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Foreclosure Homes in Nantucket, MA 02554

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Nantucket, MA Foreclosures

How much do homes sell for in Nantucket, MA?
The average home price is currently $3,754,339.
In Nantucket, MA, how many homes are available?
There are currently 8 active home listings available in Nantucket.
What’s the average rental cost in Nantucket, MA?
The average rental price in Nantucket is $1,931.
What is the most expensive home in Nantucket?
The most expensive home sold in Nantucket had a price of $52,395,500.
What is currently the cheapest priced home in Nantucket, MA?
The cheapest home for sale in Nantucket is priced at $19,079.

Living in Nantucket, MA

Nantucket, MA is a stunning island offering a unique blend of natural beauty and rich history. With its charming streets, top-notch dining, and vibrant community, it serves as an excellent investment opportunity in a desirable location. The area is perfect for families and retirees alike, promising a relaxed and fulfilling lifestyle.

Current Market Conditions in Nantucket, MA

The real estate market in Nantucket is currently witnessing rising demand, driven by both local buyers and affluent individuals seeking vacation homes. Limited inventory coupled with the island's popularity has led to increased property values, making it a lucrative environment for real estate investors.

Recent trends indicate a shift toward larger homes that provide ample outdoor space, as families seek more self-contained living arrangements. With the growing interest in remote work, investors are recognizing Nantucket as a prime location for luxury rentals, given its appeal as a quieter, scenic retreat from city life.

Home Value Estimator For Nantucket, MA

There are currently 9,986 real estate properties in Nantucket, MA, with a median automated valuation model (AVM) price of $2,854,147.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Nantucket, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Nantucket, MA, is $3,754,339.00, with the most expensive house in Nantucket, MA, topping out at $52,395,500.00 and the cheapest home in Nantucket, MA, clocking in at $19,079.00. In other words, there’s something for every potential homebuyer or savvy investor in Nantucket, MA!

Rent Prices In Nantucket, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Nantucket, MA, is on a rollercoaster ride. The average rent price in Nantucket, MA, is $1,931.00. Indeed, when looking to rent in Nantucket, MA, you can expect to pay as little as $860.00 or as much as $2,700.00, with the average rent median estimated to be $1,940.00. The good news is that finding an affordable and desirable property to rent in Nantucket, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Nantucket, MA 02554 Foreclosures


Market Trend for Nantucket, MA

Total Listings Available: 8

Market Values:

Home Prices from $19,079 to $52,395,500

Average Sales Price: $3,754,339

Rental Values:

Rental from $860 to $2,700

Average Rent Value: $1,931 / month

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