Hopkinton, NH—03229
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hopkinton, NH
As of Oct '25, the median home price in Hopkinton, NH is $541,000, with a year-over-year change of 1.9%. This indicates that home prices in Hopkinton, NH are increasing. According to Zillow, the 1-year price projection is 4.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $541,000 | 1.9% |
| Single Family | $551,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $398,000 | 1.0% |
3 Bed | $535,000 | 2.7% |
4 Bed | $691,000 | 1.3% |
| 5 Bed | $803,000 | 0.6% |
% of Housing Stock
Rental Trends — Hopkinton, NH
As of July '25, Rentcast reports the average rent in Hopkinton, NH is $2,140, with a year-over-year rent change of 1.9%. Per bedroom, the median rent as of July '25 in Hopkinton, NH is 1-bedrooms: $1,950, 2-bedrooms: $1,880, 3-bedrooms: $2,850. The most common rental property sizes in Hopkinton, NH are 1-bedroom and 2-bedroom, accounting for 33.7% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,950 | $1,950 |
| 2 Bed Rent | $1,750 | $1,880 |
| 3 Bed Rent | $2,850 | $2,850 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hopkinton, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Hopkinton, NH is 63. This is a increase of 53.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $571,000 | -15.0% |
Listing Count | 18 | 21.0% |
| Listings as % of Homes | 0.3% | 21.0% |
Days on Market | 63 | 53.0% |
Demographics — Hopkinton, NH
As of the latest ACS Survey released in 2023, Hopkinton, NH has a population of 5,980, which has increased by 5.4% over the past 5 years. Hopkinton, NH is a moderately popular place for families, as children make up 18.7% of the population. The area has a highly educated workforce, with 57.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,980 | 5.4% |
% Under 18 | 18.7% | -7.0% |
% Seniors | 17.5% | -7.4% |
% WFH | 15.5% | 5.4% |
% w/ College Degree | 57.3% | 8.1% |
As of the latest ACS Survey released in 2023, Hopkinton, NH is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Hopkinton, NH is hispanic, making up 1.1% of the population. Foreign-born residents account for 1.8% of the population in Hopkinton, NH, and this percentage has decreased by 18.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.6% | -3.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 1.1% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.8% | -18.2% |
Mortgage and Risk — Hopkinton, NH
According to HUD data as of 2023, there were 117 mortgage originations in Hopkinton, NH, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Hopkinton, NH. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 117 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Hopkinton, NH
Hopkinton, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$770 | $1,950 | $1,180 |
| 2 Bedroom | -$200 | $1,750 | $1,550 |
| 3 Bedroom | -$800 | $2,850 | $2,050 |
| 4 Bedroom | N/A | N/A | $2,060 |
Affordability — Hopkinton, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $541,000 |
| Median Household Income | $130,000 |