PITTSFIELD Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Pittsfield averaged 6.04% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

    The average rate for the prior week (2024-04-04) was 6.08% and one month ago for the week of 2024-03-07, the average rate was 6.14%.

    Pittsfield's average rate one year ago was 5.44%.

    For refis of the same type during the week of 2024-04-11, the average rate was 6.36%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-11 6.88%
    Pittsfield 30 Year Fixed Rate 2024-04-11 6.04%
    Pittsfield 30 Year Fixed Rate Refi 2024-04-11 6.36%
    Pittsfield 15 Year Fixed Rate 2024-04-11 6.16%
    Pittsfield 15 Year Fixed Rate Refi 2024-04-11 6.16%
    Pittsfield 30 Year FHA 2024-04-11 6.83%
    Pittsfield 30 Year FHA Refi 2024-04-11 6.94%
    Pittsfield 30 Year USDA 2024-04-11 6.91%
    Pittsfield 30 Year USDA Refi 2024-04-11 6.91%
    Pittsfield 30 Year VA 2024-04-11 6.47%
    Pittsfield 30 Year VA Refi 2024-04-11 6.77%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within PITTSFIELD, MA.

    PITTSFIELD Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the PITTSFIELD, MA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Adams Community Bank 282 5.51% $2,980
    GREYLOCK 249 5.54% $3,494
    QUICKEN LOANS, LLC 22 7.02% $8,019
    Berkshire Bank 21 6.00% $4,734
    ACADEMY MORTGAGE CORPORATION 19 6.77% $6,627
    MountainOne Bank 15 5.95% $4,281
    NBT Bank 11 5.57% $6,099
    GUARANTEED RATE, INC. 10 7.01% $6,491
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 8 7.06% $5,570
    JPMorgan Chase Bank 7 6.41% $7,528
    LOANDEPOT.COM, LLC 6 6.31% $5,798
    GUILD MORTGAGE COMPANY 6 7.12% $5,709
    Wells Fargo Bank 6 6.44% $4,010
    Mr. Cooper ( Nationstar Mortgage ) 6 6.54% $9,703
    UNITED WHOLESALE MORTGAGE, LLC 5 6.57% $7,469
    NORWICH COMMERCIAL GROUP, INC. 5 7.28% $6,337
    TOTAL MORTGAGE SERVICES, LLC 5 7.23% $6,148
    Bank of America 5 6.33% $5,925
    TrustCo Bank 4 6.65% $3,492
    Citibank 4 5.44% $7,838
    NEWREZ LLC 3 6.83% $7,458
    MOVEMENT MORTGAGE, LLC 3 6.66% $11,456
    PENNYMAC LOAN SERVICES, LLC 3 6.96% $10,894
    Raymond James Bank 3 5.13% $7,354
    Semper Home Loans, Inc. 3 7.21% $9,315
    TD Bank 3 5.58% $4,835
    AMERISAVE MORTGAGE CORPORATION 2 5.69% $15,047
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.94% $5,533
    BROKER SOLUTIONS, INC. 2 6.94% $15,111
    EMM LOANS LLC 2 7.88% $4,655
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.25% $6,303
    Easthampton Savings Bank 2 4.31% $7,314
    Citizens Bank 2 6.13% $6,492
    BNY Mellon 2 6.50% $7,720
    LEADERONE FINANCIAL CORPORATION 2 6.50% $7,128
    GUARANTEED RATE AFFINITY, LLC 2 6.37% $3,487
    NAVY FEDERAL CREDIT UNION 2 5.88% $3,667
    City National Bank 2 7.25% $4,831
    WASHINGTON TRUST MORTGAGE COMPANY LLC 2 6.81% $4,619
    Webster Bank 2 7.06% $5,395
    ARC HOME LLC 2 8.06% $9,502
    PROVINCE MORTGAGE ASSOCIATES, INC. 2 6.50% $5,541
    SALEM FIVE MORTGAGE COMPANY, LLC 2 6.69% $5,378
    Prosperity Home Mortgage, LLC 1 7.38% $4,761
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 6.75% $7,352
    RELIANCE FIRST CAPITAL, LLC 1 7.63% $7,479
    The Cape Cod Five Cents Savings Bank 1 6.75% $4,572
    The Federal Savings Bank 1 6.13% $2,846
    The Huntington National Bank 1 6.00% $5,172
    Truist 1 7.10% $4,610
    UBS Bank USA 1 7.38% $4,785
    United Nations Federal Credit Union 1 5.50% $3,434
    USAA Federal Savings Bank 1 6.25% $4,650
    Westfield Bank 1 6.13% $6,539
    Workers Credit Union 1 6.13% $3,118
    ADVANCIAL 1 8.25% $10,000
    Advisors Mortgage Group, L.L.C. 1 5.75% $6,946
    ALIGN CREDIT UNION 1 7.63% $2,964
    AMERICAN EAGLE FINANCIAL CREDIT UNION 1 5.00% $3,294
    AMERICAN FINANCIAL NETWORK, INC. 1 6.38% $7,000
    Beeline Loans, Inc. 1 7.50% $4,605
    Bethpage Federal Credit Union 1 6.75% $3,788
    BETTER MORTGAGE CORPORATION 1 6.00% $12,674
    Capital Bank 1 6.63% $4,448
    CMG MORTGAGE, INC. 1 7.38% $4,534
    CROSSCOUNTRY MORTGAGE, LLC 1 8.00% $6,581
    DIGITAL Federal Credit Union 1 7.38% $5,477
    Discover Bank 1 7.24% $0
    DRAPER AND KRAMER MORTGAGE CORP. 1 6.25% $8,252
    ENVOY MORTGAGE, LTD 1 7.38% $7,820
    EQUITY RESOURCES, INC. 1 7.63% $3,653
    Evolve Bank & Trust 1 6.13% $3,894
    Farm Credit East, ACA 1 7.75% $7,278
    First Republic Bank 1 4.50% $4,209
    FIRST WORLD MORTGAGE CORPORATION 1 6.63% $6,448
    FM Home Loans, LLC 1 7.38% $15,708
    GENEVA FINANCIAL, LLC 1 5.88% $5,284
    GREATER SPRINGFIELD CREDIT UNION 1 6.88% $3,685
    GuardHill Financial Corp. 1 6.63% $6,995
    HANSCOM 1 6.50% $2,509
    HARBORONE MORTGAGE, LLC 1 5.88% $7,840
    Heritage Bank 1 5.88% $6,205
    HOMESIDE FINANCIAL, LLC 1 7.63% $5,064
    KeyBank 1 8.25% $15,362
    LADERA LENDING, INC. 1 9.00% $8,125
    Leader Bank 1 5.88% $4,125
    MDE Home Loans, LLC 1 7.63% $14,272
    Morgan Stanley Private Bank 1 5.15% $6,299
    MORTGAGE ACCESS CORP. 1 7.63% $10,751
    NATIONS DIRECT MORTGAGE, LLC 1 8.38% $4,142
    Nations Lending Corporation 1 6.88% $28,431
    NATIONS RELIABLE LENDING, LLC 1 6.88% $4,466
    Northpointe Bank 1 6.88% $7,913
    North Shore Bank, a Co-operative Bank 1 6.50% $3,819
    Northwest Community Bank 1 5.13% $4,244
    NP, Inc. 1 8.62% $9,957
    PNC Bank 1 6.13% $6,733

