer Island, WACarmel, INUnited States
 2015 and Newer0.4%0.5%0.2%
 2010 to 201412.6%21.1%13.6%
 2000 to 200912.6%21.1%13.6%
 1990 to 19998.2%22.9%13.6%
 1980 to 19898.9%12.4%13.2%
 1970 to 197918.4%13.1%14.8%
 1960 to 19698.2%22.9%13.6%
 1950 to 195913.0%3.3%10.0%
 1940 to 19495.3%1.1%4.7%
 1939 or Earlier3.9%1.0%12.2%

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Reviews for Mercer Island    4 Reviews

Mercer Island is a wonderful family community. It feels much more "small town" than a city even though it has a population of 20,000+. People say hello and watch out  More

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Mercer Island is a suburb of Seattle, located on an island in Lake Washington. The best thing about Mercer Island is its strategically central location relative to the  More

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Mercer Island is a suburb of Seattle, located on an island in Lake Washington. The best thing about Mercer Island is its strategically central location relative to the  More

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Reviews for Carmel    26 Reviews

I moved to Carmel from France and I lived there for 20 years. I moved to Indianapolis recently (I miss Carmel). I liked Carmel because it is clean, safe, pretty, it has  More

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This place has just about every corporate chain hotel imaginable. I come for business, and it is a nice place to do business. Carmel seems to sucking the corporate  More

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Over 9 years ago

Carmel is hands down the best place to live in  More

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ZIPS IN MERCER ISLAND, WASHINGTON
98040
ZIPS IN CARMEL, INDIANA
46032 46033 46290

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