April 2024

02554 Housing Market Report Nantucket, Nantucket County, Massachusetts

Report Updated 5 Days Ago

Housing Prices in 02554, MA

How much do homes in 02554, MA cost?

Median List Price

$2,895,000

$1,302/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$2,802,500(-49.2%)

Key Takeaway

The list price of homes in 02554 has decreased by 49.2% since last year.

Summary: The median home list price in 02554 was $2,895,000 in April 2024, down 49.2% from the previous year, and the median price per square foot was $1,302.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	-	$1.9M	N/A
3 Bedrooms	$1.9M	$2.0M	+2.0%
4 Bedrooms	$3.1M	$2.3M	-26.5%
5+ Bedrooms	$11.9M	$8.9M	-24.7%

Summary: 02554 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 26.5%, and 5+ bedroom homes decreased by 24.7%.

Housing Supply in 02554, MA

How many homes are available in 02554, MA?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
11	15	+36.4%

Summary: The 02554 real estate market had 15 homes for sale in April 2024, a 36.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	0	0	0.0%
3 Bedrooms	1	1	0.0%
4 Bedrooms	5	7	+40.0%
5+ Bedrooms	5	7	+40.0%

Summary: The 02554 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 40%.

Days on Market for 02554, MA

How long does it take to sell a home in 02554, MA?

Average Listing Age

Apr 2023	Apr 2024	CHANGE
244 Days	140 Days	-42.5%

Summary: Homes in 02554 had an average listing age of 140 days in Apr 2024, down by 42.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

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Newest Listings in 02554, MA

What homes are available in 02554, MA?

See More Listings

4 bedrooms, 4 full baths, 1 partial multi for sale

$4,395,000

4 Full, 1 Partial

2,105 SqFt

25 Broadway, Nantucket MA, 02564

George Vasvatekis

Listing Office:

Northeast Advisors, Inc.

#73226886

$1,356,000

Land

12A Greglen Ave, Nantucket MA, 02554

Joanna Dresser

Listing Office:

LandVest, Inc.

#73223558

$2,175,000

$10,000 Closing Credit

3,229 SqFt

3 Indigo Dr, Nantucket MA, 02554

Janice Dumont

Listing Office:

JD Advisors, Inc

#73223503

6 bedrooms, 6 full baths, 3 partial house for sale

$15,250,000

6 Full, 3 Partial

8,552 SqFt

14 Nonantum Ave, Nantucket MA, 02554

Michael Passaro

Listing Office:

Douglas Elliman Real Estate - Park Plaza

#73221167

$4,950,000

3,364 SqFt

18 Meadow Ln, Nantucket MA, 02554

Marybeth Gilmartin

Listing Office:

Compass

#73218345

6 bedrooms, 4 full baths, 3 partial house for sale

$5,995,000

4 Full, 3 Partial

4,087 SqFt

10 York, Nantucket MA, 02554

Karen Moreshead

Listing Office:

Craigville Realty, Inc.

#73215214

5 bedrooms, 5 full baths, 2 partial house for sale

$3,600,000

5 Full, 2 Partial

4,069 SqFt

15 Fawn Ln, Nantucket MA, 02554

Kevin Caulfield

Listing Office:

Compass

#73212576

$5,500,000

1,248 SqFt

70 Surfside Rd, Nantucket MA, 02554

Dino Fantasia

Listing Office:

New England Home Finders

#73203579

$5,500,000

1,456 SqFt

10 Pine Grove Ln, Nantucket MA, 02554

Dino Fantasia

Listing Office:

New England Home Finders

#73203577

$2,095,000

Land

0.46 Acres

32 Cannonbury Ln, Nantucket MA, 02564

Carl Lindvall

Listing Office:

Douglas Elliman Real Estate - Park Plaza

#73199015

8 bedrooms, 7 full baths, 2 partial house for sale

$14,750,000

7 Full, 2 Partial

6,444 SqFt

39 Orange St, Nantucket MA, 02554

Marybeth Gilmartin

Listing Office:

Compass

#73162997

4 bedrooms, 4 full baths, 1 partial house for sale

$3,895,000

4 Full, 1 Partial

3,458 SqFt

6 Fawn Ln, Nantucket MA, 02554

Kevin Caulfield

Listing Office:

Compass

#73160163

Nearby Markets to 02554, MA

MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc. for the period 05/01/2022 - 05/01/2024

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/6/2024, 8:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.