PITTSFIELD Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Pittsfield averaged 6.44% for the week of 2022-12-01, compared to the national average of 6.49% for the same period.

The average rate for the prior week (2022-11-23) was 6.63% and one month ago for the week of 2022-10-27, the average rate was 7.33%.

Pittsfield's average rate one year ago was 3.2%.

For refis of the same type during the week of 2022-12-01, the average rate was 6.9%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-12-01 6.49%
Pittsfield 30 Year Fixed Rate 2022-12-01 6.44%
Pittsfield 30 Year Fixed Rate Refi 2022-12-01 6.9%
Pittsfield 15 Year Fixed Rate 2022-12-01 6.26%
Pittsfield 15 Year Fixed Rate Refi 2022-12-01 5.94%
Pittsfield 30 Year FHA 2022-12-01 6.7%
Pittsfield 30 Year FHA Refi 2022-12-01 6.53%
Pittsfield 30 Year USDA 2022-12-01 6.95%
Pittsfield 30 Year USDA Refi 2022-12-01 6.57%
Pittsfield 30 Year VA 2022-12-01 6.6%
Pittsfield 30 Year VA Refi 2022-12-01 6.35%
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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
Adams Community Bank 366 3.25% $2,972
GREYLOCK 351 3.14% $2,967
QUICKEN LOANS, LLC 139 3.10% $5,639
ACADEMY MORTGAGE CORPORATION 79 3.37% $4,129
Berkshire Bank 65 3.09% $3,622
Wells Fargo Bank 52 2.85% $4,953
MountainOne Bank 43 3.11% $3,930
JPMorgan Chase Bank 38 2.89% $4,429
TOTAL MORTGAGE SERVICES, LLC 35 3.33% $6,115
LOANDEPOT.COM, LLC 34 3.00% $4,478
TD Bank 33 2.82% $3,573
AMERISAVE MORTGAGE CORPORATION 28 2.66% $6,144
Citizens Bank 23 3.07% $5,233
GUARANTEED RATE, INC. 22 3.09% $4,649
BAY EQUITY LLC 20 3.27% $4,463
TrustCo Bank 18 3.02% $1,749
Republic State Mortgage Co. 17 3.21% $5,028
Citibank 17 2.76% $6,015
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 2.98% $4,186
UNION HOME MORTGAGE CORP. 15 2.87% $4,063
UNITED WHOLESALE MORTGAGE, LLC 13 2.90% $4,873
CROSSCOUNTRY MORTGAGE, LLC 12 2.99% $4,841
Morgan Stanley Private Bank 12 2.98% $5,490
Leader Bank 11 2.75% $3,874
Bank of America 10 2.54% $5,551
KeyBank 9 3.24% $3,696
U.S. Bank 8 2.94% $5,713
HOME POINT FINANCIAL CORPORATION 8 2.87% $4,004
SOFI LENDING CORP. 8 3.13% $3,368
First Republic Bank 7 2.61% $5,520
MUTUAL OF OMAHA MORTGAGE, INC. 7 3.32% $4,453
PNC Bank 6 2.67% $5,924
Charles Schwab Bank, SSB 6 2.21% $5,282
HOMESTEAD FUNDING CORP. 6 3.15% $3,940
ZILLOW HOME LOANS, LLC 6 3.00% $4,247
Triumph Bank 6 2.71% $5,029
NEWREZ LLC 6 3.08% $3,346
Evolve Bank & Trust 6 3.12% $3,465
BROKER SOLUTIONS, INC. 5 2.93% $4,977
PENNYMAC LOAN SERVICES, LLC 5 3.07% $6,594
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 5 3.08% $3,353
Stifel Bank and Trust 5 2.75% $2,921
SUCCESS MORTGAGE PARTNERS, INC. 5 3.20% $4,963
City National Bank 5 2.70% $6,159
GUARANTEED RATE AFFINITY, LLC 5 3.00% $5,302
Watermark Capital, Inc. 5 2.65% $4,581
Flagstar Bank, FSB 5 3.12% $4,616
NBT Bank 4 2.91% $3,158
Amalgamated Bank 4 3.09% $4,759
Cambridge Trust Company 4 2.66% $3,682
EMM LOANS LLC 4 3.31% $6,734
ENVOY MORTGAGE, LTD 4 3.13% $3,482
LADERA LENDING, INC. 4 3.09% $5,943
Mortgage Network, Inc. 4 2.94% $3,743
RADIUS FINANCIAL GROUP INC. 4 3.28% $3,374
RESIDENTIAL MORTGAGE SERVICES, INC. 4 3.13% $4,097
Webster Bank 4 2.94% $4,539
Nations Lending Corporation 3 2.96% $4,837
UBS Bank USA 3 2.50% $5,982
Santander Bank, N.A. 3 2.87% $3,311
LAKEVIEW LOAN SERVICING, LLC 3 3.38% $2,258
GuardHill Financial Corp. 3 3.13% $5,161
HARBORONE MORTGAGE, LLC 3 3.04% $3,504
RELIANCE FIRST CAPITAL, LLC 3 3.50% $8,267
MSA MORTGAGE, LLC 3 3.21% $2,920
AMERICAN FINANCIAL NETWORK, INC. 3 3.00% $9,021
Mr. Cooper ( Nationstar Mortgage ) 3 3.08% $3,368
MOVEMENT MORTGAGE, LLC 3 3.04% $4,923
First Guaranty Mortgage Corporation 3 4.21% $6,535
HOMESIDE FINANCIAL, LLC 3 3.25% $6,377
Raymond James Bank 3 2.75% $4,509
NORTHPOINT MORTGAGE, INC. 3 3.00% $3,577
