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 5.42% for the week of 2024-02-15, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-02-08) was 5.59% and one month ago for the week of 2024-01-11, the average rate was 5.41%.

Pittsfield's average rate one year ago was 4.97%.

For refis of the same type during the week of 2024-02-15, the average rate was 5.25%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-15 6.77%
Pittsfield 30 Year Fixed Rate 2024-02-15 5.42%
Pittsfield 30 Year Fixed Rate Refi 2024-02-15 5.25%
Pittsfield 15 Year Fixed Rate 2024-02-15 5.55%
Pittsfield 15 Year Fixed Rate Refi 2024-02-15 5.04%
Pittsfield 30 Year FHA 2024-02-15 6.2%
Pittsfield 30 Year FHA Refi 2024-02-15 6.51%
Pittsfield 30 Year USDA 2024-02-15 6.49%
Pittsfield 30 Year USDA Refi 2024-02-15 6.89%
Pittsfield 30 Year VA 2024-02-15 6.46%
Pittsfield 30 Year VA Refi 2024-02-15 6.36%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
GREYLOCK 373 3.57% $3,125
Adams Community Bank 322 3.92% $2,948
QUICKEN LOANS, LLC 60 5.17% $7,407
ACADEMY MORTGAGE CORPORATION 52 5.17% $6,607
Berkshire Bank 34 3.78% $4,763
MountainOne Bank 25 4.37% $4,589
JPMorgan Chase Bank 23 4.49% $6,227
Wells Fargo Bank 21 3.99% $7,769
LOANDEPOT.COM, LLC 19 4.24% $6,330
TOTAL MORTGAGE SERVICES, LLC 16 4.83% $8,815
Bank of America 13 4.00% $7,053
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 13 5.00% $5,388
GUARANTEED RATE, INC. 11 4.80% $5,549
TD Bank 10 3.84% $3,377
Morgan Stanley Private Bank 9 3.56% $4,572
BAY EQUITY LLC 8 5.31% $7,421
First Republic Bank 8 3.39% $4,503
NBT Bank 8 3.61% $3,614
Citibank 8 3.73% $7,170
NAVY FEDERAL CREDIT UNION 7 5.18% $4,346
U.S. Bank 6 4.96% $5,263
Citizens Bank 6 3.63% $6,715
GUARANTEED RATE AFFINITY, LLC 5 5.44% $6,175
Mortgage Network, Inc. 5 5.72% $6,740
Flagstar Bank, FSB 5 3.96% $7,464
Mr. Cooper ( Nationstar Mortgage ) 5 4.75% $9,305
HOMESTEAD FUNDING CORP. 5 4.78% $3,345
KeyBank 4 4.34% $5,086
TrustCo Bank 4 4.09% $1,980
MUTUAL OF OMAHA MORTGAGE, INC. 4 6.16% $4,642
Republic State Mortgage Co. 4 4.53% $4,245
Cornerstone Bank 4 4.34% $5,543
AMERISAVE MORTGAGE CORPORATION 4 4.28% $8,463
FREEDOM MORTGAGE CORPORATION 4 4.06% $6,387
Farm Credit East, ACA 4 4.38% $12,704
BROKER SOLUTIONS, INC. 4 5.53% $6,179
SOFI LENDING CORP. 3 3.88% $4,348
CARDINAL FINANCIAL 3 4.29% $3,852
Charles Schwab Bank, SSB 3 4.13% $4,190
PENNYMAC LOAN SERVICES, LLC 3 5.21% $7,669
PeoplesBank 3 3.92% $3,482
NEWREZ LLC 3 3.90% $8,383
Raymond James Bank 3 3.00% $7,220
Truist 3 4.79% $6,046
GUILD MORTGAGE COMPANY 3 5.71% $5,748
UNITED WHOLESALE MORTGAGE, LLC 3 5.64% $8,933
HARBORONE MORTGAGE, LLC 3 4.04% $9,954
MOVEMENT MORTGAGE, LLC 3 4.10% $3,626
Leader Bank 3 3.79% $5,584
BNY Mellon 3 3.04% $4,616
People's United Bank 2 3.25% $3,167
Silicon Valley Bank 2 3.38% $3,098
Semper Home Loans, Inc. 2 5.63% $9,701
WASHINGTON TRUST MORTGAGE COMPANY LLC 2 3.56% $3,915
SALEM FIVE MORTGAGE COMPANY, LLC 2 3.94% $3,263
