Pittsfield, MA 01201 Real Estate Market Report

ZIP Code: 01201
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. Median sold price $329,900 remains the primary indicator of market value in 01201 and suggests modest appreciation versus listing context; sellers should price competitively given the median listing price $337,450 gap and balanced seller expectations.

2. Median days on market 220 points to slower transaction velocity and may indicate pricing friction or longer decision cycles for buyers; agents should prioritize targeted marketing and staged pricing strategies to reduce days on market and accelerate liquidity.

3. Median price per square foot $223 provides a clear per-unit valuation benchmark for underwriting and comparative adjustments; investors and appraisers should use it as the primary unit metric when evaluating SFR and condo comps and standardizing offers.

4. Market context shows price trends are up and rent trends are up while market temperature is neutral and interest rate pressure is moderate; this mix suggests stable to slightly appreciating prices where pricing discipline matters—buyers face moderate financing headwinds while owners still see support in rental demand.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Pittsfield, MA 01201 Real Estate Market Report

ZIP Code: 01201
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The primary indicator, median sold price, is 346,400, which represents the transaction-level market value for single-family and condominium properties in Pittsfield (ZIP 01201) and should be used as the baseline for pricing and appraisal decisions.

2. With the price year-over-year trend reported as up and a median price per square foot of 218, recent sales suggest modest appreciation — sellers can pursue price guidance tied to 346,400 while buyers should expect limited but positive upward pressure on comparable values.

3. Market temperature is reported as neutral, which, combined with observed sales activity, appears to reflect balanced conditions where pricing friction may persist and transaction timing should be managed conservatively; this suggests pricing strategies that prioritize realistic offers and staged marketing rather than aggressive list premiums.

4. Rental dynamics show a median market rent of 1,900 with rent year-over-year trend up, while interest rate pressure is characterized as moderate, which may constrain some buyers’ purchasing power even as investor interest in rental income remains supported — prioritize underwriting stress tests and realistic financing scenarios when evaluating acquisitions.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.