Why Live in Nantucket
Nantucket, Massachusetts, is a popular summer destination located about 30 miles off the coast of Cape Cod. Known for its New England charm, the island welcomes visitors with the Brant Point Lighthouse and offers a variety of things to do. Nantucket's population swells from less than 15,000 year-round residents to around 80,000 during the summer months. The island features miles of coastline ideal for swimming, boating, and fishing, with more than half of the land protected by conservation efforts. Outdoor activities are abundant, including hiking, biking, and golfing at Miacomet Golf Course. Nantucket's homes are predominantly Greek Revival and shingle-style, overseen by the Nantucket Historical Commission to maintain their coastal signatures. Downtown Nantucket is a hub for shopping, dining, and entertainment, with local boutiques, art galleries, and seafood restaurants. The Nantucket Whaling Museum and Dreamland Theatre offer cultural experiences, while annual events like the Daffodil Festival and Christmas Stroll mark the island's seasonal transitions. Nantucket Public Schools and the Nantucket New School serve the educational needs of the community. Transportation includes NRTA bus service, extensive bike paths, ferry lines, and Nantucket Memorial Airport, though dense fog can sometimes cause flight delays. The island has seen a decrease in crime rates between 2020 and 2023, contributing to its appeal as a safe place to live and visit.
Home Trends in Nantucket, MA
On average, homes in Nantucket, MA sell after 135 days on the market compared to the national average of 51 days. The median sale price for homes in Nantucket, MA over the last 12 months is $3,200,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$3,200,000
Median Single Family Sale Price
$4,000,000
Median Townhouse Sale Price
$3,750,000
Median 2 Bedroom Sale Price
$1,395,000
Median 1 Bedroom Sale Price
$1,300,000
Average Price Per Sq Ft
$1,699
Number of Homes for Sale
177
Last 12 months Home Sales
304
Median List Price
$3,995,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
6%