The story of this market
The typical home in Nantucket, Massachusetts sells for about $3,000,000, or $1,450 per square foot.
Prices are up +12.4% from a year ago, so sellers still have some momentum. Homes take about 148 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $24,000 a month.
Monthly price momentum
Home values since 2015
+2.5%
MA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Nantucket, Massachusetts
The Nantucket market remains defined by extreme luxury demand and constrained inventory, leading to record-breaking median prices. While transaction volume has slowed, the high-end segment continues to drive value appreciation. Buyers should expect a highly competitive environment with limited supply and long closing timelines.
No ARED county foreclosure postings attributed to Nantucket yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 26.5% year over year.
Homes spend a median of 122 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 6.0% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
Includes iconic spots like Surfside and Madaket, which are central to the island's appeal and property value.
A preserved 18th-century district featuring high-end boutiques, galleries, and restaurants that anchor the island's economy.
Extensive protected lands that provide residents with access to unique coastal ecosystems and hiking opportunities.
Nantucket is primarily suited for ultra-high-net-worth individuals, luxury vacation-home buyers, and seasonal investors. It is less accessible for average commuters or first-time buyers due to the extreme cost of entry and the island's isolated, resort-oriented economy.
The Nantucket Public Schools district is the sole provider for the island, generally regarded as providing a high-quality, community-focused education. The district benefits from strong local funding and small class sizes, though it faces challenges related to the high cost of living for staff.
Transportation is limited to ferry services to the mainland and a local airport for regional flights. On-island transit relies on private vehicles, bicycles, and seasonal shuttle services, with no major highway infrastructure.
Nantucket offers world-class recreational amenities, including pristine public beaches, extensive conservation trails, and historic sites. The island is a premier destination for sailing, fishing, and golf, with a vibrant downtown shopping and dining district that serves as the island's social anchor.
The rental market is heavily skewed toward high-end seasonal vacation rentals, creating significant pressure on year-round housing availability. Vacancy rates for long-term rentals are extremely low, and investor activity is primarily focused on the lucrative short-term rental sector.
The economy is anchored by the tourism and hospitality sectors, supported by a high-end real estate market. There is minimal industrial activity, with the local economy heavily dependent on seasonal visitors and the wealth generated by luxury property ownership.
Economic momentum is driven by high-end tourism, seasonal hospitality, and a robust luxury real estate market. Development is strictly regulated by the Nantucket Historic District Commission, which limits large-scale infrastructure projects to preserve the island's architectural character.
Development is strictly controlled by the Nantucket Historic District Commission to maintain the island's aesthetic. Most projects are renovations or high-end custom builds rather than large-scale commercial or residential expansions.
Parcels are subject to the Nantucket Historic District regulations, which impose strict architectural and renovation standards. There are no major MUDs or PIDs, but properties may be subject to local conservation easements.
Nantucket maintains a very low crime rate, significantly lower than the national average and typical for an isolated island community. Reported incidents are primarily minor property-related issues, with violent crime being extremely rare.
The island faces significant long-term risks from coastal erosion and sea-level rise, which impact property insurance availability and premiums. Wind and storm surge exposure are primary concerns for coastal real estate, necessitating robust building standards and flood insurance coverage.
Property insurance is a critical factor due to coastal hazard exposure, with premiums reflecting the high risk of storm damage and erosion. Market health is stable but expensive, requiring specialized coverage for luxury coastal assets.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from data.census.gov; vacancy rates are high due to seasonal housing stock.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.