M&T Bank 2 4.38% $4,629
Westfield Bank 2 5.06% $4,183
CMG MORTGAGE, INC. 2 6.75% $6,830
CROSSCOUNTRY MORTGAGE, LLC 2 3.06% $6,891
BETTER MORTGAGE CORPORATION 2 3.19% $6,879
City National Bank 2 4.57% $5,595
DIGITAL Federal Credit Union 2 3.94% $1,959
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 3.93% $6,026
Bangor Savings Bank 2 3.81% $4,266
UBS Bank USA 2 3.50% $5,380
GuardHill Financial Corp. 2 4.94% $7,109
EMBRACE HOME LOANS, INC. 2 3.63% $5,012
UNION HOME MORTGAGE CORP. 2 3.25% $3,078
Evolve Bank & Trust 2 5.13% $2,052
ZILLOW HOME LOANS, LLC 1 4.88% $5,280
Ally Bank 1 4.49% $6,165
AMERICAN INTERNET MORTGAGE, INC. 1 3.00% $6,736
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.25% $5,611
Bank-Fund Staff Federal Credit Union 1 4.75% $4,890
Bank of England 1 5.25% $4,102
Brookline Bank 1 6.13% $3,531
CALIBER HOME LOANS, INC. 1 4.95% $11,890
CENTRAL ONE FEDERAL CREDIT UNION 1 5.50% $2,722
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.38% $6,122
Discover Bank 1 3.49% $0
DRAPER AND KRAMER MORTGAGE CORP. 1 4.50% $4,759
DREW MORTGAGE ASSOCIATES, INC. 1 5.38% $4,822
Eastern Bank 1 4.38% $3,640
Easthampton Savings Bank 1 4.63% $4,215
ENVOY MORTGAGE, LTD 1 3.38% $3,693
EQUITY RESOURCES, INC. 1 5.88% $3,620
FINANCE OF AMERICA MORTGAGE LLC 1 5.75% $7,467
First Horizon Bank 1 3.00% $8,221
First Merchants Bank 1 2.38% $5,578
FIRST MORTGAGE COMPANY, INC. 1 6.63% $4,165
First Savings Bank 1 5.25% $5,400
FIRST WORLD MORTGAGE CORPORATION 1 6.50% $7,294
Florence Bank 1 2.75% $2,519
Freedom Credit Union 1 2.50% $3,413
HOME POINT FINANCIAL CORPORATION 1 3.25% $2,256
HSBC BANK USA, NATIONAL ASSOCIATION 1 2.87% $5,728
KINECTA 1 3.50% $5,355
Kish Bank 1 3.75% $3,923
Kwik Mortgage Corporation 1 4.38% $1,842
MEMBER ADVANTAGE MORTGAGE, LLC 1 3.25% $3,634
MID-ISLAND MORTGAGE CORP. 1 4.88% $3,809
MORTGAGE EQUITY PARTNERS LLC 1 3.99% $4,762
Mortgage Research Center, LLC 1 3.75% $2,361
NBKC BANK 1 4.38% $15,512
NEW FED MORTGAGE, CORP. 1 3.49% $4,336
NexBank 1 6.00% $15,004
NFM, INC. 1 6.99% $12,530
North American Savings Bank, F.S.B. 1 5.50% $2,585
Northpointe Bank 1 3.25% $8,394
NORTHPOINT MORTGAGE, INC. 1 6.13% $5,733
Paramount Residential Mortgage Group, Inc. 1 5.88% $10,703
PHH Mortgage Corporation 1 3.50% $7,337
PREMIA MORTGAGE, LLC 1 4.75% $4,023
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 4.75% $4,917
RADIUS FINANCIAL GROUP INC. 1 5.38% $3,314
RELIANCE FIRST CAPITAL, LLC 1 5.75% $8,162
Ross Mortgage Company, Inc. 1 3.38% $2,158
Shamrock Home Loans, Inc. 1 5.25% $4,066
Stifel Bank and Trust 1 4.25% $9,700
The Camden National Bank 1 5.88% $4,389
The Cape Cod Five Cents Savings Bank 1 4.25% $4,009
Third Federal Savings and Loan Association of Cleveland 1 2.99% $2,943
UIF CORPORATION 1 4.25% $5,095
UMASSFIVE COLLEGE Federal Credit Union 1 4.24% $6,031
USAA Federal Savings Bank 1 5.50% $5,554
VAN DYK MORTGAGE CORPORATION 1 3.38% $6,206
Watermark Capital, Inc. 1 3.13% $3,952

