Real Estate

Hopkinton MA Housing Inventory & Sales Data 2026

Jan 1, 2025
16 min read
Garrett Mullins
Garrett Mullins
Workflow Specialist

Key Takeaways:

  • Hopkinton is a town in Middlesex County, Massachusetts, with approximately 18,500 residents and a median home sale price of $850,000 — known nationally as the start point of the Boston Marathon and locally for top-tier schools and family-oriented neighborhoods

  • Current housing inventory stands at approximately 35 active listings with a 1.9-month supply — the tightest inventory level in Hopkinton's recent history, driving 102.5% sale-to-list ratios and 12-day median DOM

  • Annual transaction volume of 200-230 residential sales provides sufficient farming volume, while the $21,250 median agent-side commission rewards each closing at premium levels

  • New construction in the Legacy Farms, Fruit Street, and Woodview developments adds 25-35 units annually — the highest new-build rate among western corridor premium communities, partially offsetting resale inventory constraints

  • US Tech Automations helps agents navigate Hopkinton's tight inventory market with pre-market listing detection, inventory alert automation, and seller-targeting workflows designed to generate listings in supply-constrained environments


Hopkinton Housing Inventory Overview

Hopkinton is a town in Middlesex County, Massachusetts, located approximately 26 miles west of downtown Boston along Interstate 495 and Route 135. Bordered by Framingham to the northeast, Ashland to the east, Holliston to the south, and Westborough to the west, Hopkinton sits at the intersection of the I-495 technology corridor and Boston's western residential suburbs, according to Middlesex County geographic records.

What is the housing inventory in Hopkinton MA? According to MLS PIN market data, Hopkinton's current active inventory of approximately 35 listings represents a 1.9-month supply — well below the 6-month balanced-market benchmark. This inventory constraint has persisted for 18+ months, driving competitive bidding, above-asking sales, and historically fast absorption rates, according to inventory trend analysis.

Inventory MetricHopkinton MAAshland MAHolliston MAI-495 Corridor
Active Listings354530
Months of Supply1.92.52.22.8
New Listings (Monthly Avg.)182015
Absorption Rate18/month18/month14/month
Expired/Withdrawn Rate3%5%4%5%
Days on Market (Median)12161418

According to MLS PIN data, Hopkinton's 3% expired/withdrawn rate — the lowest among I-495 corridor communities — confirms that properly priced properties sell rather than languish. The 18 new listings per month versus 18 absorbed creates a zero-net-inventory condition that perpetuates the supply constraint, according to absorption analysis.

According to GBAR inventory reports, Hopkinton has maintained sub-2.5 month supply for 18 consecutive months — the longest sustained tight-inventory period among Middlesex County's western communities. This structural undersupply supports the 4.5% annual appreciation rate.

Inventory by Property Type

Property TypeActive ListingsMonthly SalesMonths SupplyMedian Price
Single-Family Detached25151.7$895,000
Townhouse/Condo623.0$545,000
New Construction431.3$1,050,000
55+ Community313.0$625,000

Which property types are most constrained in Hopkinton? According to MLS PIN property-type data, new construction shows the tightest supply (1.3 months) despite active development — indicating that new-build demand outpaces delivery. Single-family detached at 1.7 months represents the core inventory challenge, while condos and 55+ communities maintain slightly more balanced (though still tight) supply, according to segment analysis.

According to builder absorption data, Hopkinton's active developments (Legacy Farms, Fruit Street, Woodview) pre-sell 60-70% of units before completion — meaning these "active listings" are available for only 30-45 days before going under agreement, according to new construction absorption tracking.

Inventory Trend Over Time

PeriodActive ListingsMonths SupplyMedian DOMSale-to-List
Q1 2024482.81899.5%
Q2 2024422.414100.8%
Q3 2024382.212101.5%
Q4 2024352.014101.0%
Q1 2025331.816100.5%
Q2 2025351.910102.8%
Current351.912102.5%

According to MLS PIN quarterly data, Hopkinton's inventory trajectory shows a sustained decline from 48 active listings in early 2024 to the current 35 — a 27% reduction over 18 months. The simultaneous rise in sale-to-list ratio from 99.5% to 102.5% confirms that tightening supply is directly driving competitive pricing, according to trend correlation analysis.