    PITTSFIELD Average Closing Costs & Other Stats

    PITTSFIELD, MA's 97 lenders originated 2,547 loans during 2023. The total origination value was $569,695,000, with an average loan value of $223,673.

    PITTSFIELD's average closing costs are $4,451.

    The top PITTSFIELD lender as defined by loan originations is Adams Community Bank, with 282 loans originated. Their average total fees are $2,980, which is $515 lower than the next largest lender, GREYLOCK.

    The lowest fee PITTSFIELD lenders (with over 10 loans originated) are Adams Community Bank ($2,980), GREYLOCK ($3,494), MountainOne Bank ($4,281), Berkshire Bank ($4,734) and NBT Bank ($6,099).

    The lowest rate PITTSFIELD lenders (with over 10 loans originated) are Adams Community Bank (5.51%), GREYLOCK (5.54%), NBT Bank (5.57%), MountainOne Bank (5.95%) and Berkshire Bank (6.00%).

    PITTSFIELD, MA Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    GREYLOCK $206,485,000 $128,350,000 -37.8% 22.5%
    Adams Community Bank $140,075,000 $118,915,000 -15.1% 20.9%
    Lee Bank $59,400,000 $48,460,000 -18.4% 8.5%
    Berkshire Bank $29,885,000 $24,135,000 -19.2% 4.2%
    ACADEMY MORTGAGE CORPORATION $35,280,000 $23,690,000 -32.9% 4.2%
    The Pittsfield Co-operative Bank $38,535,000 $18,620,000 -51.7% 3.3%
    NBT Bank $23,400,000 $14,715,000 -37.1% 2.6%
    QUICKEN LOANS, LLC $27,050,000 $12,855,000 -52.5% 2.3%
    MountainOne Bank $15,190,000 $12,100,000 -20.3% 2.1%
    Webster Bank $355,000 $10,255,000 2,788.7% 1.8%
    TD Bank $10,330,000 $8,725,000 -15.5% 1.5%
    JONES LANG LASALLE MULTIFAMILY, LLC $8,505,000 n/a 1.5%
    Citizens Bank $12,630,000 $7,380,000 -41.6% 1.3%
    Salisbury Bank and Trust Company $18,555,000 $5,930,000 -68.0% 1.0%
    GUARANTEED RATE, INC. $6,615,000 $5,220,000 -21.1% 0.9%
    Bank of America $16,710,000 $4,985,000 -70.2% 0.9%
    Mortgage Research Center, LLC $4,090,000 $4,020,000 -1.7% 0.7%
    JPMorgan Chase Bank $9,420,000 $3,540,000 -62.4% 0.6%
    MOVEMENT MORTGAGE, LLC $1,780,000 $3,390,000 90.4% 0.6%
    NORWICH COMMERCIAL GROUP, INC. $325,000 $3,150,000 869.2% 0.6%
    Raymond James Bank $3,885,000 $2,935,000 -24.5% 0.5%
    LOANDEPOT.COM, LLC $7,215,000 $2,925,000 -59.5% 0.5%
    UNITED WHOLESALE MORTGAGE, LLC $2,600,000 $2,860,000 10.0% 0.5%
    LENDINGHOME FUNDING CORPORATION $2,455,000 $2,850,000 16.1% 0.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,300,000 $2,820,000 -34.4% 0.5%
    City National Bank $860,000 $2,610,000 203.5% 0.5%
    Wells Fargo Bank $13,690,000 $2,475,000 -81.9% 0.4%
    PENNYMAC LOAN SERVICES, LLC $2,990,000 $2,440,000 -18.4% 0.4%
    PNC Bank $490,000 $2,410,000 391.8% 0.4%
    TOTAL MORTGAGE SERVICES, LLC $7,560,000 $2,275,000 -69.9% 0.4%
    Citibank $5,500,000 $2,180,000 -60.4% 0.4%
    TrustCo Bank $2,630,000 $2,070,000 -21.3% 0.4%
    AMERISAVE MORTGAGE CORPORATION $3,250,000 $2,015,000 -38.0% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $2,970,000 $1,795,000 -39.6% 0.3%
    BNY Mellon $1,965,000 $1,770,000 -9.9% 0.3%
    NEWREZ LLC $1,420,000 $1,740,000 22.5% 0.3%
    Easthampton Savings Bank $1,100,000 $1,710,000 55.5% 0.3%
    GUILD MORTGAGE COMPANY $1,335,000 $1,705,000 27.7% 0.3%
    BROKER SOLUTIONS, INC. $1,145,000 $1,590,000 38.9% 0.3%
    NAVY FEDERAL CREDIT UNION $5,000,000 $1,560,000 -68.8% 0.3%
    LEADERONE FINANCIAL CORPORATION $1,550,000 n/a 0.3%
    PeoplesBank $715,000 $1,490,000 108.4% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,105,000 $1,400,000 26.7% 0.2%