NBKC BANK 3 3.00% $2,831
NAVY FEDERAL CREDIT UNION 3 3.08% $4,595
FREEDOM MORTGAGE CORPORATION 2 3.06% $3,054
Greenfield Savings Bank 2 3.06% $5,636
FINANCE OF AMERICA MORTGAGE LLC 2 3.19% $4,228
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 3.38% $5,138
EVERETT FINANCIAL, INC. 2 3.50% $3,663
Eastern Bank 2 3.00% $4,717
ALLIED MORTGAGE GROUP, INC. 2 3.06% $4,042
DRAPER AND KRAMER MORTGAGE CORP. 2 3.19% $3,879
LENDERFI, INC. 2 2.75% $2,716
LENOX FINANCIAL MORTGAGE CORPORATION 2 3.56% $5,549
DIGITAL Federal Credit Union 2 2.94% $4,307
METRO 2 2.94% $3,589
Westfield Bank 2 3.13% $1,609
M&T Bank 2 3.13% $3,919
NJ LENDERS CORP. 2 2.81% $2,908
Northwest Community Bank 2 2.81% $3,415
PENTAGON FEDERAL CREDIT UNION 2 2.75% $2,380
People's United Bank 2 2.88% $5,246
POLISH NATIONAL 2 3.50% $2,678
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 2.81% $5,044
PROVIDENT FUNDING ASSOCIATES, L.P. 2 2.94% $2,810
CALIBER HOME LOANS, INC. 2 3.35% $6,051
Shamrock Home Loans, Inc. 2 2.75% $3,254
Sierra Pacific Mortgage Company, Inc. 2 3.13% $9,102
The Federal Savings Bank 2 3.31% $6,012
AMERICAN FINANCING CORPORATION 2 2.81% $2,909
USAlliance Federal Credit Union 2 2.88% $6,119
Valley National Bank 2 3.00% $7,274
AMERICAN FEDERAL MORTGAGE CORPORATION 2 2.88% $2,882
First Savings Bank 2 3.19% $6,538
First Federal Bank 2 2.88% $2,560
North American Savings Bank, F.S.B. 1 2.88% $2,157
Northern Bank & Trust Company 1 2.88% $2,469
NORTHERN MORTGAGE SERVICES, LLC 1 3.00% $4,079
EMBRACE HOME LOANS, INC. 1 3.38% $2,805
Arvest Bank 1 3.13% $2,670
Paramount Residential Mortgage Group, Inc. 1 3.63% $4,269
Patriot Community Bank 1 2.50% $0
CANOPY MORTGAGE, LLC 1 2.63% $2,204
Fall River Five Cents Savings Bank 1 3.13% $3,557
AMERICAN INTERNET MORTGAGE, INC. 1 2.75% $3,329
Cambridge Savings Bank 1 2.63% $3,020
United Nations Federal Credit Union 1 2.75% $5,439
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 2.88% $5,002
ALLIANT CREDIT UNION 1 2.38% $7,193
Prosperity Home Mortgage, LLC 1 2.88% $5,230
USAA Federal Savings Bank 1 2.75% $5,876
Goldman Sachs Bank USA 1 2.75% $4,714
Quontic Bank 1 5.75% $9,714
WILLIAM RAVEIS MORTGAGE, LLC 1 3.75% $2,950
HOMESPIRE MORTGAGE CORPORATION 1 2.88% $6,188
HARVARD UNIVERSITY EMPLOYEES 1 3.13% $2,216
Brookline Bank 1 3.13% $2,411
Workers Credit Union 1 3.13% $5,850
SALEM FIVE MORTGAGE COMPANY, LLC 1 2.99% $6,633
GUARANTY HOME MORTGAGE CORPORATION 1 2.75% $3,590
FirstBank 1 2.75% $4,649
Freedom Credit Union 1 3.00% $3,913
Silicon Valley Bank 1 2.88% $11,035
Boston Private Bank & Trust Company 1 2.75% $3,498
Bethpage Federal Credit Union 1 3.50% $9,793
St. Mary's Credit Union 1 3.13% $2,977
BELLWETHER COMMUNITY 1 2.88% $4,199
Bank of England 1 3.75% $3,396
The Camden National Bank 1 3.25% $4,100
First United Bank and Trust Company 1 2.88% $3,485
The Northern Trust Company 1 4.13% $3,950
MILEND, INC. 1 3.13% $5,597
Country Bank for Savings 1 3.00% $3,012
TIAA, FSB 1 2.99% $6,001
Mortgage Research Center, LLC 1 2.88% $465
Cornerstone Bank 1 2.88% $3,361
MEMBERS MORTGAGE COMPANY, INC. 1 2.63% $3,344
LOANLEADERS OF AMERICA, INC. 1 2.88% $2,665
Liberty Bank 1 3.38% $3,653
Axos Bank 1 3.49% $1,747
CMG MORTGAGE, INC. 1 3.13% $4,642
KELLER MORTGAGE, LLC 1 3.25% $3,734
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.88% $11,261
Easthampton Savings Bank 1 2.88% $4,053
INLAND BANK & TRUST 1 3.13% $3,212
CHURCHILL MORTGAGE CORPORATION 1 3.25% $5,994
NEW FED MORTGAGE, CORP. 1 2.99% $3,258
Cf Bank 1 2.99% $1,940
NFM, INC. 1 3.13% $5,514
Atlantic Home Loans, Inc. 1 3.25% $4,647

PITTSFIELD Average Closing Costs & Other Stats

PITTSFIELD, MA's 160 lenders originated 4,494 loans during 2021. The total origination value was $1,125,630,000, with an average loan value of $250,474.

