North Adams, MA 01247 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

North Adams, MA—01247

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$264,000

3.9% YoY Growth

Household Income

$55,500

32.9% YoY Growth

Days on Market

30.0% Longer YoY

Home Price Forecast

1.5%

Median Rent

$1,800

22.2% YoY Growth

1-Bed Rent

$1,080

0.0% YoY Growth

2-Bed Rent

$1,950

47.9% YoY Growth

3-Bed Rent

$1,800

31.9% YoY Growth

Home Price Trends — North Adams, MA

As of May '26, the median home price in North Adams, MA is $264,000, with a year-over-year change of 3.9%. This indicates that home prices in North Adams, MA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$264,000	3.9%
Single Family	$264,000	3.5%
Condos	$233,000	7.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — North Adams, MA

As of July '25, Rentcast reports the average rent in North Adams, MA is $1,760, with a year-over-year rent change of 22.2%. Per bedroom, the median rent as of July '25 in North Adams, MA is 1-bedrooms: $1,140, 2-bedrooms: $2,130, 3-bedrooms: $1,780. The most common rental property sizes in North Adams, MA are 2-bedroom and 3-bedroom, accounting for 38.3% and 28.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,760
Studio Rent	N/A	N/A
1 Bed Rent	$1,080	$1,140
2 Bed Rent	$1,950	$2,130
3 Bed Rent	$1,800	$1,780
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

4.4%

1 Bedroom

24.0%

2 Bedrooms

38.3%

3 Bedrooms

28.0%

4 Bedrooms

3.9%

5+ Bedrooms

1.4%

Property Listings — North Adams, MA

As of May '26, Realtor.com reports that the median days on market for a home in North Adams, MA is 38. This is a increase of 30.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$315,000	1.0%
Listing Count	47	61.0%
Listings as % of Homes	0.5%	61.0%
Days on Market	38	30.0%

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Demographics — North Adams, MA

As of the latest ACS Survey released in 2023, North Adams, MA has a population of 15,000, which has decreased by -3.9% over the past 5 years. North Adams, MA is a moderately popular place for families, as children make up 16.5% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,000	-3.9%
% Under 18	16.5%	-8.8%
% Seniors	23.1%	16.7%
% WFH	9.0%	246.2%
% w/ College Degree	26.7%	6.0%

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As of the latest ACS Survey released in 2023, North Adams, MA is a predominantly white area, with 88.0% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in North Adams, MA is hispanic, making up 5.5% of the population. Foreign-born residents account for 4.8% of the population in North Adams, MA, and this percentage has increased by 26.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	88.0%	-1.9%
% Black	1.1%	-35.3%
% Hispanic	5.5%	41.0%
% Asian	2.7%	200.0%
% Foreign Born	4.8%	26.3%

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Mortgage and Risk — North Adams, MA

According to HUD data as of 2023, there were 257 mortgage originations in North Adams, MA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in North Adams, MA. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	257
% Conventional Loans	85.0%
% Government Loans	15.0%
% Investor Loans	1.0%
% Second Loans	3.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — North Adams, MA

North Adams, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1,065
Total Units Section 8	756
% Rentals under Section 8	26.2%
% Occupied Section 8	89.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$120	$1,080	$1,200
2 Bedroom	-$380	$1,950	$1,570
3 Bedroom	$100	$1,800	$1,900
4 Bedroom	N/A	N/A	$2,640

North Adams, MA—01247

Key Metrics at a Glance

Home Price Trends — North Adams, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Adams, MA

% of Rental Stock

Property Listings — North Adams, MA

Demographics — North Adams, MA

Race and Ethnicity

Mortgage and Risk — North Adams, MA

Mortgages

Rentals and Section 8 — North Adams, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — North Adams, MA

Home Price to Income Ratio

North Adams, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Adams, MA

Stamford, VT

Hoosac Tunnel Station, MA

Monroe Bridge, MA

Savoy, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.9
Median Home Price	$264,000
Median Household Income	$55,500

North Adams, MA—01247

Key Metrics at a Glance

Home Price Trends — North Adams, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Adams, MA

% of Rental Stock

Property Listings — North Adams, MA

Demographics — North Adams, MA

Race and Ethnicity

Mortgage and Risk — North Adams, MA

Mortgages

Rentals and Section 8 — North Adams, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — North Adams, MA

Home Price to Income Ratio

North Adams, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Adams, MA

Stamford, VT

Hoosac Tunnel Station, MA

Monroe Bridge, MA

Savoy, MA

Frequently Asked Questions

What is the average home price in North Adams, MA 01247?

How have home prices in North Adams, MA 01247 changed over the past year?

What is the home price projection for North Adams, MA 01247?

What are the demographics of North Adams, MA 01247?

How long does it take homes to sell in North Adams, MA 01247?

What is the average rent price in North Adams, MA 01247?