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 6.05% for the week of 2024-06-06, compared to the national average of 6.99% for the same period.

The average rate for the prior week (2024-05-30) was 6.09% and one month ago for the week of 2024-05-02, the average rate was 6.18%.

Pittsfield's average rate one year ago was 6.05%.

For refis of the same type during the week of 2024-06-06, the average rate was 6.77%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-06-06 6.99%
Pittsfield 30 Year Fixed Rate 2024-06-06 6.05%
Pittsfield 30 Year Fixed Rate Refi 2024-06-06 6.77%
Pittsfield 15 Year Fixed Rate 2024-06-06 6.49%
Pittsfield 15 Year Fixed Rate Refi 2024-06-06 6.19%
Pittsfield 30 Year FHA 2024-06-06 6.78%
Pittsfield 30 Year FHA Refi 2024-06-06 6.59%
Pittsfield 30 Year USDA 2024-06-06 6.9%
Pittsfield 30 Year USDA Refi 2024-06-06 6.7%
Pittsfield 30 Year VA 2024-06-06 6.49%
Pittsfield 30 Year VA Refi 2024-06-06 6.29%
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
2024-04-01 $542,500 (11.9%) $1,082,465 (16.1%) 1.26 257
2024-05-01 $599,450 (18.1%) $1,239,155 (21.2%) 1.35 280
PITTSFIELD's median listing price for 2024-05-01 was $599,450, a difference of $92,000 (18.1%) versus the prior year and $56,950 versus the prior month.

PITTSFIELD's median listing price comes in at 135% of the national average.

PITTSFIELD's average listing price for 2024-05-01 was $1,239,155, a difference of $216,981 (21.2%) versus the prior year and $156,690 versus the prior month.

For the 2024-05-01 period, PITTSFIELD had 280 MLS listings, a difference of 23 listings (9%) versus the prior month and 11 listings (4%) 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
2024-04-01 62 days 1,885 sqft
2024-05-01 45 days 2,019 sqft
PITTSFIELD's median listing age (time on market) for 2024-05-01 was 45 days. This is 0% longer than the same period one year ago.

PITTSFIELD's median square footage for active listings during the 2024-05-01 period was 2,019 sqft. One year prior, the average listing was 2,016 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.