The story of this market
The typical home in ZIP 02554 sells for about $5,495,000, or $2,250 per square foot.
Prices are up +26.47% from a year ago, so sellers still have some momentum. Homes take about 122 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,224 a month.
ZIP 02554 — Nantucket
The 02554 housing market is defined by extreme luxury price points and significant year-over-year appreciation. High demand for premium coastal property continues to drive prices upward despite a slower pace of sales compared to the national average.
This ZIP is primarily suited for high-net-worth individuals, luxury second-home buyers, and investors seeking premium coastal real estate.
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 4.4% · poverty 2.6% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 02554, Nantucket County MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The mean commute time for residents is approximately 15.9 minutes.
The area features extensive coastal access, beaches, and historic sites characteristic of Nantucket Island.
The rental market is characterized by premium demand with a median asking rent of $24,000 per month.
The local economy is heavily driven by tourism, seasonal hospitality, and high-end real estate services.
Data sourced from SimpleMaps US Zips Comprehensive Database, February 2026.
Extensive public coastal access and beaches surrounding the island.
Deterministic aggregate of 4 researched properties in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.