Hopkinton, MA 01748 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hopkinton, MA—01748

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$930,000

2.0% YoY Growth

Household Income

$204,000

23.0% YoY Growth

Days on Market

26.0% Longer YoY

Home Price Forecast

2.0%

Median Rent

$3,540

1.7% YoY Growth

1-Bed Rent

$2,480

0.4% YoY Growth

2-Bed Rent

$3,540

0.3% YoY Growth

3-Bed Rent

$3,900

2.5% YoY Growth

Home Price Trends — Hopkinton, MA

As of Dec '25, the median home price in Hopkinton, MA is $930,000, with a year-over-year change of 2.0%. This indicates that home prices in Hopkinton, MA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$930,000	2.0%
Single Family	$969,000	0.7%
Condos	$844,000	7.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hopkinton, MA

As of July '25, Rentcast reports the average rent in Hopkinton, MA is $3,520, with a year-over-year rent change of 1.7%. Per bedroom, the median rent as of July '25 in Hopkinton, MA is 1-bedrooms: $2,540, 2-bedrooms: $3,480, 3-bedrooms: $4,030, 4-bedrooms: $4,570. The most common rental property sizes in Hopkinton, MA are 1-bedroom and 2-bedroom, accounting for 41.1% and 31.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,540	$3,520
Studio Rent	N/A	N/A
1 Bed Rent	$2,480	$2,540
2 Bed Rent	$3,540	$3,480
3 Bed Rent	$3,900	$4,030
4 Bed Rent	$4,500	$4,570

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% of Rental Stock

1 Bedroom

41.1%

2 Bedrooms

31.6%

3 Bedrooms

17.8%

4 Bedrooms

6.0%

5+ Bedrooms

3.6%

Property Listings — Hopkinton, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Hopkinton, MA is 59. This is a increase of 43.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,240,000	10.0%
Listing Count	32	45.0%
Listings as % of Homes	0.3%	45.0%
Days on Market	81	26.0%

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Demographics — Hopkinton, MA

As of the latest ACS Survey released in 2023, Hopkinton, MA has a population of 19,000, which has increased by 10.9% over the past 5 years. Hopkinton, MA is a popular place for families, as children make up 28.9% of the population. The area has a highly educated workforce, with 75.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	19,000	10.9%
% Under 18	28.9%	7.4%
% Seniors	12.6%	14.5%
% WFH	32.2%	288.0%
% w/ College Degree	75.8%	10.5%

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As of the latest ACS Survey released in 2023, Hopkinton, MA is a predominantly white area, with 72.1% of the population identifying as white. The white population has shrunk by 14.1% in the last 5 years. The second most common race or ethnicity in Hopkinton, MA is asian, making up 17.4% of the population. Foreign-born residents account for 17.3% of the population in Hopkinton, MA, and this percentage has increased by 66.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	72.1%	-14.1%
% Black	0.7%	-61.1%
% Hispanic	3.2%	23.1%
% Asian	17.4%	79.4%
% Foreign Born	17.3%	66.3%

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Mortgage and Risk — Hopkinton, MA

According to HUD data as of 2023, there were 417 mortgage originations in Hopkinton, MA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Hopkinton, MA. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	417
% Conventional Loans	97.0%
% Government Loans	3.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Hopkinton, MA

As of 2024, the percent of homes in Hopkinton, MA under the Section 8 program is 12.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Hopkinton, MA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	137
Total Units Section 8	137
% Rentals under Section 8	12.4%
% Occupied Section 8	93.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$100	$2,480	$2,580
2 Bedroom	-$480	$3,540	$3,060
3 Bedroom	-$210	$3,900	$3,690
4 Bedroom	-$440	$4,500	$4,060

Hopkinton, MA—01748

Key Metrics at a Glance

Home Price Trends — Hopkinton, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hopkinton, MA

% of Rental Stock

Property Listings — Hopkinton, MA

Demographics — Hopkinton, MA

Race and Ethnicity

Mortgage and Risk — Hopkinton, MA

Mortgages

Rentals and Section 8 — Hopkinton, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Hopkinton, MA

Home Price to Income Ratio

Hopkinton, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Milford, MA

Fayville, MA

Ashland, MA

Southborough, MA

Upton, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$930,000
Median Household Income	$204,000

Hopkinton, MA—01748

Key Metrics at a Glance

Home Price Trends — Hopkinton, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hopkinton, MA

% of Rental Stock

Property Listings — Hopkinton, MA

Demographics — Hopkinton, MA

Race and Ethnicity

Mortgage and Risk — Hopkinton, MA

Mortgages

Rentals and Section 8 — Hopkinton, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Hopkinton, MA

Home Price to Income Ratio

Hopkinton, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Milford, MA

Fayville, MA

Ashland, MA

Southborough, MA

Upton, MA

Frequently Asked Questions

What is the average home price in Hopkinton, MA 01748?

How have home prices in Hopkinton, MA 01748 changed over the past year?

What is the home price projection for Hopkinton, MA 01748?

What are the demographics of Hopkinton, MA 01748?

How long does it take homes to sell in Hopkinton, MA 01748?

What is the average rent price in Hopkinton, MA 01748?