Home Values

Pittsfield Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Pittsfield is $117, which is lower than the Pittsfield Metro average of $164. The median price of homes currently listed in Pittsfield is $169,900 while the median price of homes that sold is $151,000. The median rent price in Pittsfield is $900, which is lower than the Pittsfield Metro median of $925.

Foreclosures will be a factor impacting home values in the next several years. In Pittsfield 1.8 homes are foreclosed (per 10,000). This is lower than the Pittsfield Metro value of 2.8 and also lower than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Pittsfield is 5.4%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Pittsfield homeowners underwater on their mortgage is 17.0%, which is higher than Pittsfield Metro at 13.8%.

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Relative ZHVI
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Pittsfield Market Overview

Data through Nov 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $169,900 Median listing price
  • No recent data Median sale price
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Pittsfield Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 17.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.8 homes Pittsfield
2.8 homes Pittsfield Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Stockbridge $381,600
Richmond $355,300
Town of Lenox $330,700
Name Median ZHVI
Town of Lee $215,500
Hinsdale $214,200
Lanesboro $208,400
Name Median ZHVI
Hancock $200,600
Cheshire $182,500
Dalton $162,800

Listings & Sales

Data through Nov 30, 2014
  • $117 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
15.9%
Sold below listing
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Pittsfield Rentals

Data through Nov 30, 2014
  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $900 Rent list price
  • No data Rent list price / sq ft
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