Land Market Insights and Pricing in Nantucket County, Massachusetts

Nantucket, Massachusetts, offers a unique island landscape for land buyers, featuring 45 square miles of gently rolling terrain with low ridges in the north and sloping outwash plains in the south. This picturesque county, formed by glaciers during the Wisconsin Glaciation period, boasts sandy coastal areas and loamy inland soils suitable for limited agriculture. With an incredibly low 0.22% property tax rate and a median home value of $1,370,522, Nantucket presents an attractive investment opportunity. The island's economy thrives on tourism and maritime activities, supported by a robust 72.9% labor force participation rate. State Route 1A provides primary access, connecting major hubs like Nantucket Town and Sconset, while the surrounding Nantucket Sound enhances the area's natural beauty and recreational appeal.