    Semper Home Loans, Inc. $1,210,000 $1,380,000 14.0% 0.2%
    Westfield Bank $2,995,000 $1,380,000 -53.9% 0.2%
    Cambridge Trust Company $1,355,000 n/a 0.2%
    GuardHill Financial Corp. $1,280,000 $1,165,000 -9.0% 0.2%
    A&D Mortgage LLC $185,000 $1,150,000 521.6% 0.2%
    M&T Bank $975,000 $1,135,000 16.4% 0.2%
    The Federal Savings Bank $1,610,000 $1,080,000 -32.9% 0.2%
    KeyBank $1,930,000 $990,000 -48.7% 0.2%
    First Republic Bank $9,725,000 $955,000 -90.2% 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $785,000 $925,000 17.8% 0.2%
    Discover Bank $500,000 $920,000 84.0% 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $1,420,000 $860,000 -39.4% 0.2%
    Rockland Trust Company $13,805,000 $765,000 -94.5% 0.1%
    EMM LOANS LLC $265,000 $730,000 175.5% 0.1%
    Monson Savings Bank $290,000 $730,000 151.7% 0.1%
    FM Home Loans, LLC $725,000 n/a 0.1%
    Salem Five Cents Savings Bank $725,000 n/a 0.1%
    ARC HOME LLC $695,000 n/a 0.1%
    HOMEXPRESS MORTGAGE CORP. $670,000 n/a 0.1%
    SALEM FIVE MORTGAGE COMPANY, LLC $380,000 $660,000 73.7% 0.1%
    PROVIDENT FUNDING ASSOCIATES, L.P. $650,000 n/a 0.1%
    Nations Lending Corporation $640,000 n/a 0.1%
    Morgan Stanley Private Bank $5,775,000 $625,000 -89.2% 0.1%
    DIGITAL Federal Credit Union $595,000 $620,000 4.2% 0.1%
    USAA Federal Savings Bank $785,000 $620,000 -21.0% 0.1%
    Evolve Bank & Trust $430,000 $605,000 40.7% 0.1%
    WASHINGTON TRUST MORTGAGE COMPANY LLC $930,000 $590,000 -36.6% 0.1%
    GFA Federal Credit Union $450,000 $575,000 27.8% 0.1%
    NEXERA HOLDING LLC $555,000 n/a 0.1%
    Leader Bank $825,000 $545,000 -33.9% 0.1%
    UBS Bank USA $1,160,000 $535,000 -53.9% 0.1%
    LONGBRIDGE FINANCIAL, LLC $115,000 $525,000 356.5% 0.1%
    CIBM Bank $520,000 n/a 0.1%
    Community Bank $455,000 n/a 0.1%
    EQUITY RESOURCES, INC. $355,000 $455,000 28.2% 0.1%
    MORTGAGE ACCESS CORP. $455,000 n/a 0.1%
    PHH Mortgage Corporation $350,000 $450,000 28.6% 0.1%
    BETTER MORTGAGE CORPORATION $1,365,000 $445,000 -67.4% 0.1%
    Jeanne D'Arc Credit Union $445,000 n/a 0.1%
    NBKC BANK $680,000 $445,000 -34.6% 0.1%
    FREEDOM MORTGAGE CORPORATION $2,285,000 $440,000 -80.7% 0.1%
    Prosperity Home Mortgage, LLC $440,000 n/a 0.1%
    Citadel Servicing Corporation $435,000 n/a 0.1%
    FIRST WORLD MORTGAGE CORPORATION $165,000 $425,000 157.6% 0.1%
    ARRHA Credit Union $415,000 n/a 0.1%
    Truist $2,075,000 $415,000 -80.0% 0.1%
    UMASSFIVE COLLEGE Federal Credit Union $600,000 $415,000 -30.8% 0.1%
    Farm Credit East, ACA $1,030,000 $405,000 -60.7% 0.1%
    North Shore Bank, a Co-operative Bank $405,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $145,000 $400,000 175.9% 0.1%
    NORTHPOINT MORTGAGE, INC. $305,000 $395,000 29.5% 0.1%
    CMG MORTGAGE, INC. $500,000 $385,000 -23.0% 0.1%
    MidFirst Bank $385,000 n/a 0.1%
    HARBORONE MORTGAGE, LLC $3,835,000 $380,000 -90.1% 0.1%
    PROVINCE MORTGAGE ASSOCIATES, INC. $380,000 n/a 0.1%
    GREENWOOD $160,000 $365,000 128.1% 0.1%
    BAY EQUITY LLC $2,125,000 $360,000 -83.1% 0.1%
    ADVANCIAL $355,000 n/a 0.1%
    MDE Home Loans, LLC $345,000 n/a 0.1%
    NATIONS RELIABLE LENDING, LLC $345,000 n/a 0.1%
    ENVOY MORTGAGE, LTD $300,000 $325,000 8.3% 0.1%
    SIRVA MORTGAGE, INC. $325,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $655,000 $320,000 -51.1% 0.1%
    GUARANTEED RATE AFFINITY, LLC $1,970,000 $310,000 -84.3% 0.1%
