Hopkinton, IA52237

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$233,000
1.1% YoY Growth
Median Household Income
$83,600
3.5% 5-Year Growth
Days on Market
9
227.0% Longer than last year
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Hopkinton, IA

As of Oct '25, Realtor.com reports that the median days on market for a home in Hopkinton, IA is 9. This is a increase of 227.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$242,000-22.0%
Listing Count
350.0%
Listings as % of Homes0.5%50.0%
Days on Market
9227.0%
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Demographics — Hopkinton, IA

As of the latest ACS Survey released in 2023, Hopkinton, IA has a population of 1,530, which has decreased by -9.0% over the past 5 years. Hopkinton, IA is a popular place for families, as children make up 36.0% of the population. The area has a poorly educated workforce, with 11.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,530-9.0%
% Under 18
36.0%24.6%
% Seniors
11.9%67.6%
% WFH
4.0%-52.4%
% w/ College Degree
11.6%-5.7%
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Hopkinton, IA lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
97.9%3.3%
% Black
0.0%-100.0%
% Hispanic
0.9%-43.8%
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Hopkinton, IA

According to HUD data as of 2023, there were 140 mortgage originations in Hopkinton, IA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Hopkinton, IA. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
140
% Conventional Loans
97.0%
% Government Loans
3.0%
% Investor Loans
4.0%
% Second Loans
9.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Hopkinton, IA

Hopkinton, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
9
Total Units Section 8
5
% Rentals under Section 8
2.5%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$790
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,140
4 BedroomN/AN/A$1,430

Affordability — Hopkinton, IA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.6
Median Home Price$233,000
Median Household Income$83,600

Hopkinton, IA — ZIP Code Boundary Map

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Frequently Asked Questions