$6,531 Closing Credit*
$549,977
2,550 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Real Estate Center
Is Hopkinton, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Hopkinton has remained a Seller's Market.
Key Takeaway
Hopkinton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hopkinton, RI
How much do homes in Hopkinton, RI cost?
Median Sold Price
$480,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,500(+13.1%)
Key Takeaway
Homes in Hopkinton have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Hopkinton was $480,000 in November 2024, up 13.1% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71.7K | - | N/A |
| 2 Bedrooms | $353K | $472K | +33.7% |
| 3 Bedrooms | $455K | $475K | +4.4% |
| 4 Bedrooms | $557.5K | $635.7K | +14.0% |
| 5+ Bedrooms | $390K | $509.9K | +30.8% |
Summary: Hopkinton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 30.8%.
Median Sold Price Compared To Nearby Cities
| Hope Valley | $434.9K | $549K | +26.2% |
| Hopkinton | $424.5K | $480K | +13.1% |
| Richmond | $427.5K | $427.5K | 0.0% |
Housing Supply in Hopkinton, RI
How many homes are available in Hopkinton, RI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 29 | -14.7% |
Summary: The Hopkinton real estate market had 29 homes for sale in November 2024, a 14.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hopkinton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hopkinton, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Hopkinton in November 2024, down by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Hopkinton, RI
How long does it take to sell a home in Hopkinton, RI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 59 Days | +132.5% |
Summary: Homes in Hopkinton had an average of 59 days on market in Nov 2024, up by 132.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hopkinton has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Hopkinton; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
