Is Hopedale, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
Since last year, Hopedale has remained a Seller's Market.
Key Takeaway
Hopedale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Hopedale, MA cost?
Median Sold Price
$408,949
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
+$64,949(+18.9%)
Key Takeaway
Homes in Hopedale have sold for 18.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | $337K | +7.0% |
| 3 Bedrooms | $332K | $400K | +20.5% |
| 4 Bedrooms | $428.2K | $527.5K | +23.2% |
| 5+ Bedrooms | $517K | $550K | +6.4% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Mendon | +20.2% |
| Hopedale | +18.9% |
| Upton | +18.5% |
| Milford | +15.0% |
| Bellingham | +10.5% |
How many homes are available in Hopedale, MA?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 25 | 29 | +16.0% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3%  |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hopedale, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 17 Days | 18 Days | +8.8% |
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hopedale are selling fast, if you're buying plan to act quickly.