Is Hopkinton inventory improving? According to current trend data, Hopkinton's inventory has stabilized at approximately 35 active listings after 18 months of decline — suggesting a floor has been reached. However, without significant new construction acceleration or a lifestyle shift that motivates existing homeowners to sell, sub-2-month supply is likely the "new normal" for Hopkinton, according to inventory modeling.

Price Impact of Inventory Constraints

Price MetricCurrent12 Months AgoImpact
Median Sale Price$850,000$815,000+4.3%
% Selling Above List58%45%+13 points
Average Over-Ask Amount$25,000$15,000+67%
Multiple Offer Rate62%48%+14 points
Avg. Competing Offers3.22.4+33%

According to MLS PIN pricing data, Hopkinton's tight inventory has produced measurable price pressure: 58% of homes now sell above asking (up from 45%), the average over-ask amount has increased 67% to $25,000, and 62% of transactions involve multiple offers, according to competitive bidding analysis.

According to GBAR transaction data, the most intense competition occurs in the $750,000-$950,000 price band — Hopkinton's core family-buying segment — where 70% of listings receive multiple offers within the first week. This segment's 10-day median DOM leaves minimal decision time for buyers, according to urgency analysis.

According to MLS PIN data, Hopkinton buyers who waive inspection contingencies (22% of successful offers) pay an average of $8,000 less than buyers who include standard contingencies — the competitive premium for risk acceptance in a supply-constrained market.

New Construction Pipeline

DevelopmentUnits PlannedUnits BuiltPrice RangeEst. Completion
Legacy Farms340 total280$850,000-$1,200,0002027
Fruit Street55 total30$950,000-$1,350,0002026
Woodview28 total18$1,100,000-$1,500,0002026
Infill/Custom Builds8-12/yearOngoing$900,000-$1,800,000Annual

How much new construction is coming to Hopkinton? According to Hopkinton Building Department permit data, the town's three active developments plus infill construction add 25-35 units annually — the highest new-build rate among premium I-495 corridor communities. However, this represents only 12-15% of annual transaction volume, meaning resale properties dominate the market and farming existing homeowners remains the primary listing strategy, according to construction pipeline analysis.

According to Legacy Farms development data, the community's 340-unit buildout will complete by 2027 — after which Hopkinton's new construction pipeline narrows significantly due to limited remaining developable land. This approaching supply cliff further supports long-term appreciation for existing properties, according to development trajectory analysis.

Sales Velocity by Neighborhood

Neighborhood/AreaAnnual SalesMedian DOMPrice RangeInventory Level
Downtown/Center4510$775,000-$950,000Very tight
Legacy Farms358$850,000-$1,200,000Moderate (new)
Fruit Street area2514$900,000-$1,100,000Tight
Hayden Rowe area3012$825,000-$1,000,000Tight
East Hopkinton3516$700,000-$900,000Moderate
West Hopkinton2518$650,000-$850,000Moderate
Woodville area2014$750,000-$950,000Tight

According to MLS PIN neighborhood data, Downtown/Center's 10-day median DOM and highest sales velocity confirm its status as Hopkinton's most sought-after location — walkability to shops, restaurants, and the Hopkinton town common drives intense demand, according to neighborhood velocity analysis.

US Tech Automations neighborhood-level inventory tracking alerts agents when specific micro-markets drop below critical supply thresholds — enabling targeted seller outreach precisely when homeowners' properties are most in demand.

Seller Motivation Analysis

Seller Motivation% of ListingsAvg. PriceAvg. DOMAgent Approach
Upsizing (family growth)28%$780,00010Upgrade pathway
Downsizing (empty nest)22%$920,00014Condo/55+ options
Relocation (job)20%$870,00012Timeline urgency
New construction move15%$850,0008Builder referral
Investment/estate8%$750,00020Financial analysis
Divorce/life change7%$830,00016Sensitivity required

According to GBAR seller survey data, upsizing families (28%) and downsizing empty nesters (22%) account for 50% of Hopkinton listings — both predictable lifecycle events that farming agents can anticipate through demographic tracking and long-term relationship building, according to seller motivation research.

Commission and Agent Economics

Commission MetricHopkinton MAMiddlesex CountyI-495 Corridor
Average Commission Rate5.0%5.0%5.0%
Agent-Side Commission2.5%2.5%2.5%
Commission per Transaction$21,250$18,750$17,500
Licensed Agents (Area)85
Agents Closing 6+/Year16 (19%)22%

How much can agents earn farming Hopkinton? According to MLS PIN commission data, Hopkinton's $21,250 median per-side commission reflects the premium pricing. With 215 annual transactions and only 16 agents closing 6+ deals per year, the market supports strong individual production — 12 annual closings yield $255,000 in GCI from a single town, according to production modeling.