PITTSFIELD Average Closing Costs & Other Stats

PITTSFIELD, MA's 127 lenders originated 3,584 loans during 2022. The total origination value was $862,720,000, with an average loan value of $240,714.

PITTSFIELD's average closing costs are $4,341.

The top PITTSFIELD lender as defined by loan originations is GREYLOCK, with 373 loans originated. Their average total fees are $3,125, which is $177 higher than the next largest lender, Adams Community Bank.

The lowest fee PITTSFIELD lenders (with over 10 loans originated) are Adams Community Bank ($2,948), GREYLOCK ($3,125), TD Bank ($3,377), MountainOne Bank ($4,589) and Berkshire Bank ($4,763).

The lowest rate PITTSFIELD lenders (with over 10 loans originated) are GREYLOCK (3.57%), Berkshire Bank (3.78%), TD Bank (3.84%), Adams Community Bank (3.92%) and Wells Fargo Bank (3.99%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
GREYLOCK $128,540,000 $206,485,000 60.6% 23.9%
Adams Community Bank $167,670,000 $140,075,000 -16.5% 16.2%
Lee Bank $82,780,000 $59,400,000 -28.2% 6.9%
The Pittsfield Co-operative Bank $41,115,000 $38,535,000 -6.3% 4.5%
ACADEMY MORTGAGE CORPORATION $60,415,000 $35,280,000 -41.6% 4.1%
Berkshire Bank $40,290,000 $29,885,000 -25.8% 3.5%
QUICKEN LOANS, LLC $64,065,000 $27,050,000 -57.8% 3.1%
NBT Bank $14,390,000 $23,400,000 62.6% 2.7%
Salisbury Bank and Trust Company $29,745,000 $18,555,000 -37.6% 2.2%
Bank of America $11,470,000 $16,710,000 45.7% 1.9%
MountainOne Bank $19,680,000 $15,190,000 -22.8% 1.8%
Rockland Trust Company $855,000 $13,805,000 1,514.6% 1.6%
Wells Fargo Bank $32,930,000 $13,690,000 -58.4% 1.6%
Citizens Bank $15,560,000 $12,630,000 -18.8% 1.5%
TD Bank $15,435,000 $10,330,000 -33.1% 1.2%
First Republic Bank $8,505,000 $9,725,000 14.3% 1.1%
JPMorgan Chase Bank $22,710,000 $9,420,000 -58.5% 1.1%
TOTAL MORTGAGE SERVICES, LLC $13,945,000 $7,560,000 -45.8% 0.9%
LOANDEPOT.COM, LLC $17,830,000 $7,215,000 -59.5% 0.8%
GUARANTEED RATE, INC. $9,525,000 $6,615,000 -30.6% 0.8%
Morgan Stanley Private Bank $9,435,000 $5,775,000 -38.8% 0.7%
Citibank $12,590,000 $5,500,000 -56.3% 0.6%
NAVY FEDERAL CREDIT UNION $4,095,000 $5,000,000 22.1% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,585,000 $4,300,000 -49.9% 0.5%
Mortgage Research Center, LLC $5,430,000 $4,090,000 -24.7% 0.5%
Raymond James Bank $2,915,000 $3,885,000 33.3% 0.5%
HARBORONE MORTGAGE, LLC $1,380,000 $3,835,000 177.9% 0.4%
Fieldpoint Private Bank & Trust $3,540,000 n/a 0.4%
Stifel Bank and Trust $2,105,000 $3,505,000 66.5% 0.4%
AMERISAVE MORTGAGE CORPORATION $10,550,000 $3,250,000 -69.2% 0.4%
U.S. Bank $6,385,000 $3,030,000 -52.5% 0.4%
Westfield Bank $2,355,000 $2,995,000 27.2% 0.3%
PENNYMAC LOAN SERVICES, LLC $7,975,000 $2,990,000 -62.5% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $4,140,000 $2,970,000 -28.3% 0.3%
