Mortgage payment estimates, closing cost breakdowns, and homebuying data for Pittsfield, Massachusetts.
Pre-filled with Pittsfield median home price and Massachusetts tax/insurance rates. Adjust for your property.
Estimated closing costs based on Massachusetts rates and fees applied to Pittsfield prices.
The median home price in Pittsfield is $295,000, 50% below the Massachusetts state median of $595,000. With a population of 43,927, Pittsfield is a smaller market where home prices tend to be more accessible than in many parts of Massachusetts.
Property taxes in Massachusetts average 1.2% annually. This moderate property tax rate means a $295,000 home in Pittsfield would carry roughly $295/month in property taxes. Homeowners insurance in Massachusetts runs approximately $2,200 per year. This is within the normal range nationally.
Average rent in Pittsfield is $1,350/month. The price-to-rent ratio in Pittsfield is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Pittsfield presents moderate affordability. The $295K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.