The story of this market
The typical home in ZIP 01908 sells for about $1,220,000, or $557 per square foot.
Prices are up +6.3% from a year ago, so sellers still have some momentum. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,777 a month.
ZIP 01908 — Nahant
The 01908 housing market remains stable with high price points and low inventory, reflecting its status as a desirable, supply-constrained coastal enclave. While price growth has moderated, demand remains consistent among affluent buyers, though the market is sensitive to interest rate fluctuations and coastal insurance costs. No major new developments are currently impacting the local market dynamics.
This ZIP is best suited for affluent families and retirees seeking a quiet, scenic coastal lifestyle, though it is less ideal for those requiring proximity to major transit hubs or high-density urban amenities.
Median prices moved up 6.3% year over year.
Homes spend a median of 69 days on market with 1.6 months of supply — a fast-moving market.
74% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.9% · poverty 8.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 01908, Essex County MA
Nahant is generally considered a safe, low-crime coastal community with crime rates significantly lower than the regional average for Essex County.
Public schools serving Nahant are part of the Nahant Public Schools district, which is highly regarded for its small class sizes and strong community-focused educational environment.
As a coastal peninsula, Nahant faces significant exposure to storm surges, coastal flooding, and wind damage, necessitating robust flood insurance coverage for many properties.
Economic growth in Nahant is limited by its geography as a small, built-out coastal town, with most residents commuting to major employment hubs in Boston and the North Shore.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Commuting from Nahant typically involves driving to Lynn or Swampscott to access MBTA commuter rail services into Boston, as the town has no direct rail access.
The area features extensive coastal access, including Nahant Beach and various public parks, alongside local golf and boating amenities within the immediate vicinity.
The rental market is tight with limited inventory, characterized by high demand for seasonal and long-term coastal living, which keeps vacancy rates low.
The local economy is primarily residential, with residents largely employed in professional services, education, and healthcare sectors in the greater Boston area.
Transportation relies heavily on private vehicles, with limited public transit options within the town itself, necessitating travel to neighboring towns for rail access.
Development is highly constrained by geography and local zoning, with no major large-scale commercial or residential projects currently in the pipeline.
The town's assessment regime is managed by the local assessor's office, which conducts periodic revaluations to ensure property taxes align with market conditions.
The area is served by the Nahant Public Schools district and standard municipal utility districts.
Property insurance premiums are elevated due to the town's high exposure to coastal storm and flood risks.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Boston Tea Party Ships & Museum4.68.2 mi
- F1 Arcade Boston4.58 mi
- Museum of Illusions Boston4.57.9 mi
- Boda Borg Boston4.77.2 mi
- K1 Speed Boston-Wilmington4.214.1 mi
- Fenway Park4.810.3 mi
- TD Garden4.68 mi
- Thomas M. Menino Convention & Exhibition Center4.58.3 mi
- MGM Music Hall at Fenway4.410.2 mi
- Hynes Convention Center4.59.6 mi
- Fenway Park4.810.3 mi
- Boston Common4.78.6 mi
- Museum of Fine Arts, Boston4.810.4 mi
- New England Aquarium4.47.8 mi
- Harvard Square4.610.4 mi
- Museum of Fine Arts, Boston4.810.4 mi
- Boston Public Library4.89.4 mi
- Isabella Stewart Gardner Museum4.710.7 mi
- Museum of Science4.78.4 mi
- Boston Tea Party Ships & Museum4.68.2 mi
- Boston Common4.78.6 mi
- Franklin Park Zoo4.411.8 mi
- Public Garden4.88.8 mi
- Charles River Esplanade4.89.2 mi
- Arnold Arboretum of Harvard University4.812.9 mi
- Constitution Marina4.67.8 mi
- Charlestown Marina4.87.2 mi
- Pickering Wharf Marina4.66.7 mi
- Fan Pier Marina4.77.8 mi
- Boston Yacht Club4.76.5 mi
- William J. Devine Golf Course at Franklin Park4.212 mi
- Five Iron Golf4.98.1 mi
- Fresh Pond Golf Course4.211.9 mi
- Unicorn Golf Course3.810.3 mi
- Sagamore Spring Golf Club410.8 mi
- Encore Boston Harbor4.37.6 mi
- Prudential Center Boston4.59.6 mi
- Quincy Market4.58 mi
- Faneuil Hall Marketplace4.58 mi
- Assembly Row4.58 mi
- Boston Logan International Airport4.16 mi
- Park Shuttle & Fly4.55.1 mi
- The Lounge3.46.1 mi
- DaCoopas Pizza4.16 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A popular public beach offering scenic coastal views and recreational space.
A scenic coastal area known for its natural beauty and walking trails.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).