Hopedale, Hopedale, MA

Hopedale — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Hopedale, Hopedale, Massachusetts. Explore the cited sources and local facts below while agent underwriting continues.

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Hopedale Neighborhood Overview

Hopedale is a historic town in Worcester County, Massachusetts, known for its strong community spirit and picturesque New England setting. Originally shaped by the Draper Corporation, the town retains a charming character centered around its park-like common and historic mill buildings. Residents enjoy a peaceful, small-town atmosphere with convenient access to major regional hubs.

Lifestyle & Amenities

The community lifestyle revolves around outdoor recreation and local events at the Town Common and Hopedale Pond. Residents have access to essential shopping and dining options within town, with more extensive retail and restaurant choices available in nearby Milford and the Blackstone Valley. The town's public parks, athletic fields, and the scenic Upper Charles Trail provide ample space for leisure and activity.

Real Estate Market

The Hopedale real estate market is characterized by high homeownership, with a rate of 79%. The median home value is reported at $405,400, while the median monthly rent is $1,438. This market attracts those seeking primarily single-family homes in a stable, community-oriented environment.

Schools & Education

Hopedale is served by the Hopedale Public Schools district, which operates from elementary through high school within the town. The school system is generally regarded as a strong community asset, with a focus on personalized education. For higher education, several colleges and universities are located within a reasonable commuting distance.

Transportation & Connectivity

Hopedale is conveniently located near major highways, including Massachusetts Route 140 and the proximity to Interstate 495, facilitating commutes to Worcester, Boston, and Providence. Public transportation options include access to commuter rail service via the nearby Milford station. The town's layout is conducive to walking and biking, particularly in its central neighborhoods.

Why Choose Hopedale

Homebuyers choose Hopedale for its blend of historic charm, tight-knit community, and a high quality of life supported by a median household income of $120,750. It offers a tranquil residential setting with the benefits of a self-contained town and easy regional access. The stable real estate market and strong sense of local pride make it a desirable place to settle down.

Hopedale Market Data

MetricValue
Median Home Price$405K
Median Gross Rent$1K/mo
Median Household Income$121K
Homeownership Rate78.9%
Renter-Occupied21.1%
Rental Vacancy Rate0.0%
Market TypeSeller's
Market TierMain
Primary ZIP Code01747

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