North Tisbury—02575
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Tisbury
As of Oct '25, the median home price in North Tisbury is $1,617,000, with a year-over-year change of -2.4%. This indicates that home prices in North Tisbury are decreasing. According to Zillow, the 1-year price projection is 3.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,617,000 | -2.4% |
| Single Family | $1,618,000 | -2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $1,424,000 | -3.8% |
4 Bed | $1,870,000 | -1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Tisbury
As of July '25, Rentcast reports the average rent in North Tisbury is $7,640, with a year-over-year rent change of 9.6%. Per bedroom, the median rent as of July '25 in North Tisbury is 1-bedrooms: $8,000, 3-bedrooms: $7,900, 4-bedrooms: $3,000. The most common rental property sizes in North Tisbury are 2-bedroom and studio, accounting for 100.0% and 0.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $8,250 | $7,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $8,000 | $8,000 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $8,500 | $7,900 |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — North Tisbury
As of Oct '25, Realtor.com reports that the median days on market for a home in North Tisbury is 92. This is a decrease of -26.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,390,000 | 24.0% |
Listing Count | 24 | -23.0% |
| Listings as % of Homes | 1.2% | -23.0% |
Days on Market | 92 | -26.0% |
Demographics — North Tisbury
As of the latest ACS Survey released in 2023, North Tisbury has a population of 2,420, which has decreased by -10.7% over the past 5 years. North Tisbury is a moderately popular place for families, as children make up 17.3% of the population. The area has a highly educated workforce, with 58.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 34.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,420 | -10.7% |
% Under 18 | 17.3% | 50.4% |
% Seniors | 34.2% | 18.3% |
% WFH | 34.4% | 90.1% |
% w/ College Degree | 58.3% | 4.7% |
As of the latest ACS Survey released in 2023, North Tisbury is a predominantly white area, with 84.6% of the population identifying as white. The white population has shrunk by 10.4% in the last 5 years. The second most common race or ethnicity in North Tisbury is hispanic, making up 1.8% of the population. Foreign-born residents account for 4.7% of the population in North Tisbury, and this percentage has decreased by 40.5% 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 | 84.6% | -10.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.8% | 20.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 4.7% | -40.5% |
Mortgage and Risk — North Tisbury
According to HUD data as of 2023, there were 94 mortgage originations in North Tisbury, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 37.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in North Tisbury. Investor activity is low, as 7.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 94 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 7.0% |
% Second Loans | 44.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — North Tisbury
North Tisbury lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$6,170 | $8,000 | $1,830 |
| 2 Bedroom | N/A | N/A | $2,380 |
| 3 Bedroom | -$5,170 | $8,500 | $3,330 |
| 4 Bedroom | $540 | $3,000 | $3,540 |
Affordability — North Tisbury
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8 |
| Median Home Price | $1,617,000 |
| Median Household Income | $181,000 |