TrustCo Bank $9,935,000 $2,630,000 -73.5% 0.3%
UNITED WHOLESALE MORTGAGE, LLC $5,975,000 $2,600,000 -56.5% 0.3%
LENDINGHOME FUNDING CORPORATION $1,090,000 $2,455,000 125.2% 0.3%
Mortgage Network, Inc. $2,595,000 $2,405,000 -7.3% 0.3%
FREEDOM MORTGAGE CORPORATION $16,545,000 $2,285,000 -86.2% 0.3%
BAY EQUITY LLC $7,475,000 $2,125,000 -71.6% 0.2%
Truist $185,000 $2,075,000 1,021.6% 0.2%
GUARANTEED RATE AFFINITY, LLC $3,290,000 $1,970,000 -40.1% 0.2%
BNY Mellon $1,965,000 n/a 0.2%
Flagstar Bank, FSB $2,160,000 $1,940,000 -10.2% 0.2%
KeyBank $3,835,000 $1,930,000 -49.7% 0.2%
MOVEMENT MORTGAGE, LLC $1,605,000 $1,780,000 10.9% 0.2%
FINANCE OF AMERICA REVERSE LLC $415,000 $1,740,000 319.3% 0.2%
The Federal Savings Bank $2,310,000 $1,610,000 -30.3% 0.2%
Republic State Mortgage Co. $6,705,000 $1,575,000 -76.5% 0.2%
First Merchants Bank $1,495,000 n/a 0.2%
Charles Schwab Bank, SSB $4,765,000 $1,465,000 -69.3% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $5,840,000 $1,420,000 -75.7% 0.2%
NEWREZ LLC $6,875,000 $1,420,000 -79.3% 0.2%
BETTER MORTGAGE CORPORATION $1,365,000 n/a 0.2%
GUILD MORTGAGE COMPANY $1,335,000 n/a 0.2%
FINANCE OF AMERICA MORTGAGE LLC $725,000 $1,320,000 82.1% 0.2%
HOMESTEAD FUNDING CORP. $2,760,000 $1,315,000 -52.4% 0.2%
GuardHill Financial Corp. $1,310,000 $1,280,000 -2.3% 0.1%
Bangor Savings Bank $265,000 $1,250,000 371.7% 0.1%
Cornerstone Bank $285,000 $1,250,000 338.6% 0.1%
Watermark Capital, Inc. $1,290,000 $1,250,000 -3.1% 0.1%
Semper Home Loans, Inc. $1,210,000 n/a 0.1%
Silicon Valley Bank $1,605,000 $1,210,000 -24.6% 0.1%
Bank of England $280,000 $1,180,000 321.4% 0.1%
UBS Bank USA $2,895,000 $1,160,000 -59.9% 0.1%
BROKER SOLUTIONS, INC. $1,495,000 $1,145,000 -23.4% 0.1%
UNION HOME MORTGAGE CORP. $6,130,000 $1,130,000 -81.6% 0.1%
HSBC BANK USA, NATIONAL ASSOCIATION $235,000 $1,105,000 370.2% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $2,085,000 $1,105,000 -47.0% 0.1%
Easthampton Savings Bank $545,000 $1,100,000 101.8% 0.1%
Farm Credit East, ACA $1,030,000 n/a 0.1%
REVERSE MORTGAGE FUNDING LLC $345,000 $1,025,000 197.1% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,165,000 $1,015,000 -12.9% 0.1%
First Horizon Bank $975,000 n/a 0.1%
M&T Bank $905,000 $975,000 7.7% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $2,240,000 $965,000 -56.9% 0.1%
WASHINGTON TRUST MORTGAGE COMPANY LLC $355,000 $930,000 162.0% 0.1%
Ally Bank $905,000 n/a 0.1%
LIMA ONE CAPITAL, LLC $310,000 $900,000 190.3% 0.1%
City of Boston Credit Union $105,000 $875,000 733.3% 0.1%
City National Bank $5,230,000 $860,000 -83.6% 0.1%
Leader Bank $5,550,000 $825,000 -85.1% 0.1%
SOFI LENDING CORP. $4,120,000 $810,000 -80.3% 0.1%
