The housing market in Hopkinton, NY is thriving. The median value of a house in the area is $102,800, which is significantly lower than the US median housing value of $338,100. This makes it an attractive option for those looking to buy a home in the area. Furthermore, house appreciation in Hopkinton has been increasing faster than the US rate over the last year with an impressive 10.77%, compared to 8.27%. This indicates that investing in real estate here could be a smart move as demand and prices are likely to continue rising.
The median home cost in Hopkinton is $102,800. Home appreciation the last 10 years has been 48.8%. Home Appreciation in Hopkinton is up 13.1%.
Average Age of Homes
- The median age of Hopkinton real estate is 51 years old
The Rental Market in Hopkinton
- Renters make up 7.6% of the Hopkinton population
- 1.3% of houses and apartments in Hopkinton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.