    Bethpage Federal Credit Union $305,000 n/a 0.1%
    NP, Inc. $305,000 n/a 0.1%
    DEEPHAVEN MORTGAGE LLC $300,000 n/a 0.1%
    AMERICAN EAGLE FINANCIAL CREDIT UNION $55,000 $295,000 436.4% 0.1%
    Heritage Bank $295,000 n/a 0.1%
    MORTGAGE EQUITY PARTNERS LLC $525,000 $295,000 -43.8% 0.1%
    BMO Harris Bank $285,000 n/a 0.1%
    VILLAGE CAPITAL MORTGAGE $175,000 $285,000 62.9% 0.1%
    DOMINION FINANCIAL SERVICES, LLC $280,000 n/a 0.0%
    MID AMERICA MORTGAGE, INC. $690,000 $275,000 -60.1% 0.0%
    Greenbox Loans, Inc. $265,000 n/a 0.0%
    HANSCOM $300,000 $265,000 -11.7% 0.0%
    Advisors Mortgage Group, L.L.C. $255,000 n/a 0.0%
    Navigant Credit Union $255,000 n/a 0.0%
    Northpointe Bank $360,000 $255,000 -29.2% 0.0%
    Workers Credit Union $320,000 $255,000 -20.3% 0.0%
    RADIUS FINANCIAL GROUP INC. $295,000 $245,000 -16.9% 0.0%
    ALLIED MORTGAGE GROUP, INC. $610,000 $235,000 -61.5% 0.0%
    FIRST MORTGAGE COMPANY, INC. $235,000 $235,000 0.0% 0.0%
    Hometown Equity Mortgage, LLC $360,000 $235,000 -34.7% 0.0%
    VELOCITY COMMERCIAL CAPITAL, LLC $230,000 n/a 0.0%
    AMERICAN FINANCIAL RESOURCES, INC. $235,000 $225,000 -4.3% 0.0%
    AMERITRUST MORTGAGE CORPORATION $225,000 n/a 0.0%
    Republic State Mortgage Co. $1,575,000 $225,000 -85.7% 0.0%
    The Cape Cod Five Cents Savings Bank $435,000 $225,000 -48.3% 0.0%
    TOP FLITE FINANCIAL, INC. $185,000 $225,000 21.6% 0.0%
    DRAPER AND KRAMER MORTGAGE CORP. $235,000 $215,000 -8.5% 0.0%
    Quontic Bank $215,000 n/a 0.0%
    The People's Credit Union $225,000 $210,000 -6.7% 0.0%
    Sharon & Crescent United Credit Union $205,000 n/a 0.0%
    The Huntington National Bank $205,000 n/a 0.0%
    Cambridge Savings Bank $195,000 n/a 0.0%
    Liberty Bank $105,000 $195,000 85.7% 0.0%
    HOMESTEAD FUNDING CORP. $1,315,000 $185,000 -85.9% 0.0%
    LENDSURE MORTGAGE CORP. $115,000 $185,000 60.9% 0.0%
    NATIONWIDE MORTGAGE BANKERS, INC. $135,000 $185,000 37.0% 0.0%
    RELIANCE FIRST CAPITAL, LLC $1,015,000 $185,000 -81.8% 0.0%
    AMERICAN FINANCIAL NETWORK, INC. $175,000 n/a 0.0%
    GREATER SPRINGFIELD CREDIT UNION $165,000 n/a 0.0%
    LENDINGONE, LLC $165,000 n/a 0.0%
    Figure Lending LLC $230,000 $160,000 -30.4% 0.0%
    Capital Bank $155,000 n/a 0.0%
    LADERA LENDING, INC. $155,000 n/a 0.0%
    NATIONS DIRECT MORTGAGE, LLC $155,000 n/a 0.0%
    OCMBC, INC. $155,000 n/a 0.0%
    Third Federal Savings and Loan Association of Cleveland $565,000 $155,000 -72.6% 0.0%
    United Nations Federal Credit Union $145,000 n/a 0.0%
    BAYCOAST MORTGAGE COMPANY, LLC $135,000 n/a 0.0%
    GENEVA FINANCIAL, LLC $135,000 n/a 0.0%
    Beeline Loans, Inc. $125,000 n/a 0.0%
    Northwest Community Bank $125,000 n/a 0.0%
    WINGS FINANCIAL $125,000 n/a 0.0%
    Bank-Fund Staff Federal Credit Union $205,000 $105,000 -48.8% 0.0%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $335,000 $105,000 -68.7% 0.0%
    Logan Finance Corporation $105,000 n/a 0.0%
    SPRING EQ, LLC $105,000 n/a 0.0%
    Greenfield Savings Bank $640,000 $90,000 -85.9% 0.0%
    WESTERLY COMMUNITY $85,000 n/a 0.0%
    ALIGN CREDIT UNION $75,000 n/a 0.0%
    HarborOne Bank $75,000 n/a 0.0%
    LUSO $75,000 n/a 0.0%
    First American Bank $55,000 n/a 0.0%
    Freedom Credit Union $300,000 $55,000 -81.7% 0.0%
    PENTAGON FEDERAL CREDIT UNION $415,000 $45,000 -89.2% 0.0%
    UTILITIES EMPLOYEES CREDIT UNION $185,000 $45,000 -75.7% 0.0%
    HOLYOKE $155,000 $25,000 -83.9% 0.0%

