The story of this market
The typical home in ZIP 01247 sells for about $250,000, or $236 per square foot.
Prices are up +1.6% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,680 a month.
ZIP 01247 — North Adams
The North Adams housing market is currently stable, characterized by a median sale price of $250,000 and moderate inventory levels. Market activity is driven by local demand and the area's cultural appeal, though price growth remains modest compared to broader regional trends. Data for specific metrics like historical tax trends are limited to recent published figures.
This ZIP is well-suited for budget-conscious buyers, outdoor enthusiasts, and those seeking a small-city lifestyle with access to cultural and natural amenities.
Median prices moved up 1.6% year over year.
Homes spend a median of 64 days on market with 6.0 months of supply — a balanced-paced market.
2% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 18.6% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 01247, Berkshire County, MA
North Adams generally experiences crime rates consistent with small post-industrial cities in the region, with property crime being the primary concern.
Public schools in North Adams are part of the North Adams Public Schools district, which serves the local community with a mix of elementary and secondary options.
The area is situated in a mountainous region with potential for localized flooding near the Hoosic River and typical New England winter weather risks.
Economic momentum is driven by the presence of MASS MoCA and local educational institutions, with ongoing efforts to revitalize the downtown area.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Commuting is primarily car-dependent, with access to major regional routes like Route 2 providing connections to the broader Berkshires and neighboring states.
The area offers significant outdoor recreation including proximity to Mount Greylock State Reservation, local parks, and the cultural amenities of MASS MoCA.
The rental market is characterized by high demand for affordable units, with limited new inventory and a mix of long-term residents and students.
The economy is anchored by tourism, arts and culture, and local government/education sectors.
Public transit is limited, relying on regional bus services connecting North Adams to other Berkshire County towns.
Development is focused on adaptive reuse of historic mill buildings for commercial and residential use.
The City of North Adams Assessor's office manages property valuations for tax purposes.
Parcels are subject to municipal taxes and regional school district assessments.
Property insurance premiums are influenced by regional wildfire and flood risk assessments common to Western Massachusetts.
Data retrieved from US Census Bureau and Data USA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
One of the largest centers for contemporary visual and performing arts in the United States.
Features the highest point in Massachusetts with extensive hiking trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.