Pittsfield, MA has an overall median housing value of $263,800, which is significantly lower than the US median value of $338,100. Despite this disparity in prices, Pittsfield has had a higher year-over-year appreciation rate for its housing than the rest of the nation - 16.87% versus 8.27% for the US as a whole. This strong appreciation rate indicates that Pittsfield's market is healthy and vibrant, making it an attractive place to invest in real estate.
The median home cost in Pittsfield is $263,800. Home appreciation the last 10 years has been 59.1%. Home Appreciation in Pittsfield is up 14.6%.
Average Age of Homes
- The median age of Pittsfield real estate is 70 years old
The Rental Market in Pittsfield
- Renters make up 35.9% of the Pittsfield population
- 1.6% of houses and apartments in Pittsfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.