Market Overview
Home Prices in Hopkinton, MA
The median home value in Hopkinton, MA is $977,322 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.1% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hopkinton are priced138% above average. Hopkinton is part of the Boston-Cambridge-Newton, MA-NH metro area.
Over the past five years, Hopkinton home values have risen by approximately33.6%, reflecting strong long-term appreciation in this market.
Price History
Hopkinton Home Price Trend
City Comparison
Hopkinton vs. National Median
At $977,322, homes in Hopkinton cost 138% above the national median of $410,000. Buyers in Hopkinton should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hopkinton?
20% Down Payment
$195,464
on $977,322
Monthly P&I
$5,097/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,473/mo
incl. taxes & insurance
Income Needed
$258,920
gross annual (30% rule)
10% Down Option
$97,732
+ PMI applies
Loan Amount (20% dn)
$781,858
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hopkinton, MA?
The median home value in Hopkinton is $977,322 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.1% year-over-year.
How much have home prices changed in Hopkinton?
Over the past year, home values in Hopkinton have increased by 3.1%. Over five years, prices have risen approximately 33.6%.
How much do I need to earn to buy a home in Hopkinton?
To comfortably afford the median home price of $977,322 with a 20% down payment ($195,464) at today's rates (6.8%), you'd need a gross annual income of approximately $258,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Hopkinton compare to the national average home price?
The national median home value is approximately $410,000. At $977,322, homes in Hopkinton are 138% above the national average.
What metro area is Hopkinton part of?
Hopkinton is part of the Boston-Cambridge-Newton, MA-NH metropolitan area. Home prices and market conditions can vary across the broader metro region.