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Hopkinton, MA

Full City Profile · Massachusetts · Norfolk County County

4.3 /5.0
A Great
3,142 Population 2,054/sq mi density
$173,750 Median Income $113,814 per capita
$601,900 Home Value $935,968 Zillow
$1,053 Median Rent 31.9% income on rent
48°F Avg Temperature 246 sunny days/yr
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.9 / 5.0
$173,750 median income, 2.8% unemployment
A+
Affordability
4.7 / 5.0
$601,900 home value, $1,053/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
66.8% bachelor's degree or higher

Housing Overview

Median Home Value
$601,900
114% above
US avg: $281,900
Median Rent
$1,053/mo
9% below
US avg: $1,163/mo
Homeownership Rate
80.1%
22% above US avg (65.4%)
Total Housing Units
1,304
Median year built: 1960

Home Value by Source

Census Median
$601,900
Zillow (ZHVI)
$935,968
Median Sale Price
$1,226,000
Median List Price
$899,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.1%
Owner-Occupied
19.9%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $1,053/mo · Zillow rent: $2,749/mo

Market Indicators (Redfin)

Median Days on Market
84 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
17.4%
of listings with price reduction
Price Per Sq Ft
$375
Active Inventory
23
homes for sale

Affordability & Housing Stock

Rent Burden
31.9%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
80.1%

Complete Housing Data

Home Values

Census Median Value$601,900
Zillow Home Value (ZHVI)$935,968
Median Sale Price$1,226,000
Median List Price$899,900
Price Per Sq Ft$375

Rent

Census Median Rent$1,053
Zillow Rent (ZORI)$2,749
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market84
Sale-to-List Ratio1.0%
Price Drops17.4%
Homes Sold5
Active Inventory23
Price Per Sq Ft$375

Ownership & Stock

Owner-Occupied80.1%
Renter-Occupied19.9%
Homeownership Rate80.1%
Total Housing Units1,304
Median Year Built1960
Rent Burden31.9%