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These days, finding an affordable place to live in the Hopkinton area can be challenging. Home prices in Hopkinton are now at a median cost of $181,104, lower than the Iowa average of $226,062.
The average cost of rent is $564/mo in Hopkinton, primarily driven by the current value of real estate in the Hopkinton area. In Hopkinton, 13.51% of households rent, and 37.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hopkinton is $6,853 per month. Households that rent pay about 8.23% of their income on rent here. Hopkinton’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sand Springs, IA: equally priced homes
- Delhi, IA: higher priced homes
- Worthington, IA: higher priced homes
- Monticello, IA: equally priced homes
- Delaware, IA: equally priced homes
- Earlville, IA: equally priced homes
- Prairieburg, IA: higher priced homes
- Langworthy, IA: higher priced homes
- Dyersville, IA: higher priced homes
- Ryan, IA: higher priced homes
Cities with Similar Populations
- Goldston, NC: equally priced homes
- Summerland, CA: higher priced homes
- Sulphur Springs, AR: higher priced homes
- State Farm, VA: higher priced homes
- Kings Mountain, KY: less expensive homes
- Hosford, FL: less expensive homes
- Hillsboro, KY: higher priced homes
- Hanover, IL: less expensive homes
- Greenview, TX: higher priced homes
- Greens Fork, IN: equally priced homes
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