The story of this market
The typical home in ZIP 01748 sells for about $976,000, or $373 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $3,047 a month.
ZIP 01748 — Hopkinton
The 01748 housing market remains robust, driven by high demand for top-tier school districts and proximity to major employment hubs. While home values have appreciated significantly, the market is currently balanced by low inventory and a highly educated, stable resident base. Buyers should expect competitive conditions for well-maintained properties.
This ZIP is ideal for affluent families seeking top-tier public schools and professionals working in the Boston-Worcester tech corridor who prioritize suburban space and safety over urban density.
Median prices moved up 4.2% year over year.
Homes spend a median of 35 days on market with 2.1 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.2% · poverty 2.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 01748, Middlesex County MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Hopkinton consistently reports low crime rates, significantly lower than both the Massachusetts and national averages, making it one of the safer communities in the region.
The Hopkinton Public Schools district is highly regarded, consistently ranking among the top-performing districts in Massachusetts with strong academic outcomes and high graduation rates.
The area faces standard New England climate risks, including winter storms and occasional heavy rainfall; flood risk is localized to specific low-lying areas near water bodies.
Economic momentum is driven by proximity to the Greater Boston tech and life sciences corridors, with significant residential development and infrastructure improvements supporting a growing professional population.
Property taxes are assessed by the Town of Hopkinton based on fair market value; the town utilizes a single tax rate for all property classes, with no local option for commercial-specific exemptions.
Residents primarily commute by car via I-495 and the Massachusetts Turnpike (I-90) toward Boston and the I-495 tech belt; commuter rail access is available via nearby stations in Southborough or Ashland.
The area features extensive outdoor amenities including Hopkinton State Park, the start of the Boston Marathon, numerous hiking trails, and local golf courses, alongside a growing retail and dining scene in the town center.
The rental market is characterized by low vacancy rates and high demand, driven by the town's school quality and professional employment base; short-term rental presence is minimal.
The local economy is anchored by professional services, life sciences, and technology firms, benefiting from its strategic location between Boston and Worcester.
Transportation is heavily reliant on private vehicles, with major access provided by I-495 and I-90; public transit is limited to regional commuter rail connections in adjacent towns.
Development is focused on managed growth, with ongoing residential infill and commercial expansion near the town center and along major transit corridors.
The town's assessing department conducts annual property valuations to ensure assessments reflect current market conditions.
Parcels are subject to standard municipal taxes; no significant MUD or PID districts are present, though regional school and county assessments apply.
Property insurance premiums are stable, reflecting the area's low risk for major natural disasters compared to coastal regions.
Massachusetts continues to see net domestic out-migration, though high-income suburban areas like Hopkinton maintain strong demand from local relocations.
Massachusetts is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically provides a longer timeline for homeowners.
Massachusetts is a 'buyer beware' state, though sellers are required to disclose known material defects in the property.
Data retrieved from U.S. Census Bureau ACS 5-year estimates via Census Reporter and Datahood.ai.
- Supercharged Entertainment4.517.8 mi
- Apex Entertainment Marlborough4.48 mi
- Urban Air Trampoline and Adventure Park4.511 mi
- Dave & Buster's Natick4.310 mi
- Launch Family Entertainment Park Norwood4.218.9 mi
- Gillette Stadium4.617.3 mi
- Level99 Natick4.710 mi
- Supercharged Entertainment4.517.8 mi
- Apex Entertainment Marlborough4.48 mi
- DCU Center4.313.1 mi
- Southwick's Zoo4.711.2 mi
- Apex Entertainment Marlborough4.48 mi
- AMC Framingham 164.29.7 mi
- Blackstone Valley 14 Cinema de Lux4.411.9 mi
- Sri Lakshmi Temple4.86.2 mi
- New England Botanic Garden at Tower Hill4.713.1 mi
- Discovery Museum4.717.2 mi
- EcoTarium4.511.5 mi
- deCordova Sculpture Park and Museum4.718.6 mi
- American Heritage Museum4.912.3 mi
- Hopkinton State Park4.62.9 mi
- Cochituate State Park4.510.5 mi
- Garden in the Woods4.710.1 mi
- Green Hill Park4.612.4 mi
- Purgatory Chasm State Reservation4.810.7 mi
- Point Breeze4.219.9 mi
- Fore Kicks II Indoor & Outdoor Sports Complex4.67.6 mi
- Shining Rock Golf Club4.26.6 mi
- Cyprian Keyes Golf Club4.311.7 mi
- Juniper Hill Golf Course3.97.2 mi
- Highfields Golf & Country Club4.37 mi
- Natick Mall4.59.9 mi
- Solomon Pond Mall4.39.6 mi
- Boston Logan International Airport4.129.2 mi
- Worcester Regional Airport4.617 mi
- Park Shuttle & Fly4.529.5 mi
- The Lounge3.429 mi
- Boston Skydive Center521.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state park offering swimming, boating, and hiking trails.
The historic starting point of the annual Boston Marathon.
Private golf course and community hub.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.