Needham Bank $800,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,710,000 $785,000 -54.1% 0.1%
USAA Federal Savings Bank $2,220,000 $785,000 -64.6% 0.1%
PeoplesBank $6,690,000 $715,000 -89.3% 0.1%
HOME POINT FINANCIAL CORPORATION $5,425,000 $710,000 -86.9% 0.1%
MID AMERICA MORTGAGE, INC. $690,000 n/a 0.1%
First Savings Bank $710,000 $685,000 -3.5% 0.1%
NBKC BANK $1,005,000 $680,000 -32.3% 0.1%
HOMESIDE FINANCIAL, LLC $815,000 $655,000 -19.6% 0.1%
Greenfield Savings Bank $1,360,000 $640,000 -52.9% 0.1%
ALLIED MORTGAGE GROUP, INC. $550,000 $610,000 10.9% 0.1%
LAKEVIEW LOAN SERVICING, LLC $2,620,000 $605,000 -76.9% 0.1%
UMASSFIVE COLLEGE Federal Credit Union $600,000 n/a 0.1%
DIGITAL Federal Credit Union $1,070,000 $595,000 -44.4% 0.1%
Third Federal Savings and Loan Association of Cleveland $260,000 $565,000 117.3% 0.1%
Florence Bank $545,000 n/a 0.1%
MORTGAGE EQUITY PARTNERS LLC $525,000 n/a 0.1%
The Camden National Bank $415,000 $520,000 25.3% 0.1%
NEW FED MORTGAGE, CORP. $300,000 $505,000 68.3% 0.1%
VERVE, A CREDIT UNION $505,000 n/a 0.1%
CMG MORTGAGE, INC. $335,000 $500,000 49.3% 0.1%
Discover Bank $155,000 $500,000 222.6% 0.1%
PNC Bank $5,945,000 $490,000 -91.8% 0.1%
BNC National Bank $475,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $1,445,000 $470,000 -67.5% 0.1%
GFA Federal Credit Union $2,070,000 $450,000 -78.3% 0.1%
VAN DYK MORTGAGE CORPORATION $445,000 n/a 0.1%
Brookline Bank $500,000 $440,000 -12.0% 0.1%
The Cape Cod Five Cents Savings Bank $435,000 n/a 0.1%
Evolve Bank & Trust $1,795,000 $430,000 -76.0% 0.0%
PENTAGON FEDERAL CREDIT UNION $1,295,000 $415,000 -68.0% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $700,000 $410,000 -41.4% 0.0%
NexBank $395,000 n/a 0.0%
SALEM FIVE MORTGAGE COMPANY, LLC $1,105,000 $380,000 -65.6% 0.0%
Shamrock Home Loans, Inc. $840,000 $370,000 -56.0% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $365,000 n/a 0.0%
DREW MORTGAGE ASSOCIATES, INC. $365,000 n/a 0.0%
Hometown Equity Mortgage, LLC $360,000 n/a 0.0%
Northpointe Bank $125,000 $360,000 188.0% 0.0%
People's United Bank $2,605,000 $360,000 -86.2% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $510,000 $355,000 -30.4% 0.0%
EQUITY RESOURCES, INC. $355,000 n/a 0.0%
Kish Bank $355,000 n/a 0.0%
Kwik Mortgage Corporation $355,000 n/a 0.0%
Webster Bank $1,555,000 $355,000 -77.2% 0.0%
PHH Mortgage Corporation $570,000 $350,000 -38.6% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $610,000 $335,000 -45.1% 0.0%
KINECTA $325,000 n/a 0.0%
NORWICH COMMERCIAL GROUP, INC. $325,000 n/a 0.0%
Workers Credit Union $655,000 $320,000 -51.1% 0.0%
Simmons Bank $315,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $305,000 n/a 0.0%
NORTHPOINT MORTGAGE, INC. $1,125,000 $305,000 -72.9% 0.0%
Paramount Residential Mortgage Group, Inc. $560,000 $305,000 -45.5% 0.0%
