Nahant, MA—01908
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nahant, MA
As of Oct '25, the median home price in Nahant, MA is $952,000, with a year-over-year change of -0.2%. This indicates that home prices in Nahant, MA are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $952,000 | -0.2% |
| Single Family | $988,000 | -0.2% |
| Condos | $406,000 | 1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $439,000 | 0.9% |
2 Bed | $765,000 | -0.5% |
3 Bed | $944,000 | -0.4% |
4 Bed | $1,134,000 | -0.1% |
| 5 Bed | $1,708,000 | 1.0% |
% of Housing Stock
Rental Trends — Nahant, MA
As of July '25, Rentcast reports the average rent in Nahant, MA is $2,460, with a year-over-year rent change of -24.8%. Per bedroom, the median rent as of July '25 in Nahant, MA is studios: $1,620, 1-bedrooms: $2,180, 3-bedrooms: $3,220. The most common rental property sizes in Nahant, MA are 1-bedroom and 2-bedroom, accounting for 70.1% and 16.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,280 | $2,460 |
| Studio Rent | $1,620 | $1,620 |
| 1 Bed Rent | $2,200 | $2,180 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,800 | $3,220 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Nahant, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Nahant, MA is 108. This is a increase of 45.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,150,000 | -2.0% |
Listing Count | 15 | -7.0% |
| Listings as % of Homes | 0.4% | -7.0% |
Days on Market | 108 | 45.0% |
Demographics — Nahant, MA
As of the latest ACS Survey released in 2023, Nahant, MA has a population of 3,330, which has decreased by -4.8% over the past 5 years. Nahant, MA is a less popular place for families, as children make up 11.7% of the population. The area has a highly educated workforce, with 61.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,330 | -4.8% |
% Under 18 | 11.7% | -10.0% |
% Seniors | 32.4% | 24.6% |
% WFH | 14.9% | 166.1% |
% w/ College Degree | 61.7% | 10.6% |
As of the latest ACS Survey released in 2023, Nahant, MA is a predominantly white area, with 92.0% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Nahant, MA is black, making up 1.8% of the population. Foreign-born residents account for 5.9% of the population in Nahant, MA, and this percentage has decreased by 26.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.0% | -3.4% |
% Black | 1.8% | 80.0% |
% Hispanic | 1.2% | -25.0% |
% Asian | 0.8% | -42.9% |
% Foreign Born | 5.9% | -26.3% |
Mortgage and Risk — Nahant, MA
According to HUD data as of 2023, there were 61 mortgage originations in Nahant, MA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Nahant, MA. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Nahant, MA
Nahant, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $2,200 | $2,180 |
| 2 Bedroom | N/A | N/A | $2,580 |
| 3 Bedroom | $310 | $2,800 | $3,110 |
| 4 Bedroom | N/A | N/A | $3,420 |
Affordability — Nahant, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $952,000 |
| Median Household Income | $111,000 |