Zip 02554 (Nantucket, MA) Housing

Housing in 02554 Nantucket, MA is significantly higher than the US median value. According to my context, the median housing value in 02554 Nantucket, MA is $2,562,200 compared to the US median of $338,100. This is an increase of 657% from the national average. Additionally, over the last year house appreciation has been 15.71%, more than double that of the US average of 8.27%. These figures illustrate how Nantucket's real estate market is booming and could be a great investment opportunity for those looking to buy or rent in this area.

The median home cost in Nantucket (zip 02554) is $2,562,200. Home appreciation the last 10 years has been 102.5%. Home Appreciation in Nantucket (zip 02554) is up 23.0%.

Average Age of Homes

- The median age of Nantucket (zip 02554) real estate is 31 years old

The Rental Market in Nantucket (zip 02554)

- Renters make up 13.6% of the Nantucket (zip 02554) population
- 1.0% of houses and apartments in Nantucket (zip 02554), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Nantucket, Massachusetts	United States
	10,796.0	139,647,020.0
	36	42
	$2,562,200	$338,100
	23.0%	16.6%
	68.8%	57.0%
	102.5%	101.1%
	$3.00	$10.98
	$3,206	$2,690
	26.1%	57.4%
	63.2%	11.2%
	10.7%	31.4%
Vacant Housing
	1.0%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	1.2%	0.4%
	59.2%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	2.1%	11.3%
	2.1%	13.0%
	2.0%	20.1%
	1.4%	13.6%
	3.1%	8.3%
	13.1%	9.7%
	20.5%	3.9%
	23.4%	2.2%
	8.9%	0.8%
	22.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.0%	13.6%
	18.0%	13.6%
	16.4%	13.6%
	22.0%	13.2%
	11.5%	14.8%
	16.4%	13.6%
	4.1%	10.0%
	2.1%	4.7%
	16.1%	12.2%

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