PITTSFIELD's average closing costs are $4,168.

The top PITTSFIELD lender as defined by loan originations is Adams Community Bank, with 366 loans originated. Their average total fees are $2,972, which is $5 higher than the next largest lender, GREYLOCK.

The lowest fee PITTSFIELD lenders (with over 10 loans originated) are TrustCo Bank ($1,749), GREYLOCK ($2,967), Adams Community Bank ($2,972), TD Bank ($3,573) and Berkshire Bank ($3,622).

The lowest rate PITTSFIELD lenders (with over 10 loans originated) are Bank of America (2.54%), AMERISAVE MORTGAGE CORPORATION (2.66%), Leader Bank (2.75%), Citibank (2.76%) and TD Bank (2.82%).

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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
Adams Community Bank $155,875,000 $167,670,000 7.6% 14.9%
GREYLOCK $164,655,000 $128,540,000 -21.9% 11.4%
Lee Bank $102,410,000 $82,780,000 -19.2% 7.4%
QUICKEN LOANS, LLC $54,105,000 $64,065,000 18.4% 5.7%
ACADEMY MORTGAGE CORPORATION $38,330,000 $60,415,000 57.6% 5.4%
The Pittsfield Co-operative Bank $33,220,000 $41,115,000 23.8% 3.7%
Berkshire Bank $40,495,000 $40,290,000 -0.5% 3.6%
Wells Fargo Bank $18,510,000 $32,930,000 77.9% 2.9%
Salisbury Bank and Trust Company $29,180,000 $29,745,000 1.9% 2.6%
JPMorgan Chase Bank $22,345,000 $22,710,000 1.6% 2.0%
MountainOne Bank $20,950,000 $19,680,000 -6.1% 1.7%
LOANDEPOT.COM, LLC $9,095,000 $17,830,000 96.0% 1.6%
FREEDOM MORTGAGE CORPORATION $20,235,000 $16,545,000 -18.2% 1.5%
Citizens Bank $15,210,000 $15,560,000 2.3% 1.4%
TD Bank $16,535,000 $15,435,000 -6.7% 1.4%
NBT Bank $12,460,000 $14,390,000 15.5% 1.3%
TOTAL MORTGAGE SERVICES, LLC $12,825,000 $13,945,000 8.7% 1.2%
Citibank $16,665,000 $12,590,000 -24.5% 1.1%
Bank of America $11,925,000 $11,470,000 -3.8% 1.0%
AMERISAVE MORTGAGE CORPORATION $2,805,000 $10,550,000 276.1% 0.9%
TrustCo Bank $10,790,000 $9,935,000 -7.9% 0.9%
GUARANTEED RATE, INC. $7,340,000 $9,525,000 29.8% 0.8%
Morgan Stanley Private Bank $5,965,000 $9,435,000 58.2% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,110,000 $8,585,000 5.9% 0.8%
First Republic Bank $7,515,000 $8,505,000 13.2% 0.8%
PENNYMAC LOAN SERVICES, LLC $2,255,000 $7,975,000 253.7% 0.7%
BAY EQUITY LLC $5,360,000 $7,475,000 39.5% 0.7%
NEWREZ LLC $3,725,000 $6,875,000 84.6% 0.6%
Republic State Mortgage Co. $5,015,000 $6,705,000 33.7% 0.6%
PeoplesBank $195,000 $6,690,000 3,330.8% 0.6%
U.S. Bank $3,750,000 $6,385,000 70.3% 0.6%
UNION HOME MORTGAGE CORP. $5,540,000 $6,130,000 10.6% 0.5%
UNITED WHOLESALE MORTGAGE, LLC $3,490,000 $5,975,000 71.2% 0.5%
PNC Bank $555,000 $5,945,000 971.2% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $2,080,000 $5,840,000 180.8% 0.5%
Leader Bank $4,035,000 $5,550,000 37.5% 0.5%
Mortgage Research Center, LLC $4,940,000 $5,430,000 9.9% 0.5%
HOME POINT FINANCIAL CORPORATION $2,730,000 $5,425,000 98.7% 0.5%
City National Bank $2,960,000 $5,230,000 76.7% 0.5%
Charles Schwab Bank, SSB $2,290,000 $4,765,000 108.1% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $3,660,000 $4,140,000 13.1% 0.4%
SOFI LENDING CORP. $1,225,000 $4,120,000 236.3% 0.4%
NAVY FEDERAL CREDIT UNION $2,180,000 $4,095,000 87.8% 0.4%
KeyBank $1,240,000 $3,835,000 209.3% 0.3%
GUARANTEED RATE AFFINITY, LLC $1,215,000 $3,290,000 170.8% 0.3%
Cambridge Trust Company $3,240,000 n/a 0.3%
Raymond James Bank $2,915,000 n/a 0.3%
UBS Bank USA $3,595,000 $2,895,000 -19.5% 0.3%
HOMESTEAD FUNDING CORP. $2,420,000 $2,760,000 14.0% 0.2%
LAKEVIEW LOAN SERVICING, LLC $1,925,000 $2,620,000 36.1% 0.2%
People's United Bank $505,000 $2,605,000 415.8% 0.2%
Mortgage Network, Inc. $5,460,000 $2,595,000 -52.5% 0.2%
First Guaranty Mortgage Corporation $1,095,000 $2,445,000 123.3% 0.2%
Westfield Bank $1,170,000 $2,355,000 101.3% 0.2%
USAlliance Federal Credit Union $205,000 $2,330,000 1,036.6% 0.2%
The Federal Savings Bank $1,205,000 $2,310,000 91.7% 0.2%
CALIBER HOME LOANS, INC. $2,120,000 $2,255,000 6.4% 0.2%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,175,000 $2,240,000 3.0% 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $545,000 $2,230,000 309.2% 0.2%
USAA Federal Savings Bank $5,850,000 $2,220,000 -62.1% 0.2%
Amalgamated Bank $665,000 $2,170,000 226.3% 0.2%
Flagstar Bank, FSB $1,280,000 $2,160,000 68.8% 0.2%
Stifel Bank and Trust $1,385,000 $2,105,000 52.0% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $1,230,000 $2,085,000 69.5% 0.2%