The Cooperative Bank $305,000 n/a 0.0%
ENVOY MORTGAGE, LTD $1,565,000 $300,000 -80.8% 0.0%
Freedom Credit Union $205,000 $300,000 46.3% 0.0%
HANSCOM $825,000 $300,000 -63.6% 0.0%
NFM, INC. $225,000 $295,000 31.1% 0.0%
RADIUS FINANCIAL GROUP INC. $1,115,000 $295,000 -73.5% 0.0%
Fidelity Co-operative Bank $290,000 n/a 0.0%
Monson Savings Bank $50,000 $290,000 480.0% 0.0%
USAlliance Federal Credit Union $2,330,000 $275,000 -88.2% 0.0%
Equity Prime Mortgage LLC $270,000 n/a 0.0%
EMM LOANS LLC $1,175,000 $265,000 -77.4% 0.0%
PREMIA MORTGAGE, LLC $265,000 n/a 0.0%
INLAND BANK & TRUST $400,000 $255,000 -36.3% 0.0%
CALIBER HOME LOANS, INC. $2,255,000 $245,000 -89.1% 0.0%
Eastern Bank $1,045,000 $245,000 -76.6% 0.0%
PARSONS Federal Credit Union $245,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $235,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $1,400,000 $235,000 -83.2% 0.0%
FIRST MORTGAGE COMPANY, INC. $235,000 n/a 0.0%
Figure Lending LLC $205,000 $230,000 12.2% 0.0%
The People's Credit Union $225,000 n/a 0.0%
Bank-Fund Staff Federal Credit Union $470,000 $205,000 -56.4% 0.0%
CENTRAL ONE FEDERAL CREDIT UNION $205,000 n/a 0.0%
Greenfield Co-operative Bank $205,000 n/a 0.0%
North American Savings Bank, F.S.B. $1,495,000 $195,000 -87.0% 0.0%
A&D Mortgage LLC $185,000 n/a 0.0%
TOP FLITE FINANCIAL, INC. $185,000 n/a 0.0%
UTILITIES EMPLOYEES CREDIT UNION $125,000 $185,000 48.0% 0.0%
Santander Bank, N.A. $1,770,000 $175,000 -90.1% 0.0%
VILLAGE CAPITAL MORTGAGE $355,000 $175,000 -50.7% 0.0%
Clinton Savings Bank $165,000 n/a 0.0%
FIRST WORLD MORTGAGE CORPORATION $165,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $490,000 $165,000 -66.3% 0.0%
MID-ISLAND MORTGAGE CORP. $165,000 n/a 0.0%
GREENWOOD $55,000 $160,000 190.9% 0.0%
HOLYOKE $155,000 n/a 0.0%
UIF CORPORATION $275,000 $145,000 -47.3% 0.0%
ZILLOW HOME LOANS, LLC $2,005,000 $145,000 -92.8% 0.0%
BankNewport $135,000 n/a 0.0%
Bay State Savings Bank $135,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $555,000 $135,000 -75.7% 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $125,000 n/a 0.0%
First National Bank of America $125,000 n/a 0.0%
POLISH NATIONAL $1,395,000 $125,000 -91.0% 0.0%
LENDSURE MORTGAGE CORP. $115,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $335,000 $115,000 -65.7% 0.0%
MEMBER ADVANTAGE MORTGAGE, LLC $95,000 $115,000 21.1% 0.0%
BayCoast Bank $195,000 $110,000 -43.6% 0.0%
Liberty Bank $845,000 $105,000 -87.6% 0.0%
Plains Commerce Bank $105,000 n/a 0.0%
Ross Mortgage Company, Inc. $85,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $85,000 n/a 0.0%
Alden Credit Union $55,000 n/a 0.0%
AMERICAN EAGLE FINANCIAL CREDIT UNION $55,000 n/a 0.0%
SCIENT Federal Credit Union $25,000 n/a 0.0%