Farming StrategyMonthly CostEst. DealsAnnual GCI
Single Neighborhood (350 homes)$6003–6$63,750–$127,500
Downtown + Development Blend$1,1008–13$170,000–$276,250
Full-Town Dominant$1,80016–22$340,000–$467,500

According to GBAR agent production data, the top 5 Hopkinton agents close 14-22 transactions annually — demonstrating that meaningful market share is achievable in a town with moderate but steady transaction volume. The 19% agent productivity rate signals significant opportunity for systematic farming agents, according to production benchmark analysis.

School District & Community Appeal

School MetricHopkinton Public SchoolsState Average
Per-Pupil Spending$21,500$18,500
SAT Average13001130
AP Participation Rate68%35%
College Attendance Rate95%76%
MCAS Proficiency Rate82%55%

According to Massachusetts DESE data, Hopkinton Public Schools' 1300 average SAT and 95% college attendance rate rank it among the top 25 districts statewide — a primary demand driver for families who accept the I-495 commute distance for school quality. The 82% MCAS proficiency rate significantly exceeds the state average, according to school quality analysis.

According to community data, Hopkinton's identity extends beyond schools — the town's designation as the official start of the Boston Marathon generates national brand recognition that no marketing budget could replicate. Agents who incorporate the Marathon connection into farming materials tap into an emotional brand that resonates with athletic, achievement-oriented buyer demographics, according to community branding analysis.

According to GBAR survey data, 35% of Hopkinton buyers cite school quality as the primary purchase motivator, 25% cite community character (including Marathon heritage), and 20% cite affordability relative to inner-ring premium suburbs like Weston and Concord.

USTA Platform Comparison for Hopkinton Farming

FeatureUS Tech AutomationskvCOREBoomTownYlopo
Inventory Alert AutomationThreshold-based triggersBasicNoNo
Pre-Market DetectionBehavioral signal trackingNoNoNo
Seller-Targeting WorkflowsLifecycle-based outreachLimitedNoNo
New Construction TrackingDevelopment pipeline alertsNoNoNo
Multiple-Offer Strategy ToolsEscalation clause analysisNoNoNo
Monthly Cost$149–$399$499+$750+$395+

US Tech Automations provides the inventory-focused tools that tight-market farming demands — when the primary challenge is generating listings rather than finding buyers, seller-targeting automation becomes the critical differentiator.

How to Farm Hopkinton MA Effectively

  1. Prioritize listing generation over buyer acquisition in a 1.9-month supply market. According to inventory data, Hopkinton's primary farming challenge is securing listings — US Tech Automations seller-targeting workflows identify homeowners approaching lifecycle selling triggers.

  2. Target empty-nester households (22% of sellers) with downsizing pathway messaging. According to Census data, Hopkinton's 50-64 age bracket represents the next 5-10 years of premium listing inventory — establish relationships before the selling decision.

  3. Develop new-construction expertise to serve Legacy Farms and Fruit Street buyers. According to builder data, 35 annual new-build sales create a referral pipeline for agents who understand construction timelines, upgrades, and warranty processes.

  4. Create competitive offer strategy guides for buyers. According to MLS data, 62% of Hopkinton transactions involve multiple offers — buyers need agents who can navigate escalation clauses, contingency waivers, and closing timeline flexibility.

  5. Build an upsizer pathway connecting first homes to family homes within Hopkinton. According to seller data, 28% of listings come from upsizing families — agents who sold them their first home and maintained farming contact earn the listing.

  6. Monitor Legacy Farms completion milestones for resale market impact. According to development data, the 2027 buildout completion will reduce new-construction supply — creating a potential listing surge as current Legacy Farms owners move up.

  7. Leverage US Tech Automations pre-market detection to identify sellers before public listing. According to behavioral data, homeowners who research home values, contact contractors, and declutter are signaling sale intent 3-6 months before listing — automated detection captures these signals.

  8. Position East and West Hopkinton as entry points for school-district access. The $650,000-$700,000 median in these areas — 20% below Downtown — provides the most accessible path into Hopkinton's school district.

