Home Insurance in North Adams, Massachusetts
The median home value in North Adams is $195,900, 36% lower than the Berkshire County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The median home in North Adams was built in 1939 or earlier. About 73% of homes were built before 1960, about 17 points above Berkshire County's 56%.
In North Adams, the housing stock is 44% single-family homes, 23% apartments in buildings with 5+ units and 3% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 57% of owner-occupied homes in North Adams have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
North Adams has an owner-occupancy rate of 51% and a vacancy rate of 15%; unoccupied homes typically need a different coverage form.
56% of homes in North Adams are primarily heated with natural gas. Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near North Adams? FEMA's National Risk Index points to inland flooding (Relatively Moderate) in Berkshire County and Berkshire County had 529 active NFIP flood policies as of September 2026. See the full Berkshire County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in Massachusetts is $2,134 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $195,900 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 51% |
| Share of owner-occupied homes with a mortgage | 57% |
| Top county hazard | Inland Flooding (Relatively Moderate) |
| Active NFIP policies in Berkshire County | 529 |
| Home insurance premium | $2,134 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)