GFA Federal Credit Union $615,000 $2,070,000 236.6% 0.2%
ZILLOW HOME LOANS, LLC $1,100,000 $2,005,000 82.3% 0.2%
Triumph Bank $365,000 $1,850,000 406.8% 0.2%
Evolve Bank & Trust $1,570,000 $1,795,000 14.3% 0.2%
Santander Bank, N.A. $105,000 $1,770,000 1,585.7% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,060,000 $1,710,000 -17.0% 0.2%
RESIDENTIAL MORTGAGE SERVICES, INC. $1,995,000 $1,695,000 -15.0% 0.2%
MOVEMENT MORTGAGE, LLC $1,265,000 $1,605,000 26.9% 0.1%
Silicon Valley Bank $1,605,000 n/a 0.1%
ENVOY MORTGAGE, LTD $305,000 $1,565,000 413.1% 0.1%
Webster Bank $1,240,000 $1,555,000 25.4% 0.1%
BROKER SOLUTIONS, INC. $2,580,000 $1,495,000 -42.1% 0.1%
North American Savings Bank, F.S.B. $680,000 $1,495,000 119.9% 0.1%
EMBRACE HOME LOANS, INC. $740,000 $1,445,000 95.3% 0.1%
Quontic Bank $1,435,000 n/a 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $520,000 $1,400,000 169.2% 0.1%
POLISH NATIONAL $390,000 $1,395,000 257.7% 0.1%
HARBORONE MORTGAGE, LLC $4,480,000 $1,380,000 -69.2% 0.1%
Greenfield Savings Bank $440,000 $1,360,000 209.1% 0.1%
GuardHill Financial Corp. $1,355,000 $1,310,000 -3.3% 0.1%
LADERA LENDING, INC. $1,310,000 n/a 0.1%
PENTAGON FEDERAL CREDIT UNION $1,735,000 $1,295,000 -25.4% 0.1%
Valley National Bank $1,290,000 n/a 0.1%
Watermark Capital, Inc. $870,000 $1,290,000 48.3% 0.1%
HOMESPIRE MORTGAGE CORPORATION $1,240,000 $1,260,000 1.6% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $400,000 $1,245,000 211.3% 0.1%
The Northern Trust Company $505,000 $1,215,000 140.6% 0.1%
EMM LOANS LLC $685,000 $1,175,000 71.5% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,470,000 $1,165,000 -20.7% 0.1%
NORTHPOINT MORTGAGE, INC. $350,000 $1,125,000 221.4% 0.1%
RADIUS FINANCIAL GROUP INC. $885,000 $1,115,000 26.0% 0.1%
SALEM FIVE MORTGAGE COMPANY, LLC $935,000 $1,105,000 18.2% 0.1%
Watertown Savings Bank $1,105,000 n/a 0.1%
LENDINGHOME FUNDING CORPORATION $785,000 $1,090,000 38.9% 0.1%
First Federal Bank $685,000 $1,085,000 58.4% 0.1%
DIGITAL Federal Credit Union $1,900,000 $1,070,000 -43.7% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $265,000 $1,060,000 300.0% 0.1%
Eastern Bank $165,000 $1,045,000 533.3% 0.1%
NBKC BANK $830,000 $1,005,000 21.1% 0.1%
METRO $970,000 n/a 0.1%
LENDERFI, INC. $385,000 $955,000 148.1% 0.1%
Goldman Sachs Bank USA $1,760,000 $920,000 -47.7% 0.1%
Manufacturers and Traders Trust Company $1,605,000 $905,000 -43.6% 0.1%
Sierra Pacific Mortgage Company, Inc. $895,000 n/a 0.1%
NEW ENGLAND FEDERAL CREDIT UNION $875,000 n/a 0.1%
Rockland Trust Company $610,000 $855,000 40.2% 0.1%
Liberty Bank $845,000 n/a 0.1%
Shamrock Home Loans, Inc. $840,000 n/a 0.1%
HANSCOM $1,220,000 $825,000 -32.4% 0.1%
HOMESIDE FINANCIAL, LLC $105,000 $815,000 676.2% 0.1%
Nations Lending Corporation $410,000 $805,000 96.3% 0.1%
TIAA, FSB $400,000 $805,000 101.3% 0.1%
Northmark Bank $755,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $655,000 $725,000 10.7% 0.1%
First Savings Bank $430,000 $710,000 65.1% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $225,000 $700,000 211.1% 0.1%
Workers Credit Union $655,000 n/a 0.1%
Community Bank $620,000 n/a 0.1%
EVERETT FINANCIAL, INC. $615,000 n/a 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $770,000 $610,000 -20.8% 0.1%
Boston Private Bank & Trust Company $605,000 n/a 0.1%
Visio Financial Services Inc. $210,000 $605,000 188.1% 0.1%
PHH Mortgage Corporation $185,000 $570,000 208.1% 0.1%
AMERICAN FEDERAL MORTGAGE CORPORATION $215,000 $560,000 160.5% 0.0%
Paramount Residential Mortgage Group, Inc. $375,000 $560,000 49.3% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $555,000 n/a 0.0%
ALLIED MORTGAGE GROUP, INC. $2,585,000 $550,000 -78.7% 0.0%
Brighton Bank $545,000 n/a 0.0%
Easthampton Savings Bank $330,000 $545,000 65.2% 0.0%
MSA MORTGAGE, LLC $405,000 $545,000 34.6% 0.0%
United Nations Federal Credit Union $265,000 $545,000 105.7% 0.0%
CHURCHILL MORTGAGE CORPORATION $450,000 $530,000 17.8% 0.0%
Barrington Bank & Trust Company, N.A. $1,025,000 $520,000 -49.3% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $315,000 $510,000 61.9% 0.0%
Avidia Bank $590,000 $500,000 -15.3% 0.0%
Brookline Bank $500,000 n/a 0.0%
Fall River Five Cents Savings Bank $245,000 $495,000 102.0% 0.0%
FirstBank $495,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $490,000 n/a 0.0%
Bank-Fund Staff Federal Credit Union $585,000 $470,000 -19.7% 0.0%
Ixonia Bank $455,000 n/a 0.0%
Axos Bank $450,000 n/a 0.0%
Strong Home Mortgage, LLC $440,000 n/a 0.0%
The Freedom Bank of Virginia $435,000 n/a 0.0%
NJ LENDERS CORP. $1,760,000 $430,000 -75.6% 0.0%
AMERICAN FINANCING CORPORATION $155,000 $425,000 174.2% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $425,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $365,000 $415,000 13.7% 0.0%
Jeanne D'Arc Credit Union $415,000 n/a 0.0%
The Camden National Bank $880,000 $415,000 -52.8% 0.0%
INLAND BANK & TRUST $135,000 $400,000 196.3% 0.0%
Northwest Community Bank $400,000 n/a 0.0%
Cambridge Savings Bank $870,000 $395,000 -54.6% 0.0%
North Easton Savings Bank $395,000 n/a 0.0%
Patriot Community Bank $395,000 n/a 0.0%
MEMBERS MORTGAGE COMPANY, INC. $385,000 n/a 0.0%
American Airlines Federal Credit Union $365,000 n/a 0.0%
First Internet Bank of Indiana $235,000 $365,000 55.3% 0.0%
Cf Bank $355,000 n/a 0.0%
First United Bank and Trust Company $355,000 n/a 0.0%
VILLAGE CAPITAL & INVESTMENT LLC $355,000 n/a 0.0%
WASHINGTON TRUST MORTGAGE COMPANY LLC $420,000 $355,000 -15.5% 0.0%
REVERSE MORTGAGE FUNDING LLC $1,010,000 $345,000 -65.8% 0.0%
CMG MORTGAGE, INC. $335,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $165,000 $335,000 103.0% 0.0%
HARVARD UNIVERSITY EMPLOYEES $450,000 $315,000 -30.0% 0.0%
LIMA ONE CAPITAL, LLC $310,000 n/a 0.0%
MEMBERS ADVANTAGE COMMUNITY CREDIT UNION $305,000 n/a 0.0%
NEW FED MORTGAGE, CORP. $915,000 $300,000 -67.2% 0.0%
ALLIANT CREDIT UNION $75,000 $295,000 293.3% 0.0%
Envision Bank $295,000 n/a 0.0%
Cornerstone Bank $285,000 n/a 0.0%
Bank of England $395,000 $280,000 -29.1% 0.0%
CANOPY MORTGAGE, LLC $275,000 n/a 0.0%
UIF CORPORATION $275,000 n/a 0.0%
Bangor Savings Bank $1,005,000 $265,000 -73.6% 0.0%
MILEND, INC. $265,000 n/a 0.0%
WILLIAM RAVEIS MORTGAGE, LLC $695,000 $265,000 -61.9% 0.0%
Third Federal Savings and Loan Association of Cleveland $240,000 $260,000 8.3% 0.0%
Bethpage Federal Credit Union $535,000 $255,000 -52.3% 0.0%
Windosr Federal Savings & Loan Association $405,000 $255,000 -37.0% 0.0%
QUORUM FEDERAL CREDIT UNION $245,000 n/a 0.0%
Country Bank for Savings $240,000 n/a 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $1,700,000 $235,000 -86.2% 0.0%
LUSO $235,000 n/a 0.0%
Northern Bank & Trust Company $235,000 n/a 0.0%
Poli Mortgage Group, Inc. $265,000 $235,000 -11.3% 0.0%
NFM, INC. $1,220,000 $225,000 -81.6% 0.0%
FIRST CITIZENS' FEDERAL CREDIT UNION $215,000 n/a 0.0%
Metro City Bank $145,000 $215,000 48.3% 0.0%
St. Mary's Credit Union $215,000 n/a 0.0%
AFFINITY $205,000 n/a 0.0%
Baxter Credit Union $205,000 n/a 0.0%
Figure Lending LLC $235,000 $205,000 -12.8% 0.0%
Freedom Credit Union $135,000 $205,000 51.9% 0.0%
PROVINCE MORTGAGE ASSOCIATES, INC. $175,000 $205,000 17.1% 0.0%
State Department Federal Credit Union $205,000 n/a 0.0%
BayCoast Bank $300,000 $195,000 -35.0% 0.0%
KELLER MORTGAGE, LLC $300,000 $185,000 -38.3% 0.0%
Milford Federal Bank $185,000 n/a 0.0%
MMS MORTGAGE SERVICES, LTD. $185,000 n/a 0.0%
Truist Bank $715,000 $185,000 -74.1% 0.0%
LOANLEADERS OF AMERICA, INC. $175,000 n/a 0.0%
EagleBank $165,000 n/a 0.0%
ATHAS CAPITAL GROUP, INC. $155,000 n/a 0.0%
BELLWETHER COMMUNITY $155,000 n/a 0.0%
Discover Bank $260,000 $155,000 -40.4% 0.0%
First Bank & Trust $155,000 n/a 0.0%
Winchester Co-operative Bank $155,000 n/a 0.0%
First Home Bank $325,000 $145,000 -55.4% 0.0%
NORTHERN MORTGAGE SERVICES, LLC $215,000 $145,000 -32.6% 0.0%
STEARNS LENDING, LLC $540,000 $135,000 -75.0% 0.0%
Northpointe Bank $1,005,000 $125,000 -87.6% 0.0%
Prosperity Home Mortgage, LLC $125,000 n/a 0.0%
SIWELL, INC. $620,000 $125,000 -79.8% 0.0%
UTILITIES EMPLOYEES CREDIT UNION $125,000 n/a 0.0%
City of Boston Credit Union $105,000 n/a 0.0%
North Shore Bank, a Co-operative Bank $105,000 n/a 0.0%
Atlantic Home Loans, Inc. $95,000 n/a 0.0%
MEMBER ADVANTAGE MORTGAGE, LLC $850,000 $95,000 -88.8% 0.0%
Arvest Bank $490,000 $85,000 -82.7% 0.0%
MASSMUTUAL $195,000 $75,000 -61.5% 0.0%
GREENWOOD $15,000 $55,000 266.7% 0.0%
The Washington Trust Company, of Westerly $45,000 $55,000 22.2% 0.0%
Monson Savings Bank $2,920,000 $50,000 -98.3% 0.0%
Ballston Spa National Bank $35,000 n/a 0.0%

