Nantucket County, MA Property Tax Calculator

The effective property tax rate in Nantucket County is 0.25% — calculated as the median annual property tax paid ($3,974) divided by the median home value ($1,593,800), using 2024 US Census ACS 5-year estimates. Your actual bill depends on your purchase price, homestead or senior exemptions, and any special assessments applied in your taxing district.

Massachusetts's combined real estate transfer tax is approximately 0.46% of the purchase price. On the median Nantucket County home value of $1,593,800, this adds roughly $7,268 at closing. Deeds Excise is $4.56/$1,000 (0.456%) statewide, seller-paid. Barnstable County (Cape Cod) is higher: $6.48/$1,000 (0.648%). Nantucket and Martha's Vineyard add a 2% Land Bank Fee, buyer-paid. Some municipalities (e.g., Boston) have enacted or proposed additional transfer fees.

Flood risk is relatively low. Only 2.8% of Nantucket County's land falls within a FEMA Special Flood Hazard Area. Flood insurance is not typically required, though individual properties near waterways may still be in a zone — verify at msc.fema.gov.

Closing costs for a buyer in Nantucket County typically run $31,876–$79,690 (2–5% of purchase price) on a median-priced home, including title insurance ($800–$2,000), appraisal ($400–$700), home inspection ($350–$600), recording fees ($100–$300), and loan origination (0.5–1.0% of the loan amount). Use the calculator above for a specific estimate at your purchase price.