PITTSFIELD's top lender by overall market share is GREYLOCK, with 23.9% market share. In second place, with 16.2%, is Adams Community Bank, having originated $140,075,000 in loans. In third place, with 6.9%, is Lee Bank, having originated $59,400,000 in loans. In fourth place, with 4.5%, is The Pittsfield Co-operative Bank, having originated $38,535,000 in loans. In fifth place, with 4.1%, is ACADEMY MORTGAGE CORPORATION, having originated $35,280,000 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
PITTSFIELD's median listing price for 2023-12-01 was $482,000, a difference of $35,000 (7.8%) versus the prior year and $-42,975 versus the prior month.

PITTSFIELD's median listing price comes in at 118% of the national average.

PITTSFIELD's average listing price for 2023-12-01 was $940,243, a difference of $-23,364 (-2.4%) versus the prior year and $-12,335 versus the prior month.

For the 2023-12-01 period, PITTSFIELD had 330 MLS listings, a difference of -25 listings (-7%) versus the prior month and 75 listings (29%) 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
PITTSFIELD's median listing age (time on market) for 2023-12-01 was 73 days. This is -11% shorter than the same period one year ago.

PITTSFIELD's median square footage for active listings during the 2023-12-01 period was 1,891 sqft. One year prior, the average listing was 1,906 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
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 1,684 $506,620,000 $300,843
Refi 730 $178,280,000 $244,219
Home Improvement 570 $52,670,000 $92,404
Cash Out Refi 324 $79,350,000 $244,907
Other 276 $45,800,000 $165,942

Pittsfield's most frequently cited loan purpose was Home Purchase, with 1,684 originations. The 2nd most popular reason was Refi, with 730 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,288 $288,800,000 $224,224
4-5% 573 $155,535,000 $271,440
5-6% 484 $101,230,000 $209,153
2.5-3% 400 $108,150,000 $270,375
6-7% 235 $46,035,000 $195,894
<2.5% 143 $27,925,000 $195,280
Over 8% 45 $4,985,000 $110,778
7-8% 43 $7,045,000 $163,837

During 2022, Pittsfield's most frequently originated rate bucket was 3-4%, with 1,288 originations.

Loan Sizing (PITTSFIELD, MA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,103 $299,065,000 $271,138
$100k-200k 1,091 $161,915,000 $148,410
$100,000 or less 911 $45,875,000 $50,357
$400k-600k 283 $133,545,000 $471,890
$600k-1000k 133 $97,945,000 $736,429
$Over $1MM 63 $124,375,000 $1,974,206

PITTSFIELD's loan sizing saw the bucket of loans from $200k-400k with 1,103 originations, totaling $299,065,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 974 $272,080,000 $279,343
60-80% 832 $276,870,000 $332,776
Under 20% 557 $26,735,000 $47,998
20-40% 434 $53,140,000 $122,442
40-60% 394 $103,770,000 $263,376
Over 100% 14 $5,930,000 $423,571

PITTSFIELD's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 974 originations, totaling $272,080,000 in origination value.