Market Overview
Home Prices in Nantucket, MA
The median home value in Nantucket, MA is $3,171,392 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.2% compared to a year ago and down 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Nantucket are priced674% above average.
Over the past five years, Nantucket home values have risen by approximately41.2%, reflecting strong long-term appreciation in this market.
Price History
Nantucket Home Price Trend
2020
$1,976,646
$1.98M
—
2021
$2,245,403
$2.25M
+13.6%
2022
$2,917,436
$2.92M
+29.9%
2023
$2,859,059
$2.86M
-2.0%
2024
$3,056,208
$3.06M
+6.9%
2025
$2,985,311
$2.99M
-2.3%
2026
$3,171,392
$3.17M
+6.2%
City Comparison
Nantucket vs. National Median
🏠 Nantucket
$3,171,392
National Median
$410,000
At $3,171,392, homes in Nantucket cost 674% above the national median of $410,000. Buyers in Nantucket should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Nantucket?
20% Down Payment
$634,278
on $3,171,392
Monthly P&I
$16,540/mo
30-yr @ 6.8%
Total Monthly Est.
~$21,006/mo
incl. taxes & insurance
Income Needed
$840,240
gross annual (30% rule)
10% Down Option
$317,139
+ PMI applies
Loan Amount (20% dn)
$2,537,114
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Nantucket, MA?
The median home value in Nantucket is $3,171,392 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.2% year-over-year.
How much have home prices changed in Nantucket?
Over the past year, home values in Nantucket have increased by 6.2%. Over five years, prices have risen approximately 41.2%.
How much do I need to earn to buy a home in Nantucket?
To comfortably afford the median home price of $3,171,392 with a 20% down payment ($634,278) at today's rates (6.8%), you'd need a gross annual income of approximately $840,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Nantucket compare to the national average home price?
The national median home value is approximately $410,000. At $3,171,392, homes in Nantucket are 674% above the national average.