Commercial Real Estate Market in Nantucket, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
14 active listings and 1,581 off-market properties in Nantucket, MA. Commercial property asks $648/SF to buy and $90.00/SF/Yr to lease.
Market Trends
Nantucket, MA spans 46.2 square miles in Nantucket County, Massachusetts. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Nantucket, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Nantucket, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Nantucket, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Nantucket, MA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Nantucket, MA has 14,255 residents in 12,449 households. Density runs 309 people per square mile. Median household income here is $125,524 and median gross rent $2,081 a month.
14,255
Population
12,449
Households
1.1
Avg Household Size
41
Median Age
58%
College-Educated
96%
High-School Grad
46.2 sq mi
ZIP Area
309
Density / Sq Mi
$125,524
Median Household Income
$65,168
Median Earnings
$2,081
Median Rent
$1,394,050
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Nantucket?
Commercial property in Nantucket, MA asks an average of $648 per square foot. The 4 most recent recorded sales traded at a median of $2,253/SF.
How much does it cost to lease commercial space in Nantucket?
Asking lease rates in Nantucket, MA average $90.00 per square foot per year.
Where does Realmo's Nantucket market data come from?
Realmo compiles Nantucket, MA figures from 7 recent recorded sales, 11 active sale listings, 3 active lease listings, 1,581 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 3 active for-lease listings in Nantucket, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
