Mortgage Rates in Pittsfield, Massachusetts — March 2026
Updated March 2026 | Based on Pittsfield market data and regional lending conditions
Pittsfield is a growing city in Massachusetts with a population of 42,514. The current 30-year fixed mortgage rate in Pittsfield is 6.62%, which is 0.03% below the national average. With a median home price of $484,000 and a 20% down payment of $96,800, homebuyers can expect a monthly principal and interest payment of approximately $2,478.
Current Mortgage Rates in Pittsfield, MA
Below are the current average mortgage rates available in the Pittsfield area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.62% | 6.65% | -0.03% |
| 15-Year Fixed | 5.89% | 5.89% | 0% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.44% | 6.25% | +0.19% |
| VA | 6.19% | 6.05% | +0.14% |
| Jumbo | 6.87% | 6.85% | +0.02% |
Pittsfield Housing Market Overview
The Pittsfield housing market reflects moderate demand with prices near the national average. The median household income in Pittsfield is $77,700, and the cost of living index is 127.6 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $125,914 to comfortably afford the median-priced home in Pittsfield, which exceeds the current median household income.
Monthly Payment Breakdown for Pittsfield
Based on the median home price of $484,000 with 20% down ($96,800), here is what you can expect to pay monthly in Pittsfield:
15-Year vs. 30-Year Mortgage in Pittsfield
Choosing a 15-year mortgage in Pittsfield at 5.89% instead of a 30-year at 6.62% would save you $308,160 in total interest over the life of the loan. However, your monthly payment would be $3,244 instead of $2,478 — an increase of $766 per month.
Calculate Your Pittsfield Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Pittsfield
What are the current mortgage rates in Pittsfield, MA?
As of March 2026, the average 30-year fixed mortgage rate in Pittsfield, Massachusetts is 6.62%, while the 15-year fixed rate is 5.89%. FHA loans average 6.44% and VA loans 6.19%. These rates are 0.03% below the national average of 6.65%.
How much is a monthly mortgage payment in Pittsfield?
Based on the median home price of $484,000 with 20% down, the estimated monthly mortgage payment in Pittsfield is $2,478 for principal and interest. Including property taxes of $460/month, the total monthly housing cost is approximately $2,938.
What income do I need to buy a home in Pittsfield?
Using the 28% rule, you would need an annual income of approximately $125,914 to afford the median-priced home in Pittsfield at $484,000. The median household income in Pittsfield is $77,700. This means most households would need to either earn above the median or consider homes below $484,000.
Is Pittsfield a good place to buy a home in 2026?
Pittsfield has a higher cost of living than average with a cost of living index of 127.6 (national average = 100). The property tax rate in Massachusetts is 1.14%, which is near the national average. Pittsfield has a population of 42,514 and offers a balanced lifestyle.
Mortgage Rates in Other Massachusetts Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Pittsfield, Massachusetts area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.