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Market Snapshot

Median listing price
$227K

The median listing price in Pittsfield, MA ZIP 01201 is $227,000 as of June 2026.

Median rent
$1,550/mo

The median market rent in Pittsfield, MA ZIP 01201 is $1,550/month as of June 2026.

Days on market
771 days

The median days on market in Pittsfield, MA ZIP 01201 is 771 days as of June 2026. The market is currently neutral.

Gross rental yield
8.19%

At a median list price of $227,000 and a median rent of $1,550/month, the gross rental yield in Pittsfield, MA ZIP 01201 is 8.19% as of June 2026.

STR vs LTR
$1,577/mo STR · $1,550/mo LTR

In Pittsfield, MA ZIP 01201, median Airbnb revenue is $1,577/month compared to median long-term rent of $1,550/month as of June 2026.

Pittsfield, MA 01201 Real Estate Market Report

ZIP Code: 01201

Report Date: June 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.


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.

Analysis Window
90 Days
Total Properties Analyzed
48
Active Listings
8
Sold Properties
40

Market Metrics

Median Listing Price
$227,000
Median Sold Price
$299,000
Median Price per Sqft
$195/sqft

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.


Rental Market

Median Market Rent
$1,550

Property Taxes

Property Tax Rate
1.53%

Liquidity & Velocity

Median Days on Market
771
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Pittsfield, MA are averaging 6.63%, which is higher than the 5.98% to 6.46% range observed earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market indicator, the median sold price, is 299,000, which anchors recent transaction-level value and signals where realized pricing is concentrating while price year-over-year trend is up.
  2. The median listing price is 227,000, creating a notable gap with recent sales that may indicate pricing friction between seller expectations and realized market transactions.
  3. Liquidity measures point to slower transaction velocity: the median days on market is 771, which suggests slower sales velocity and extended negotiation or time-to-close compared with typical market cycles.
  4. Market context is mixed: market temperature is reported as neutral, rent year-over-year trend is up, interest rate pressure is moderate, and Current 30-year fixed mortgage rates in Pittsfield, MA are averaging 6.63%, higher than the earlier 5.98% to 6.46% range—this combination may caution buyer affordability despite upward price and rent trends.

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.

Recent Transactions

89 Crofut St, Pittsfield, MA 01201
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

8 beds3 baths6,128 sqft
$1,000,000
Mar 1, 2026
$163/sqft/sqft
149 Kittredge Rd, Pittsfield, MA 01201
Market Benchmark

Sold at market average

3 beds2 baths2,140 sqft
$450,000
May 1, 2026
$210/sqft/sqft
396 days on market
153 Sherwood Dr, Pittsfield, MA 01201
Premium

Sold above market average

3 beds2 baths1,728 sqft
$449,000
May 1, 2026
$260/sqft/sqft
121 Edward Ave, Pittsfield, MA 01201
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,552 sqft
$285,000
Apr 1, 2026
$184/sqft/sqft
16 Leona Dr, Pittsfield, MA 01201
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,876 sqft
$285,000
Apr 1, 2026
$152/sqft/sqft
110 days on market
29 Murphy Pl, Pittsfield, MA 01201
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,044 sqft
$285,000
Mar 1, 2026
$273/sqft/sqft
251 days on market
728 W Housatonic St, Pittsfield, MA 01201
Value

Sold below market average

4 beds1 baths1,548 sqft
$105,000
Apr 1, 2026
$68/sqft/sqft
36 Beacon Ave, Pittsfield, MA 01201
Value

Sold below market average

1 beds1 baths680 sqft
$99,000
Apr 1, 2026
$146/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$435/mo
01201 Avg Rent
01201 Cost to Own
Rent$1,550
Own$1,985

20% down, 6.53% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

01201 Avg nightly rate
01201 Avg occupancy (days/year)
Nightly rate$153/night
Occupancy107 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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