Nantucket, MA Home Values & Market Trends

Real estate market trends reflect that there have been 257 transactions over the past year in Nantucket. The median value for residential home transactions that occurred over the previous year is $2,739,337.69. The number of current listings in Nantucket is 8, and the percentage of properties for sale in the city is 8.00%. Nantucket, MA currently has 7 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 8 properties for sale.

Nantucket, MA Real Estate Market Overview

ZipMedian Est. Value
02554

$ 3,047,175

$ 1,513/sqft

Housing Market Summary for Nantucket, MA

Apr 2023March 2024Change
Median Listing Price$1.7M$2.6M49.27%
Median Sold Price$2.7M$2.6M-3.82%
Homes For Sale6833.33%
Homes Sold1231338.13%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Nantucket, MA

Nantucket home values range from $67,500 to $48,502,601. The median estimated value of a home in Nantucket is $2,739,337.69. The median list price of a home is 2,072,500, and the total count of properties in the city is 7,037.

Foreclosure
There is 1 zips within Nantucket, MA; within this zips, the median estimated home value for homes in foreclosure ranges from $3,262,004 in 02554 to the lowest value of $789,000 in 02554. Foreclosure homes account for 0.00% of properties in Nantucket, MA with 02554 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in Nantucket, MA with 02554 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Nantucket, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $3,262,004 in 02554 to the lowest home value of $789,000 in 02554.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Nantucket, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Nantucket, MA. There is 1 zips within Nantucket, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    02554 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Nantucket, MA. Auction homes and other auction properties account for 0.01% of all properties in Nantucket, MA. There is 1 zips within Nantucket, MA; of that zips, the median estimated home value for homes going to auction ranges from $1,166,768 in 02554 to the lowest value of $1,166,768 in 02554.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Nantucket, MA with 02554 containing 8 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Nantucket, MA; homes for sale in that zips, have a range of median values from $6,504,622 in 02554 to the lowest value of $2,114,711 in 02554.
    Sold Homes
    The median value for recently sold homes ranges from $9,802,497 in 02554 to the lowest price of $408,904 in 02554. There is 1 zips within Nantucket, MA. 02554 has 129 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.83% of properties in Nantucket, MA.

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      Guide for Nantucket, MA

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      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      Knoxville Real Estate Market Report, April 2024
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      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

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      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Recently Listed Homes Nantucket, MA

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