Pittsfield, MA—01201
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pittsfield, MA
As of Oct '25, the median home price in Pittsfield, MA is $304,000, with a year-over-year change of 2.6%. This indicates that home prices in Pittsfield, MA are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $304,000 | 2.6% |
| Single Family | $304,000 | 2.0% |
| Condos | $310,000 | 5.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $195,000 | 2.1% |
2 Bed | $259,000 | 2.8% |
3 Bed | $307,000 | 2.7% |
4 Bed | $381,000 | 3.3% |
| 5 Bed | $468,000 | 3.1% |
% of Housing Stock
Rental Trends — Pittsfield, MA
As of July '25, Rentcast reports the average rent in Pittsfield, MA is $1,700, with a year-over-year rent change of -1.2%. Per bedroom, the median rent as of July '25 in Pittsfield, MA is studios: $785, 1-bedrooms: $1,270, 2-bedrooms: $1,670, 3-bedrooms: $2,280. The most common rental property sizes in Pittsfield, MA are 2-bedroom and 1-bedroom, accounting for 38.9% and 34.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,700 |
| Studio Rent | $785 | $785 |
| 1 Bed Rent | $1,300 | $1,270 |
| 2 Bed Rent | $1,500 | $1,670 |
| 3 Bed Rent | $1,900 | $2,280 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pittsfield, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pittsfield, MA is 48. This is a increase of 38.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $370,000 | 8.0% |
Listing Count | 165 | 35.0% |
| Listings as % of Homes | 0.3% | 35.0% |
Days on Market | 48 | 38.0% |
Demographics — Pittsfield, MA
As of the latest ACS Survey released in 2023, Pittsfield, MA has a population of 45,100, which has remained stable by 1.0% over the past 5 years. Pittsfield, MA is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,100 | 1.0% |
% Under 18 | 17.9% | -4.3% |
% Seniors | 20.1% | 4.1% |
% WFH | 8.4% | 211.1% |
% w/ College Degree | 34.1% | 18.0% |
As of the latest ACS Survey released in 2023, Pittsfield, MA is a predominantly white area, with 78.1% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Pittsfield, MA is hispanic, making up 8.7% of the population. Foreign-born residents account for 6.8% of the population in Pittsfield, MA, and this percentage has decreased by 4.2% 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 | 78.1% | -7.4% |
% Black | 5.1% | 6.2% |
% Hispanic | 8.7% | 40.3% |
% Asian | 1.4% | -30.0% |
% Foreign Born | 6.8% | -4.2% |
Mortgage and Risk — Pittsfield, MA
According to HUD data as of 2023, there were 764 mortgage originations in Pittsfield, MA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Pittsfield, MA. Investor activity is low, as 3.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 764 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Pittsfield, MA
Pittsfield, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,805 |
Total Units Section 8 | 1,595 |
% Rentals under Section 8 | 21.4% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $1,300 | $1,280 |
| 2 Bedroom | $130 | $1,500 | $1,630 |
| 3 Bedroom | $190 | $1,900 | $2,090 |
| 4 Bedroom | N/A | N/A | $2,250 |
Affordability — Pittsfield, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $304,000 |
| Median Household Income | $68,900 |