Pittsfield, MA Housing Market
AI-powered market intelligence for the Pittsfield, MA metro area.
PropertyIQ Scores
Pittsfield, MA Market Analysis
Market Overview
Pittsfield’s housing market reads as moderate, with a PropertyIQ Score of 71 out of 100. The score is shaped by drivers including 12-month home value momentum of 6.86%, three-month home value momentum of -0.22%, a median of 56 days on market, and a 14.7% share of listings with a price cut. The positive 12-month figure, steady sales pace, and relatively modest price-cut share suggest underlying stability, while the negative three-month momentum and a -$5 year-over-year median home value change point to recent cooling. Compared with state benchmarks, the median home value of $395,329 is well below the Massachusetts average of $669,053, giving Pittsfield a clear price-level advantage.
The rental side looks comparatively strong. The rent index of $1,753 is slightly above the state average of $1,687, even though local home values are far lower than the state norm. That combination may reflect steady tenant demand or constrained rental supply. Economic indicators are mixed: unemployment is 4.8%, modestly above the 4.4% state average, and median household income is $72,565, well below the state average of $101,341. Population growth data is not available, so any demographic-driven demand story remains incomplete.
Key Trends
The clearest trend is cooling home price momentum. The 12-month home value momentum of 6.86% shows longer-term appreciation, but the three-month figure of -0.22% and the -$5 year-over-year median home value change point to flattening or slightly negative recent movement. This suggests a shift from appreciation toward a more neutral or mildly cooling phase.
A second trend is relative rental strength. The rent index of $1,753 exceeds the state average of $1,687, while the median home value of $395,329 is $273,724 below the state average of $669,053. Rents are not discounted at the same rate as home prices, which may signal solid rental demand or limited rental supply.
A third trend is a balanced sales pace. With 569 homes for sale, a median of 56 days on market, and 14.7% of listings with a price cut, the market is moving at a moderate clip. These figures do not suggest a distressed market, but they also do not point to intense bidding conditions.
A fourth trend is an affordability gap. Median household income of $72,565 is $28,776 below the state average of $101,341, and the unemployment rate is slightly higher. Pittsfield’s lower home values help offset that gap, but local purchasing power remains more constrained than the statewide average would imply.
Who Is This Market For
Pittsfield suits first-time buyers and value-seeking households looking for a lower Massachusetts purchase price. The median home value of $395,329 is well below the state average of $669,053, and 56 days on market gives buyers some time to evaluate properties without extreme urgency. However, with median household income of $72,565, buyers should plan carefully around financing.
The market also fits rental property investors. The rent index of $1,753 is above the state average of $1,687, while purchase prices are far lower than the Massachusetts norm. That price-to-rent relationship, combined with a 14.7% share of listings with price cuts, may offer negotiation opportunities. Unemployment of 4.8% is only slightly above the state average, supporting a reasonably stable tenant base.
Move-up buyers may find less urgency here. Cooling three-month momentum of -0.22% and a -$5 year-over-year median home value change reduce short-term equity growth expectations. Without population growth data, buyers looking for a clear demographic tailwind will not find that signal in this dataset.
Outlook
The near-term outlook is steady but cooling. The 12-month home value momentum of 6.86% supports recent appreciation, while the three-month momentum of -0.22% and the -$5 year-over-year median home value change point to flattening prices. With 569 homes for sale, 56 days on market, and a 14.7% price-cut share, supply and demand appear relatively balanced. The rental market may remain the stronger segment, given a rent index of $1,753 above the state average of $1,687. Economic conditions—unemployment at 4.8% and median household income of $72,565—are likely to keep demand moderate rather than speculative. Because population growth data is not available, long-term demand remains uncertain. The data supports a cautious but not negative outlook: stable activity, cooling price momentum, and relative rental strength.
AI-generated analysis based on current market data. Last updated August 19, 2026.
Get Pittsfield, MA market updates
Choose your role for tailored insights.
Pittsfield, MA market data
Pittsfield, MA Housing Market Overview
Pittsfield, MA's median home value is $395K, up 6.9% over the past year. Homes here sell in a median 56 days. Its PropertyIQ Score of 71 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.
The Pittsfield, MA metro area is one of 900+ US metropolitan markets that PropertyIQ scores each month. A single PropertyIQ Score blends Zillow price momentum with Realtor.com market-flow signals to estimate 3-year excess appreciation versus the market's state — showing not just where prices stand today, but how the market is positioned relative to its peers.
New England's housing market is shaped by historic density, prestigious universities, and a mature healthcare and biotech economy. Markets here tend toward stability, with slower but steady appreciation driven by constrained supply and strong institutional demand. Within the New England, Pittsfield, MA's PropertyIQ Score of 71 ranks among the New England's stronger demand signals.
For the Pittsfield, MA market, PropertyIQ calculates a single score each month from four inputs: twelve-month Zillow home-value momentum, three-month Zillow home-value momentum, median days on market from Realtor.com, and the Realtor.com price-reduced share. The score is computed nationally across all metros and calibrated so 50 equals the state average. Across the validation history, metro markets in the top score band have outperformed their state by roughly 1.7 percentage points more per year than bottom-band markets. Momentum here has been positive, with home values up 6.9% over the past year.
View Pittsfield, MA's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.
Counties in the Pittsfield, MA metro area
ZIP codes in the Pittsfield, MA metro area
View all 29 →Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Pittsfield, MA a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Pittsfield, MA currently scores 71, a rising-momentum reading that leaves it positioned to outperform its state over the next three years. For buyers, strengthening demand usually means rising competition and firmer prices, so waiting can cost you negotiating room. Backing that up, the median home value here is $395K, up 6.9% over the past year. So whether Pittsfield, MA is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Pittsfield, MA?
Pittsfield, MA's PropertyIQ Score is 71, indicating rising momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 71 places Pittsfield, MA above its state benchmark.
Are home prices in Pittsfield, MA rising or falling?
Home prices in Pittsfield, MA are rising. Over the past year, the median home value increased 6.9%, reaching $395K. Over the latest three months, values slipped 0.2%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Pittsfield, MA's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Pittsfield, MA?
In Pittsfield, MA, homes sell in a median of 56 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 15% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Pittsfield, MA market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.