    PITTSFIELD's top lender by overall market share is GREYLOCK, with 22.5% market share. In second place, with 20.9%, is Adams Community Bank, having originated $118,915,000 in loans. In third place, with 8.5%, is Lee Bank, having originated $48,460,000 in loans. In fourth place, with 4.2%, is Berkshire Bank, having originated $24,135,000 in loans. In fifth place, with 4.2%, is ACADEMY MORTGAGE CORPORATION, having originated $23,690,000 in loans.

    PITTSFIELD Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - PITTSFIELD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $352,250 (17.5%) $526,672 (-4.7%) 1.31 854
    2018-02-01 $364,450 (12.1%) $527,727 (-9.0%) 1.32 850
    2018-03-01 $379,250 (13.3%) $554,002 (-6.6%) 1.33 844
    2018-04-01 $389,125 (12.8%) $564,965 (-3.4%) 1.32 884
    2018-05-01 $396,500 (13.5%) $562,723 (-2.1%) 1.32 946
    2018-06-01 $379,000 (8.0%) $551,844 (-3.7%) 1.26 1,037
    2018-07-01 $369,000 (5.4%) $534,923 (-5.4%) 1.23 1,119
    2018-08-01 $366,500 (4.7%) $532,574 (-4.2%) 1.23 1,144
    2018-09-01 $359,000 (2.6%) $528,740 (-4.0%) 1.21 1,138
    2018-10-01 $357,000 (2.0%) $549,234 (0.9%) 1.21 1,128
    2018-11-01 $369,450 (-1.4%) $573,651 (5.2%) 1.25 1,029
    2018-12-01 $374,900 (1.6%) $582,366 (8.7%) 1.29 943
    2019-01-01 $361,000 (2.5%) $588,845 (11.8%) 1.25 827
    2019-02-01 $370,225 (1.6%) $600,562 (13.8%) 1.25 805
    2019-03-01 $374,943 (-1.1%) $606,219 (9.4%) 1.23 809
    2019-04-01 $374,993 (-3.6%) $601,617 (6.5%) 1.19 853
    2019-05-01 $369,000 (-6.9%) $600,885 (6.8%) 1.15 936
    2019-06-01 $369,000 (-2.6%) $579,866 (5.1%) 1.15 1,051
    2019-07-01 $372,175 (0.9%) $576,932 (7.9%) 1.17 1,113
    2019-08-01 $373,364 (1.9%) $578,296 (8.6%) 1.18 1,091
    2019-09-01 $370,909 (3.3%) $575,053 (8.8%) 1.19 1,051
    2019-10-01 $369,000 (3.4%) $574,532 (4.6%) 1.19 1,011
    2019-11-01 $369,250 (-0.1%) $602,672 (5.1%) 1.21 923
    2019-12-01 $383,450 (2.3%) $694,079 (19.2%) 1.28 777
    2020-01-01 $391,500 (8.5%) $713,809 (21.2%) 1.31 668
    2020-02-01 $389,000 (5.1%) $724,616 (20.7%) 1.27 645
    2020-03-01 $399,450 (6.5%) $724,527 (19.5%) 1.25 677
    2020-04-01 $404,113 (7.8%) $737,263 (22.6%) 1.27 671
    2020-05-01 $425,000 (15.2%) $736,884 (22.6%) 1.29 708
    2020-06-01 $449,725 (21.9%) $752,378 (29.8%) 1.32 704
    2020-07-01 $430,000 (15.5%) $763,395 (32.3%) 1.25 653
    2020-08-01 $449,000 (20.3%) $785,575 (35.8%) 1.29 613
    2020-09-01 $454,500 (22.5%) $784,607 (36.4%) 1.30 590
    2020-10-01 $449,000 (21.7%) $839,892 (46.2%) 1.29 545
