Nantucket, MA County is known for its high housing prices, with the median home value being an astonishing $2,419,900. This is substantially higher than the US median house value of $338,100. While home values in the US have appreciated 8.27% over the last year, Nantucket has seen even bigger gains, recording an 8.56% appreciation rate. This makes it an attractive market for potential homeowners and investors alike who are looking to capitalize on this trend.
The median home cost in Nantucket County is $2,419,900. Home appreciation the last 10 years has been 102.5%. Home Appreciation in Nantucket County is up 23.0%.
Average Age of Homes
- The median age of Nantucket County real estate is 32 years old
The Rental Market in Nantucket County
- Renters make up 12.2% of the Nantucket County population
- 0.8% of houses and apartments in Nantucket County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.