2025 Nantucket Real Estate Mid-Year Update

07/22/2025

We have reached the midpoint of 2025, and Nantucket’s real estate market continues to show strong activity. While a few segments are beginning to show signs of softening, others have gained momentum, reinforcing the market’s overall resilience. This year is on pace to surpass $1 billion in sales volume once again, potentially making 2025 the fifth-highest year on record, a remarkable figure for a small 14-by-3.5-mile island located 30 miles out to sea.

In the first half of 2025, we saw $501,140,185 in total dollar volume, up 10% over the prior year. Meanwhile, we saw 145 transactions, up 36% from the prior year. 2025 is off to a great start; however, we are seeing some shift in market segment activity. Despite being up year over year, the average home sales price currently sits at $3,736,308, down compared to the $4,456,779 we experienced in 2024. The median tells the same story, $2,500,000 compared to $3,385,000 prior.

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