Nantucket, MA Real Estate
According to census data in the year 2000 there were 3,668 housing units in Nantucket.
This represents a 14.9% growth from 3,192 in 1990.
Of those housing units, 3,668 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Nantucket is about 59.4%.
Nantucket's vacancy rate, including seasonal lodging, is about 57.9%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Nantucket were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 12.90% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 28.70% |
| Four Bedrooms | 18.50% |
| Five Bedrooms or more | 10.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $555,700 |
| Median Price asked for vacant units | $700,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.75 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 48.10% |
| Debt Free | 38.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.8% |
