Search homes for sale in Nantucket, MA, known for its cobblestone streets, high-end dining establishments, luxurious hotels, and charming inns
The Nantucket housing market is moderately competitive. Last month, the median home sale price in Nantucket was $1.84M, reflecting a 54.3% decrease compared to the previous year. Meanwhile, the median price per square foot reached $1.67K, marking a 71.7% increase year-over-year.
Median Sale Price
Median Sale Price per Sqft
Total Homes Sold
Median Days on Market
The Nantucket housing market shows a mix of trends, with the median sale price of homes at $1.84M last month, representing a significant 54.3% decline compared to the previous year. Despite this drop, the median sale price per square foot has surged by 71.7%, reaching $1.67K, suggesting that smaller, high-value properties may be driving the market. Homes are selling for an average of 5.4% below their list price and spending approximately 56 days on the market. With only two homes sold last month, the low transaction volume highlights limited inventory or cautious buyer activity, adding complexity to this dynamic market.
The Nantucket housing market is moderately competitive, with homes typically selling in about 56 days. While the average home sells for approximately 5% below the list price, some properties receive multiple offers. Hot homes stand out by selling closer to the list price and going under contract in as little as 20 days, reflecting strong demand for highly desirable properties.
In December 2024, Nantucket, MA was a buyer's market, indicating that the supply of homes exceeded the demand. This market condition can provide buyers with more options and greater negotiating power when purchasing a property.
Whether you’re looking to explore Nantucket’s luxury homes or want more details about the current market trends, we’re here to help. Our expert team can answer all your questions and guide you through every step of the process. Don’t wait—reach out today to schedule a showing or discuss your real estate goals in Nantucket!
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