October 2026 Nantucket Real Estate Market Report
October Sales Reach $280 Million
Nantucket's real estate market continued its strong fall performance in October, recording 51 property transactions totaling approximately $280.3 million, the highest monthly sales volume of 2026.
October surpassed September's already impressive $240.6 million in sales, despite recording the same number of transactions.
Although overall sales activity remained below October 2025, when 65 properties sold for approximately $372 million, the market demonstrated continued strength, particularly among higher-priced homes.
The median residential sale price reached approximately $4.75 million in October, reflecting the significant influence of luxury transactions.
Luxury Market Continues to Lead
Nantucket's luxury market was once again a major contributor to overall sales activity.
The month's largest transaction was 5 Grant Avenue in the Cliff area, which sold for $35 million, making it the island's highest sale of 2026 at the time.
Other notable transactions included:
94 Main Street, Town: $15.25 million
4 Black Walnut Lane, Sconset: $11.995 million
67 Vestal Street, West of Town: $11.25 million
5 Pilgrim Road, Cliff: $10.75 million
In total, five properties sold for more than $10 million, while 21 residential transactions reached or exceeded $5 million.
These sales demonstrate continued demand for exceptional Nantucket properties, particularly in established neighborhoods offering desirable locations, privacy, and distinctive homes.
Inventory Continues to Decline
Available inventory remains one of the most important factors influencing Nantucket's real estate market.
At the end of October, there were approximately 143 active listings, down from 154 at the end of September.
Residential inventory declined from 123 homes to 106, leaving buyers with fewer options heading into the final months of the year.
This reduction in available properties can create favorable conditions for sellers, particularly when homes are appropriately priced and presented.
However, pricing remains important. Buyers continue to evaluate properties carefully, and homes priced above market expectations may require adjustments to attract offers.
Year-to-Date Market Performance
Through October 2026, Nantucket recorded approximately $1.23 billion in total real estate sales across 269 transactions.
Although the number of transactions declined approximately 22% compared with the same period in 2025, the year-to-date median residential sale price increased to approximately $3.8 million, up 15.2%.
The increase in median prices reflects both continued demand for higher-end properties and a reduced number of transactions at the lower end of the market.
These figures reinforce Nantucket's position as a highly desirable coastal real estate market, while also highlighting the importance of understanding individual neighborhoods and property values.
Looking Ahead to the Winter Market
As we approach the end of 2026, Nantucket's real estate market is entering its traditionally quieter winter season.
For buyers, this can present opportunities to explore properties with less competition and potentially greater negotiating flexibility.
For sellers, limited inventory may provide an advantage, especially for well-maintained homes in desirable locations.
We expect pricing, property condition, and location to remain critical factors as buyers and sellers prepare for the 2027 market.
Our Perspective
Nantucket real estate has always been a unique market, influenced by limited land availability, seasonal demand, and the island's enduring appeal.
October's strong sales volume is encouraging, but it is important to recognize that each property and neighborhood has its own market dynamics.
Whether you're considering purchasing a Nantucket home, selling a longtime family property, or simply keeping track of the island's real estate market, having knowledgeable local guidance makes a difference.
We look forward to helping you navigate the opportunities ahead.
Robert & Daryl WestbrookWestbrook Real EstateNantucket, Massachusetts
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