ZIP Code Market Report
02554 — Nantucket, MA
Data through February 2026 · Updated monthly
Avg Home Value
$3,053,910
▲ 5.9% year-over-year
Month-over-Month
+0.7%
▲ 0.7%
Single Family
$3,333,327
Condo / Co-op
$1,233,194
The average home value in the 02554 ZIP code (Nantucket, MASSACHUSETTS) is $3,053,910 as of February 2026. Home prices are rising, up 5.9% compared to last year.
A 3-bedroom home in 02554 is valued at $2,344,586. 1-bedroom units start around $1,391,164. Single-family homes average $3,333,327, while condos average $1,233,194.
The market in 02554 has a $4,384,626 spread between bottom-tier homes at $1,687,927 and top-tier homes at $6,072,553. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Nantucket County market area in MASSACHUSETTS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Nantucket County report.
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Market Snapshot
02554 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $3,022,316 | $3,032,045 | $3,053,910 | ▲ 1.0% |
| Single Family Value | $3,269,420 | $3,301,730 | $3,333,327 | ▲ 2.0% |
Home Values
02554 Home Value Trend
Historical home values for ZIP code 02554. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 02554
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $1,391,164 |
| 2 Bedrooms | $1,733,141 |
| 3 Bedrooms | $2,344,586 |
| 4 Bedrooms | $3,593,854 |
Property Types
Home Values by Property Type in 02554
How different property types compare in this ZIP code.
All Homes
$3,053,910
Single Family
$3,333,327
Condo / Co-op
$1,233,194
Bottom Tier
$1,687,927
Top Tier
$6,072,553
Data Sources and Methodology
Home value data for ZIP code 02554 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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