PITTSFIELD's top lender by overall market share is Adams Community Bank, with 14.9% market share. In second place, with 11.4%, is GREYLOCK, having originated $128,540,000 in loans. In third place, with 7.4%, is Lee Bank, having originated $82,780,000 in loans. In fourth place, with 5.7%, is QUICKEN LOANS, LLC, having originated $64,065,000 in loans. In fifth place, with 5.4%, is ACADEMY MORTGAGE CORPORATION, having originated $60,415,000 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 (-4.8%) 1.38 854
2018-02-01 $364,450 (12.1%) $527,727 (-9.0%) 1.36 850
2018-03-01 $379,250 (13.2%) $554,002 (-6.7%) 1.35 844
2018-04-01 $389,125 (12.3%) $564,965 (-3.4%) 1.34 884
2018-05-01 $396,500 (13.5%) $562,723 (-2.1%) 1.33 946
2018-06-01 $379,000 (7.7%) $551,844 (-3.7%) 1.30 1,037
2018-07-01 $369,000 (5.4%) $535,141 (-5.5%) 1.26 1,118
2018-08-01 $366,750 (4.8%) $532,783 (-4.2%) 1.23 1,143
2018-09-01 $359,000 (2.6%) $528,740 (-4.0%) 1.20 1,138
2018-10-01 $357,000 (2.0%) $549,234 (0.9%) 1.20 1,128
2018-11-01 $369,450 (-1.4%) $573,651 (5.2%) 1.24 1,029
2018-12-01 $374,900 (1.6%) $582,366 (8.7%) 1.28 943
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%) 1.23 805
2019-03-01 $374,943 (-1.1%) $605,838 (9.4%) 1.21 808
2019-04-01 $374,993 (-3.6%) $600,792 (6.3%) 1.18 852
2019-05-01 $369,000 (-6.9%) $600,084 (6.6%) 1.14 935
2019-06-01 $369,000 (-2.6%) $579,173 (5.0%) 1.14 1,050
2019-07-01 $371,950 (0.8%) $576,244 (7.7%) 1.17 1,112
2019-08-01 $373,364 (1.8%) $577,595 (8.4%) 1.17 1,090
2019-09-01 $370,909 (3.3%) $574,325 (8.6%) 1.18 1,050
2019-10-01 $369,000 (3.4%) $573,782 (4.5%) 1.19 1,010
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%) 1.30 777
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 (19.6%) 1.28 677
2020-04-01 $404,113 (7.8%) $737,263 (22.7%) 1.31 671
2020-05-01 $425,000 (15.2%) $736,884 (22.8%) 1.33 708
2020-06-01 $449,725 (21.9%) $752,378 (29.9%) 1.36 704
2020-07-01 $430,000 (15.6%) $763,395 (32.5%) 1.29 653
2020-08-01 $449,000 (20.3%) $785,575 (36.0%) 1.29 613
2020-09-01 $454,500 (22.5%) $784,607 (36.6%) 1.36 590
2020-10-01 $449,000 (21.7%) $839,892 (46.4%) 1.36 545
2020-11-01 $422,000 (14.3%) $936,397 (55.4%) 1.27 477
2020-12-01 $409,500 (6.8%) $952,918 (37.3%) 1.28 420
2021-01-01 $432,500 (10.5%) $1,025,096 (43.6%) 1.41 334
2021-02-01 $501,875 (29.0%) $948,451 (30.9%) 1.54 271
2021-03-01 $529,000 (32.4%) $995,601 (37.4%) 1.59 242
2021-04-01 $525,000 (29.9%) $1,026,983 (39.3%) 1.47 251
2021-05-01 $499,450 (17.5%) $988,820 (34.2%) 1.36 294
2021-06-01 $475,000 (5.6%) $952,002 (26.5%) 1.31 360
2021-07-01 $475,000 (10.5%) $943,964 (23.7%) 1.31 399
2021-08-01 $487,000 (8.5%) $891,534 (13.5%) 1.31 436
2021-09-01 $475,000 (4.5%) $905,162 (15.4%) 1.26 447
2021-10-01 $449,000 (0.0%) $831,550 (-1.0%) 1.18 431
2021-11-01 $426,700 (1.1%) $822,602 (-12.2%) 1.16 377
2021-12-01 $422,475 (3.2%) $831,083 (-12.8%) 1.13 302
2022-01-01 $430,950 (-0.4%) $911,018 (-11.1%) 1.20 242
2022-02-01 $439,225 (-12.5%) $977,742 (3.1%) 1.18 201
2022-03-01 $449,900 (-15.0%) $1,011,135 (1.6%) 1.18 195
2022-04-01 $425,000 (-19.1%) $998,477 (-2.8%) 1.12 199
2022-05-01 $447,225 (-10.5%) $881,658 (-10.8%) 1.06 244
2022-06-01 $461,250 (-2.9%) $915,448 (-3.8%) 1.07 281
2022-07-01 $449,450 (-5.4%) $877,778 (-7.0%) 1.02 350
2022-08-01 $458,225 (-5.9%) $927,374 (4.0%) 1.08 336
2022-09-01 $439,500 (-7.5%) $936,813 (3.5%) 0.00 349
2022-10-01 $449,000 (0.0%) $904,402 (8.8%) 0.00 348
2022-11-01 $447,000 (4.8%) $930,557 (13.1%) 0.00 300
PITTSFIELD's median listing price for 2022-11-01 was $447,000, a difference of $20,300 (4.8%) versus the prior year and $-2,000 versus the prior month.

