Market Intelligence · MA / Nantucket

Nantucket, MA 02554 Housing Market

The typical home in Nantucket, 02554, is valued at $3,154,719, up 7.3% over the past year. The median list price stands at $5,247,000, with homes spending a median of 72 days on market.

Updated August 2026Median value$3169K

The median home value in Nantucket, MA 02554 is $3.17M as of August 2026, up 8.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 02554 range

$2.92M to $3.42M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+8.8% over 12 months

Typical home value in 02554 over the last 12 months: $2.91M in Aug 2025 to $3.17M in Aug 2026 (+8.8%).

Aug 2025$2.91M

Aug 2026$3.17M

The numbers

What is the 02554 housing market like?

Typical home value

$3.17M

Up8.8%YoY

Median list price

$5.25M

Up1.0%MoM

Days on market

72

Up12.5%MoM

Homes for sale

146

Down1.4%MoM

Price cuts

14.4%

Down4.4%MoM

New listings

32

Down23.8%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 02554 home prices compare?

  • 02554$3,168,633
  • Nantucket$3,168,633
  • Massachusetts$615,457
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Nantucket: 1 ZIPs; Massachusetts: 484 ZIPs; United States: 26,265 ZIPs).

Context

Nantucket's market shows 146 homes for sale as of August 2026, with 32 new listings bringing fresh inventory. The median time on market of 72 days suggests steady, if not brisk, movement. However, 14.4% of listings have already received price cuts, indicating some sellers are adjusting expectations. Despite the year-over-year appreciation, the mix of new supply and price adjustments suggests this is a moment to price realistically if you're considering a sale.

Monthly payment

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20% · $633,727

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