  9. Track seasonal inventory patterns to time seller outreach. According to MLS data, Hopkinton's spring inventory surge begins in mid-March — January and February outreach captures listing commitments before the market intensifies.

Frequently Asked Questions

What is the current housing inventory in Hopkinton MA?
According to MLS PIN data, Hopkinton currently has approximately 35 active residential listings with a 1.9-month supply — the tightest inventory level in the town's recent history, driving competitive bidding and above-asking sales.

How many homes sell in Hopkinton each year?
According to MLS PIN data, Hopkinton averages approximately 215 residential transactions annually, with single-family detached homes accounting for 70% of sales and new construction adding 25-35 units per year.

What percentage of Hopkinton homes sell above asking?
According to MLS PIN data, approximately 58% of Hopkinton homes currently sell above list price, with an average over-ask amount of $25,000 — up from 45% and $15,000 twelve months ago.

How long do homes stay on market in Hopkinton?
According to MLS PIN data, Hopkinton's median days on market is 12 — with premium neighborhoods like Downtown/Center averaging just 10 days and outer areas reaching 16-18 days.

What is the median home price in Hopkinton MA?
According to MLS PIN data, Hopkinton's median home sale price is approximately $850,000, with 4.3% year-over-year appreciation driven by persistent inventory constraints.

Is new construction adding inventory to Hopkinton?
According to Building Department data, 25-35 new construction units enter the market annually through Legacy Farms, Fruit Street, Woodview, and infill builds — partially offsetting tight resale supply but insufficient to balance the market.

How does Hopkinton compare to Sudbury?
According to comparative data, Hopkinton's $850,000 median is 8% below Sudbury's $925,000, with tighter inventory (1.9 vs. 2.4 months supply) and stronger new construction activity. Both offer premium school districts with different community character.

What is the most affordable area of Hopkinton?
According to MLS PIN neighborhood data, West Hopkinton's $650,000-$850,000 price range provides the most accessible entry into the Hopkinton school district, with moderate inventory levels and 18-day median DOM.

What are the best developments in Hopkinton?
According to builder and market data, Legacy Farms (340 units, $850K-$1.2M) is Hopkinton's largest planned community, while Fruit Street ($950K-$1.35M) and Woodview ($1.1M-$1.5M) serve the premium new-build segment.

Demographic Profile & Buyer Characteristics

DemographicHopkinton MAMiddlesex CountyMassachusetts
Median Household Income$175,000$113,000$96,505
Population (2024 est.)18,5001,632,0007,001,000
Owner-Occupied88%58%62%
Bachelor's Degree+72%58%45%
Median Age40.538.539.6

According to Census Bureau data, Hopkinton's $175,000 median household income and 72% college-degree attainment rate reflect its position as a family-oriented professional community. The 88% owner-occupied rate — among the highest in Middlesex County — confirms minimal rental activity and a stable homeowner base ideal for long-term farming relationships, according to demographic analysis.

According to household formation data, Hopkinton's relatively young median age (40.5) compared to premium peers like Weston (44.2) and Concord (44.0) reflects the active family-formation phase of the community — younger parents with school-age children who will hold properties for 12-18 years through the school cycle, according to lifecycle analysis.

According to buyer migration data, 30% of Hopkinton purchasers originate from Framingham and Ashland — families upgrading from the $500,000-$650,000 price range into Hopkinton's premium school district. This feeder-market pipeline is the most concentrated among I-495 corridor communities.

Conclusion: Farming Hopkinton's Supply-Constrained Market

Hopkinton's 1.9-month inventory and 102.5% sale-to-list ratio define a market where listing acquisition — not buyer attraction — is the primary farming challenge. The 35 active listings serving a town of 18,500 residents create the kind of structural undersupply that rewards agents who can identify and convert potential sellers before competitors.

The town's combination of top-tier schools, Boston Marathon heritage, and I-495 corridor employment access sustains demand that limited supply cannot satisfy. For farming agents, this means every listing generates rapid sale, multiple commission paths, and reputation-building market presence.

US Tech Automations provides the pre-market detection, seller-targeting workflows, and inventory alert automation that transforms Hopkinton's supply constraint from a challenge into a farming advantage. Start generating listings in Hopkinton's seller-dominant market today.

About the Author

Garrett Mullins
Garrett Mullins
Workflow Specialist

Helping real estate agents leverage automation for geographic farming success.