    2020-11-01 $422,000 (14.3%) $936,397 (55.4%) 1.23 477
    2020-12-01 $409,500 (6.8%) $952,918 (37.3%) 1.22 420
    2021-01-01 $432,500 (10.5%) $1,025,096 (43.6%) 1.29 334
    2021-02-01 $501,875 (29.0%) $948,451 (30.9%) 1.46 271
    2021-03-01 $529,000 (32.4%) $995,601 (37.4%) 1.50 242
    2021-04-01 $525,000 (29.9%) $1,026,983 (39.3%) 1.42 251
    2021-05-01 $499,450 (17.5%) $988,820 (34.2%) 1.33 294
    2021-06-01 $475,000 (5.6%) $951,161 (26.4%) 1.25 360
    2021-07-01 $472,450 (9.9%) $942,275 (23.4%) 1.25 400
    2021-08-01 $487,000 (8.5%) $890,220 (13.3%) 1.30 437
    2021-09-01 $475,000 (4.5%) $905,162 (15.4%) 1.27 447
    2021-10-01 $449,000 (0.0%) $831,550 (-1.0%) 1.20 431
    2021-11-01 $426,175 (1.0%) $822,829 (-12.1%) 1.14 377
    2021-12-01 $422,475 (3.2%) $831,083 (-12.8%) 1.14 302
    2022-01-01 $430,950 (-0.4%) $911,018 (-11.1%) 1.17 242
    2022-02-01 $439,225 (-12.5%) $977,742 (3.1%) 1.14 201
    2022-03-01 $449,900 (-15.0%) $1,011,135 (1.6%) 1.13 195
    2022-04-01 $425,000 (-19.1%) $998,477 (-2.8%) 1.01 199
    2022-05-01 $447,225 (-10.5%) $881,658 (-10.8%) 1.02 244
    2022-06-01 $461,250 (-2.9%) $915,448 (-3.8%) 1.03 281
    2022-07-01 $449,450 (-4.9%) $877,778 (-6.8%) 1.01 350
    2022-08-01 $458,225 (-5.9%) $927,374 (4.2%) 1.06 336
    2022-09-01 $439,500 (-7.5%) $936,813 (3.5%) 1.03 349
    2022-10-01 $449,000 (0.0%) $904,402 (8.8%) 1.06 348
    2022-11-01 $447,000 (4.9%) $930,557 (13.1%) 1.07 300
    2022-12-01 $447,000 (5.8%) $963,607 (16.0%) 1.10 255
    2023-01-01 $470,725 (9.2%) $1,059,000 (16.2%) 1.17 213
    2023-02-01 $476,675 (8.5%) $1,159,235 (18.6%) 1.15 205
    2023-03-01 $509,500 (13.3%) $1,121,234 (10.9%) 1.20 203
    2023-04-01 $485,000 (14.1%) $932,455 (-6.6%) 1.13 249
    2023-05-01 $507,450 (13.5%) $1,022,174 (15.9%) 1.15 269
    2023-06-01 $496,000 (7.5%) $1,004,764 (9.8%) 1.11 308
    2023-07-01 $525,000 (16.8%) $1,036,142 (18.0%) 1.19 337
    2023-08-01 $519,675 (13.4%) $1,011,323 (9.1%) 1.19 365
    2023-09-01 $522,450 (18.9%) $992,913 (6.0%) 1.22 365
    2023-10-01 $522,000 (16.3%) $964,990 (6.7%) 1.23 356
    2023-11-01 $524,975 (17.4%) $952,578 (2.4%) 1.25 355
    2023-12-01 $482,000 (7.8%) $940,243 (-2.4%) 1.18 330
    2024-01-01 $450,000 (-4.4%) $937,190 (-11.5%) 1.10 270
    2024-02-01 $469,975 (-1.4%) $981,238 (-15.4%) 1.13 251
    2024-03-01 $499,000 (-2.1%) $1,030,653 (-8.1%) 1.17 244
    PITTSFIELD's median listing price for 2024-03-01 was $499,000, a difference of $-10,500 (-2.1%) versus the prior year and $29,025 versus the prior month.

