Is Hopkinton, RI 02833 a buyer’s or seller’s market?
Hopkinton is a seller’s market. With about 1.1 months of supply and 67% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Hopkinton housing market right now
In the three months ending August 31, 2026, 67% of homes in Hopkinton, RI 02833 sold above their list price, the typical home went under contract in 7 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 75%, homes sold faster (29 days then) and the median sale price rose 21% to $499,784. Overall, Hopkinton is about as competitive as it was a year ago.
Within Washington County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 88%.
Nearby, buyers who want less competition could look at Kenyon 02836 (0% sold over asking) or Bradford 02808 (0% sold over asking), while Wood River Junction 02894 (100% sold over asking) is even more competitive.
Run the numbers for 02833
Nearby markets
Ashaway 02804Seller’s market $292 /sq ftBlock Island 02807Buyer’s market $1,056 /sq ftBradford 02808Seller’s market $328 /sq ftCarolina 02812 $316 /sq ft Browse all markets →Where Hopkinton is
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Questions about Hopkinton real estate
Is Hopkinton a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Hopkinton, RI 02833 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Hopkinton?
The typical home went under contract in 7 days in the latest three months.
Do homes in Hopkinton sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 104.0% of the list price.
What are property taxes in Hopkinton?
About 1.00% of a home’s value a year in Washington County, or roughly $4,000 on a $400,000 home.
What is the median home price in Hopkinton?
The median sale price was $499,784 in the three months ending August 31, 2026, about $214 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology