Nantucket, MA Real Estate
According to census data in the year 2000 there were 3,668 housing units in Nantucket.
This represents a 14.9% growth from 3,192 in 1990.
Of those housing units, 3,668 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Nantucket is about 59.4%.
Nantucket's vacancy rate, including seasonal lodging, is about 57.9%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Nantucket were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||10.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.4|
|Median year structure was built||1971|
|Median Value of occupied units||$555,700|
|Median Price asked for vacant units||$700,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.75|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22.8%|