Is Sheffield, MA 01257 a buyer’s or seller’s market?
Sheffield is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Sheffield housing market right now
In the three months ending August 31, 2026, 40% of homes in Sheffield, MA 01257 sold above their list price, the typical home went under contract in 66 days and there were 5.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (32 days then) and the median sale price rose 19% to $874,622. Overall, Sheffield is more competitive than a year ago, so tougher for buyers.
Within Berkshire County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell more often over asking than in 71%.
Nearby, buyers who want less competition could look at Drury 01343 (0% sold over asking) or Stockbridge 01262 (0% sold over asking), while South Lee 01260 (100% sold over asking) and Dalton 01226 (57% sold over asking) are even more competitive.
Run the numbers for 01257
Nearby markets
Adams 01220Seller’s market $193 /sq ftAshley Falls 01222Seller’s market $238 /sq ftBecket 01223Buyer’s market $258 /sq ftCheshire 01225Seller’s market $175 /sq ft Browse all markets →Towns like Sheffield nearby
Find towns like Sheffield in other states →Where Sheffield is
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Questions about Sheffield real estate
Is Sheffield a buyer’s or seller’s market?
A balanced market: there were 5.8 months of supply in Sheffield, MA 01257 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Sheffield?
The typical home went under contract in 66 days in the latest three months.
Do homes in Sheffield sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Sheffield?
About 1.32% of a home’s value a year in Berkshire County, or roughly $5,280 on a $400,000 home.
What is the median home price in Sheffield?
The median sale price was $874,622 in the three months ending August 31, 2026, about $299 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology