Housing Market in Nantucket
Nantucket's housing market is genuinely one of the most extreme in this project's dataset, driven by concentrated vacation-home and short-term-rental demand against a genuinely constrained year-round supply.
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Learn moreExtreme, high-end pricing
Zillow's typical home value ran approximately $2,630,495 as of mid-2026 (down a modest 1.1% year-over-year) -- among the highest of any market in this project's entire dataset.
A real, severe year-round workforce-housing crisis
Even households earning well over $100,000 genuinely struggle to secure stable long-term housing on Nantucket -- overcrowded living conditions, seasonal leases, and precarious employer-provided housing are common, disclosed realities for the island's year-round workforce.
A 58.3% vacancy rate reflects seasonal ownership, not available supply
Nantucket's disclosed vacancy rate is driven predominantly by seasonal/recreational (second-home) ownership, not genuinely available year-round housing stock -- a real, important distinction from what a high vacancy rate would typically signal elsewhere.
Key takeaways
- Nantucket's typical home value (~$2.63 million) sits among the most extreme in this project's dataset.
- A real, severe year-round workforce-housing crisis persists even for households earning well over $100,000.
- Nantucket's 58.3% vacancy rate reflects seasonal/recreational ownership, not available year-round supply.
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