PITTSFIELD's median listing price comes in at 0% of the national average.

PITTSFIELD's average listing price for 2022-11-01 was $930,557, a difference of $107,955 (13.1%) versus the prior year and $26,155 versus the prior month.

For the 2022-11-01 period, PITTSFIELD had 300 MLS listings, a difference of -48 listings (-14%) versus the prior month and -77 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
2018-01-01 145 days 2,036 sqft
2018-02-01 156 days 2,028 sqft
2018-03-01 157 days 2,040 sqft
2018-04-01 153 days 2,060 sqft
2018-05-01 124 days 2,060 sqft
2018-06-01 95 days 2,009 sqft
2018-07-01 84 days 2,001 sqft
2018-08-01 89 days 2,026 sqft
2018-09-01 95 days 1,997 sqft
2018-10-01 108 days 1,973 sqft
2018-11-01 121 days 2,035 sqft
2018-12-01 135 days 2,043 sqft
2019-01-01 144 days 1,990 sqft
2019-02-01 151 days 2,003 sqft
2019-03-01 145 days 2,009 sqft
2019-04-01 130 days 2,003 sqft
2019-05-01 97 days 2,014 sqft
2019-06-01 80 days 2,001 sqft
2019-07-01 85 days 2,001 sqft
2019-08-01 91 days 2,006 sqft
2019-09-01 106 days 1,992 sqft
2019-10-01 114 days 1,975 sqft
2019-11-01 123 days 2,001 sqft
2019-12-01 135 days 2,023 sqft
2020-01-01 139 days 2,021 sqft
2020-02-01 147 days 2,016 sqft
2020-03-01 140 days 2,106 sqft
2020-04-01 137 days 2,127 sqft
2020-05-01 121 days 2,136 sqft
2020-06-01 99 days 2,126 sqft
2020-07-01 72 days 2,088 sqft
2020-08-01 74 days 2,086 sqft
2020-09-01 69 days 2,052 sqft
2020-10-01 66 days 2,086 sqft
2020-11-01 78 days 2,030 sqft
2020-12-01 94 days 2,013 sqft
2021-01-01 109 days 2,050 sqft
2021-02-01 117 days 2,210 sqft
2021-03-01 84 days 2,221 sqft
2021-04-01 53 days 2,183 sqft
2021-05-01 39 days 2,152 sqft
2021-06-01 37 days 2,141 sqft
2021-07-01 44 days 2,149 sqft
2021-08-01 51 days 2,109 sqft
2021-09-01 52 days 2,102 sqft
2021-10-01 63 days 1,992 sqft
2021-11-01 69 days 1,926 sqft
2021-12-01 81 days 1,846 sqft
2022-01-01 104 days 1,854 sqft
2022-02-01 101 days 1,865 sqft
2022-03-01 72 days 1,882 sqft
2022-04-01 45 days 1,842 sqft
2022-05-01 42 days 1,899 sqft
2022-06-01 35 days 1,897 sqft
2022-07-01 42 days 1,844 sqft
2022-08-01 49 days 1,905 sqft
2022-09-01 0 days 1,805 sqft
2022-10-01 0 days 1,843 sqft
2022-11-01 0 days 1,882 sqft
PITTSFIELD's median listing age (time on market) for 2022-11-01 was 0 days. This is -100% shorter than the same period one year ago.

