Martha’s Vineyard home prices have soared to new heights, with the median sale price hitting nearly $1.7 million in 2025—a 30% jump since 2021. While realtors are celebrating a strong, stable market, year-round residents and first-time buyers are finding it harder than ever to break in. The market is now dominated by second-home buyers, and some locals worry this could change the Island’s character for good. With inventory low and demand high, homes are selling for well above their assessed value. Is this growth sustainable, and who is the Vineyard really for? #RealEstate #MarthasVineyard #HomePrices