Nantucket Real Estate - Market Insights and Reports

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Market Insights

Rely on more than headlines or word-of-mouth commentary by leveraging Fisher Real Estate’s market analytics page, a comprehensive stream of real-time, Nantucket property sales and information.

The Nantucket Real Estate Market

For a relatively small island 30 miles out to sea, the local market is anything but small. In fact, over the last few years, annual sales volume have ranged from $1.3-$2 billion through 300-700 transactions. Single-family home sales range from $400,000 to $42 million+, with the average sale price around $4.9 million. A market as dynamic as Nantucket’s deserves regular, comprehensive analysis, which you’ll find here on our insights page. From charts and graphs to our monthly and annual reports, we cover the market from all sides. Take a look…

Monthly Report

The Nantucket real estate market continued to reflect the impact of constrained inventory through the first half of 2026. Single-family home sales declined as buyers competed for a limited supply of available properties, yet pricing remained resilient, with the median home sale price rising 17 percent and overall dollar volume slipping just three percent despite an 18 percent drop in transactions. Vacant land sales also saw reduced activity, although strong premiums over assessed values reflect continued appreciation in this limited asset class. Looking ahead, a healthy pipeline of purchase contracts, particularly in higher price range, suggests demand remains healthy and the market will see increased high-end sales activity during the second half of the year as the busy summer season unfolds.

Here are Fisher’s June Market Insights…

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Nantucket Real Estate Sales Details

Annual Report

For the five years preceding 2020, Nantucket real estate activity was largely consistent from year to year. Annual transactions averaged around 450 property sales, totaling near $1 billion in dollar volume. This steady pattern was disrupted during the pandemic peak when transactions skyrocketed from 423 sales in 2019 to 732 sales in 2021 and dollar volume surged handily past $2 billion.

Between 2023-2024, transactions cooled to around 300 annual sales, while property values marginally improved upon their sizable gains from 2021-2022, keeping total dollar volume at impressive figures. The 2025 market marked a reacceleration of activity across the island. Every segment of the market, including residential properties, commercial properties and vacant land, experienced double-digit transaction growth. For the first time since 2021, transactions surpassed 400, approaching pre-pandemic norms.

Let’s dive into the data…

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