Foreclosure Homes in Hopedale, MA

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View this home at Laurelwood Dr # A Hopedale MA 01747
Laurelwood Dr # A
Hopedale, MA 01747
AUCTION: 05-08-2024
5 View this home at Laurelwood Dr # No Hopedale MA 01747
Laurelwood Dr # No
Hopedale, MA 01747
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AUCTION: 05-08-2024
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Hopedale, MA Foreclosures

How much do homes sell for in Hopedale, MA?
The average home price is currently $485,735.
In Hopedale, MA, how many homes are available?
There are currently 2,158 active home listings available in Hopedale.
What’s the average rental cost in Hopedale, MA?
The average rental price in Hopedale is $1,881.
What is the most expensive home in Hopedale, Massachusetts?
The most expensive home sold in Hopedale had a price of $4,200,000.
What is currently the cheapest priced home in Hopedale, MA?
The cheapest home for sale in Hopedale is priced at $147,862.

Home Value Estimator For Hopedale, MA

There are currently 2,158 real estate properties in Hopedale, MA, with a median automated valuation model (AVM) price of $449,232.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hopedale, MA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hopedale, MA, is $485,735.00, with the most expensive house in Hopedale, MA, topping out at $4,200,000.00 and the cheapest home in Hopedale, MA, clocking in at $147,862.00. In other words, there’s something for every potential homebuyer or savvy investor in Hopedale, MA!

Rent Prices In Hopedale, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hopedale, MA, is on a rollercoaster ride. The average rent price in Hopedale, MA, is $1,881.00. Indeed, when looking to rent in Hopedale, MA, you can expect to pay as little as $1,210.00 or as much as $3,820.00, with the average rent median estimated to be $1,820.00. The good news is that finding an affordable and desirable property to rent in Hopedale, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Hopedale, MA In 2024

Hopedale is located in Worcester, Massachusetts, with an estimated municipal population of 5,947 residents. All of the best foreclosed homes for sale in Hopedale are located in the following zip code areas on 01747. The estimated population per square kilometer (.62 miles) in Hopedale is 443.

Cost Of Living In Hopedale, MA

So, about how much do homes cost in Hopedale? The most recent median value of resident-owned homes in Hopedale is 339,236. An estimated 84.2 percent of households in Hopedale own their homes, with an average family size of 3.23. The median household income in Hopedale is 108,294, with57.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hopedale, the median commute time of resident workers (in minutes) is 29.9. And last, but certainly not least, are you looking for homes to rent in Hopedale? If so, the average rent price paid by renters in Hopedale is 1,342, according to recent statistics.

Diversity And Demographics In Hopedale, Massachusetts

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Hopedale, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Hopedale is 45, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in Hopedale is 55.2, with an average family size of 3.23.

The percentage of residents who report their race in Hopedale is as follows:

White 96.3%
Black / African American 0.3%
Asian 0.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.2%
Other 0.7%

Looking for family-friendly neighborhoods in and/or near Hopedale? Or maybe you are searching for 55+ active adult communities in and/or near Hopedale?

The percentage of residents who report their age in Hopedale is as follows:

Under 10 8.6%
Aged 10-19 16.7%
20s 8.9%
30s 9.1%
40s 15.8%
50s 16.2%
60s 12.5%
70s 5.6%
80+ 6.5%

Best Schools In Hopedale, Massachusetts

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Hopedale with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hopedale.

Pros And Cons Of Living In Hopedale, Massachusetts

How do you know that living in -- or moving to -- Hopedale is right where you need to be? Perhaps you grew up in Hopedale or already live nearby; therefore, the decision to buy a home in Hopedale is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hopedale for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Hopedale:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hopedale.

Reasons To Move To Hopedale, Massachusetts, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hopedale can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hopedale, meanwhile, can field multiple offers from more qualified buyers.

Hopedale, MA Foreclosures


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