    PITTSFIELD's median listing price comes in at 117% of the national average.

    PITTSFIELD's average listing price for 2024-03-01 was $1,030,653, a difference of $-90,581 (-8.1%) versus the prior year and $49,415 versus the prior month.

    For the 2024-03-01 period, PITTSFIELD had 244 MLS listings, a difference of -7 listings (-3%) versus the prior month and 41 listings (20%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - PITTSFIELD (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 128 days 2,036 sqft
    2018-02-01 134 days 2,028 sqft
    2018-03-01 134 days 2,040 sqft
    2018-04-01 119 days 2,060 sqft
    2018-05-01 84 days 2,060 sqft
    2018-06-01 68 days 2,009 sqft
    2018-07-01 66 days 2,000 sqft
    2018-08-01 73 days 2,023 sqft
    2018-09-01 84 days 1,997 sqft
    2018-10-01 93 days 1,973 sqft
    2018-11-01 104 days 2,035 sqft
    2018-12-01 115 days 2,043 sqft
    2019-01-01 119 days 1,990 sqft
    2019-02-01 128 days 2,003 sqft
    2019-03-01 118 days 2,009 sqft
    2019-04-01 97 days 2,004 sqft
    2019-05-01 72 days 2,014 sqft
    2019-06-01 67 days 2,003 sqft
    2019-07-01 72 days 2,001 sqft
    2019-08-01 80 days 2,007 sqft
    2019-09-01 89 days 1,993 sqft
    2019-10-01 97 days 1,979 sqft
    2019-11-01 101 days 2,001 sqft
    2019-12-01 112 days 2,023 sqft
    2020-01-01 122 days 2,021 sqft
    2020-02-01 130 days 2,016 sqft
    2020-03-01 118 days 2,106 sqft
    2020-04-01 107 days 2,127 sqft
    2020-05-01 95 days 2,136 sqft
    2020-06-01 86 days 2,126 sqft
    2020-07-01 59 days 2,088 sqft
    2020-08-01 58 days 2,086 sqft
    2020-09-01 50 days 2,052 sqft
    2020-10-01 57 days 2,086 sqft
    2020-11-01 71 days 2,030 sqft
    2020-12-01 86 days 2,013 sqft
    2021-01-01 98 days 2,050 sqft
    2021-02-01 101 days 2,210 sqft
    2021-03-01 72 days 2,221 sqft
    2021-04-01 38 days 2,183 sqft
    2021-05-01 36 days 2,152 sqft
    2021-06-01 37 days 2,138 sqft
    2021-07-01 41 days 2,148 sqft
    2021-08-01 46 days 2,105 sqft
    2021-09-01 51 days 2,102 sqft
    2021-10-01 61 days 1,992 sqft
    2021-11-01 69 days 1,921 sqft
    2021-12-01 79 days 1,846 sqft
    2022-01-01 103 days 1,854 sqft
    2022-02-01 95 days 1,865 sqft
    2022-03-01 64 days 1,882 sqft
    2022-04-01 40 days 1,842 sqft
    2022-05-01 35 days 1,899 sqft
    2022-06-01 34 days 1,897 sqft
    2022-07-01 38 days 1,844 sqft
    2022-08-01 49 days 1,905 sqft
    2022-09-01 53 days 1,805 sqft
    2022-10-01 61 days 1,843 sqft
    2022-11-01 70 days 1,882 sqft
    2022-12-01 82 days 1,906 sqft
    2023-01-01 98 days 1,908 sqft
    2023-02-01 95 days 1,875 sqft
    2023-03-01 72 days 1,895 sqft
    2023-04-01 44 days 1,932 sqft
    2023-05-01 45 days 2,016 sqft
    2023-06-01 42 days 1,966 sqft
    2023-07-01 46 days 1,997 sqft
    2023-08-01 50 days 1,985 sqft
    2023-09-01 53 days 1,935 sqft
    2023-10-01 68 days 1,927 sqft
    2023-11-01 68 days 1,885 sqft
    2023-12-01 73 days 1,891 sqft
    2024-01-01 87 days 1,849 sqft
    2024-02-01 92 days 1,867 sqft
    2024-03-01 74 days 1,863 sqft
    PITTSFIELD's median listing age (time on market) for 2024-03-01 was 74 days. This is 3% longer than the same period one year ago.

