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.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom12.90%
Two Bedrooms27.30%
Three Bedrooms28.70%
Four Bedrooms18.50%
Five Bedrooms or more10.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1971
Median Value of occupied units$555,700
Median Price asked for vacant units$700,000

Rented Homes, Apartments and Condos

Average Household Size1.75
Median year structure was built1973
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.20%
Home Equity Loan5.60%
Simple Mortgage48.10%
Debt Free38.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.8%