PITTSFIELD's median square footage for active listings during the 2022-11-01 period was 1,882 sqft. One year prior, the average listing was 1,926 sqft.

PITTSFIELD, MA Average Rent (2022)

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
01201 Pittsfield, MA $850 $1,020 $1,280 $1,630 $1,760
01202 Pittsfield, MA $850 $1,020 $1,280 $1,630 $1,760
01220 Pittsfield, MA $730 $870 $1,100 $1,400 $1,510
01223 Pittsfield, MA $1,270 $1,380 $1,810 $2,240 $2,540
01224 Pittsfield, MA $1,080 $1,270 $1,600 $2,020 $2,220
01225 Pittsfield, MA $990 $1,180 $1,490 $1,890 $2,050
01226 Pittsfield, MA $900 $1,070 $1,350 $1,720 $1,860
01227 Pittsfield, MA $850 $1,020 $1,280 $1,630 $1,760
01229 Pittsfield, MA $800 $960 $1,210 $1,540 $1,670
01235 Pittsfield, MA $760 $830 $1,060 $1,330 $1,490
01236 Pittsfield, MA $1,260 $1,370 $1,800 $2,220 $2,520
01237 Pittsfield, MA $1,090 $1,270 $1,610 $2,030 $2,230
01238 Pittsfield, MA $870 $1,030 $1,300 $1,650 $1,790
01240 Pittsfield, MA $880 $1,050 $1,330 $1,690 $1,830
01242 Pittsfield, MA $870 $1,040 $1,310 $1,670 $1,810
01254 Pittsfield, MA $1,280 $1,520 $1,920 $2,440 $2,640
01260 Pittsfield, MA $990 $1,150 $1,470 $1,850 $2,030
01262 Pittsfield, MA $800 $960 $1,210 $1,540 $1,670
01266 Pittsfield, MA $1,380 $1,530 $1,990 $2,470 $2,780
01270 Pittsfield, MA $820 $970 $1,230 $1,560 $1,710

2022 Average & Median Rent Data Statistics
PITTSFIELD, MA average 1BR rent: $1,126, median: $1,045
PITTSFIELD, MA average 2BR rent: $1,432, median: $1,320
PITTSFIELD, MA average 3BR rent: $1,808, median: $1,680

PITTSFIELD, MA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,939 $555,975,000 $286,733
Refi 1,549 $358,335,000 $231,333
Cash Out Refi 623 $155,225,000 $249,157
Home Improvement 235 $23,685,000 $100,787
Other 148 $32,410,000 $218,986

Pittsfield's most frequently cited loan purpose was Home Purchase, with 1,939 originations. The 2nd most popular reason was Refi, with 1,549 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,679 $373,415,000 $222,403
2.5-3% 1,482 $399,830,000 $269,791
<2.5% 568 $157,380,000 $277,077
4-5% 143 $29,525,000 $206,469
5-6% 46 $3,780,000 $82,174
Over 8% 9 $1,135,000 $126,111
7-8% 7 $695,000 $99,286
6-7% 6 $430,000 $71,667

During 2021, Pittsfield's most frequently originated rate bucket was 3-4%, with 1,679 originations.

Loan Sizing (PITTSFIELD, MA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,679 $254,085,000 $151,331
$200k-400k 1,592 $433,450,000 $272,268
$100,000 or less 619 $33,755,000 $54,532
$400k-600k 395 $189,195,000 $478,975
$600k-1000k 143 $104,545,000 $731,084
$Over $1MM 66 $110,600,000 $1,675,758

PITTSFIELD's loan sizing saw the bucket of loans from $100k-200k with 1,679 originations, totaling $254,085,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 1,350 $395,390,000 $292,881
80-100% 1,253 $323,925,000 $258,520
40-60% 595 $154,065,000 $258,933
20-40% 311 $49,095,000 $157,862
Under 20% 288 $13,190,000 $45,799
Over 100% 16 $5,480,000 $342,500

PITTSFIELD's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,350 originations, totaling $395,390,000 in origination value.