    PITTSFIELD's median square footage for active listings during the 2024-03-01 period was 1,863 sqft. One year prior, the average listing was 1,895 sqft.

    PITTSFIELD, MA Average Rent (2023)

    Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

    For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
    Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
    1201 Pittsfield, MA HUD Metro FMR Area $940 $1,110 $1,410 $1,800 $1,910
    1202 Pittsfield, MA HUD Metro FMR Area $930 $1,100 $1,390 $1,780 $1,880
    1220 Pittsfield, MA HUD Metro FMR Area $800 $940 $1,190 $1,520 $1,610
    1223 Pittsfield, MA HUD Metro FMR Area $1,210 $1,380 $1,810 $2,200 $2,660
    1224 Pittsfield, MA HUD Metro FMR Area $1,220 $1,430 $1,830 $2,310 $2,520
    1225 Pittsfield, MA HUD Metro FMR Area $1,070 $1,260 $1,600 $2,040 $2,160
    1226 Pittsfield, MA HUD Metro FMR Area $940 $1,110 $1,410 $1,800 $1,910
    1227 Pittsfield, MA HUD Metro FMR Area $930 $1,100 $1,390 $1,780 $1,880
    1229 Pittsfield, MA HUD Metro FMR Area $820 $970 $1,230 $1,570 $1,660
    1235 Pittsfield, MA HUD Metro FMR Area $850 $920 $1,210 $1,490 $1,690
    1236 Pittsfield, MA HUD Metro FMR Area $1,140 $1,260 $1,640 $2,030 $2,370
    1237 Pittsfield, MA HUD Metro FMR Area $1,230 $1,440 $1,840 $2,330 $2,540
    1238 Pittsfield, MA HUD Metro FMR Area $1,010 $1,190 $1,510 $1,930 $2,050
    1240 Pittsfield, MA HUD Metro FMR Area $960 $1,140 $1,440 $1,840 $1,950
    1242 Pittsfield, MA HUD Metro FMR Area $990 $1,170 $1,480 $1,890 $2,000
    1254 Pittsfield, MA HUD Metro FMR Area $1,390 $1,640 $2,080 $2,660 $2,810
    1260 Pittsfield, MA HUD Metro FMR Area $1,040 $1,210 $1,560 $1,960 $2,170
    1262 Pittsfield, MA HUD Metro FMR Area $820 $970 $1,230 $1,570 $1,660
    1266 Pittsfield, MA HUD Metro FMR Area $1,430 $1,630 $2,130 $2,630 $3,080
    1270 Pittsfield, MA HUD Metro FMR Area $870 $1,030 $1,310 $1,660 $1,800

    2022 Average & Median Rent Data Statistics
    PITTSFIELD, MA average 1BR rent: $1,200, median: $1,155
    PITTSFIELD, MA average 2BR rent: $1,535, median: $1,460
    PITTSFIELD, MA average 3BR rent: $1,940, median: $1,865

    PITTSFIELD, MA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,332 $391,530,000 $293,941
    Home Improvement 513 $44,615,000 $86,969
    Refi 368 $68,840,000 $187,065
    Other 222 $27,080,000 $121,982
    Cash Out Refi 112 $37,630,000 $335,982

    Pittsfield's most frequently cited loan purpose was Home Purchase, with 1,332 originations. The 2nd most popular reason was Home Improvement, with 513 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 746 $150,690,000 $201,997
    7-8% 514 $85,610,000 $166,556
    5-6% 493 $132,545,000 $268,854
    4-5% 231 $82,225,000 $355,952
    Over 8% 195 $27,105,000 $139,000
    3-4% 65 $13,705,000 $210,846
    <2.5% 46 $2,370,000 $51,522
    2.5-3% 7 $525,000 $75,000

    During 2023, Pittsfield's most frequently originated rate bucket was 6-7%, with 746 originations.

    Loan Sizing (PITTSFIELD, MA MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 809 $217,535,000 $268,894
    $100,000 or less 787 $38,245,000 $48,596
    $100k-200k 656 $98,420,000 $150,030
    $400k-600k 170 $81,430,000 $479,000
    $600k-1000k 93 $67,895,000 $730,054
    $Over $1MM 32 $66,170,000 $2,067,813

    PITTSFIELD's loan sizing saw the bucket of loans from $200k-400k with 809 originations, totaling $217,535,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 651 $184,765,000 $283,817
    Under 20% 532 $26,150,000 $49,154
    60-80% 491 $163,805,000 $333,615
    20-40% 378 $54,100,000 $143,122
    40-60% 233 $62,395,000 $267,790
    Over 100% 7 $2,215,000 $316,429

    PITTSFIELD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 651 originations, totaling $184,765,000 in origination value.