The story of this market
The typical home in ZIP 02833 sells for about $273,100, or $219 per square foot.
Prices are up +3.7% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $468 a month.
ZIP 02833 — Hopkinton
The housing market in 02833 is characterized by low inventory and steady price appreciation, reflecting its status as a rural, residential-focused community. Sales volume remains modest, and the market is driven by buyers seeking privacy and outdoor amenities rather than urban convenience. No specific ZIP-level data for price cuts or months of supply was available from primary sources, so these figures are estimated based on regional trends.
This ZIP code is best suited for those seeking a rural lifestyle, including families and retirees who prioritize privacy and outdoor access over proximity to urban employment centers.
Median prices moved up 3.7% year over year.
Homes spend a median of 57 days on market with 4.2 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 8.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 02833, Washington County RI
Public schools serving the area are part of the Chariho Regional School District, which generally maintains a positive reputation within the region.
The area is subject to standard New England weather risks, including winter storms and occasional flooding in low-lying areas near the Wood River.
The area is primarily rural with limited large-scale commercial development, focusing on residential preservation and small-scale local business.
Property taxes are assessed at the municipal level by the Town of Hopkinton based on local mill rates applied to the assessed value of real estate.
Residents primarily commute by car toward the Providence-Warwick metro area or toward the Connecticut border for employment.
The area features extensive access to outdoor recreation, including the Arcadia Management Area, hiking trails, and fishing spots along the Wood River.
The rental market is limited in depth due to the rural nature of the ZIP code, with low vacancy pressure and minimal short-term rental inventory.
The local economy is largely driven by small businesses, agriculture, and tourism, with many residents commuting to larger employment hubs in Providence or Connecticut.
Transportation is heavily reliant on personal vehicles, with I-95 providing the primary corridor for regional travel.
Development is strictly managed by local zoning to maintain the rural character of the town.
The Washington County assessment regime is managed by individual town tax assessors following state-mandated revaluation cycles.
Parcels are served by the Chariho Regional School District and local fire districts.
Property insurance premiums are stable but reflect regional risks associated with coastal storm exposure and inland flooding.
Data retrieved from Census Reporter and local demographic profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Great Wolf Lodge | Mashantucket, CT3.89.4 mi
- Yawgoo Valley Ski Area4.213 mi
- Adventureland Family Fun Park4.215.7 mi
- Atlantic Beach Park4.511.1 mi
- Mystified Escape Rooms4.712.3 mi
- Mohegan Sun4.516.4 mi
- Foxwoods Resort Casino4.39.7 mi
- Mohegan Sun Arena4.616.3 mi
- Ocean Mist4.514.1 mi
- Ryan Center4.612.3 mi
- Foxwoods Resort Casino4.39.7 mi
- Mystic Aquarium4.512 mi
- Great Wolf Lodge | Mashantucket, CT3.89.4 mi
- Ninigret Park4.79.5 mi
- B.F. Clyde's Cider Mill4.611 mi
- Mystic Seaport Museum4.613 mi
- B.F. Clyde's Cider Mill4.611 mi
- Mashantucket Pequot Museum & Research Center4.79.8 mi
- Submarine Force Library & Museum4.817.5 mi
- Watch Hill Lighthouse4.613.2 mi
- Ninigret Park4.79.5 mi
- Burlingame State Park4.37.8 mi
- Hopeville Pond State Park4.611.5 mi
- Denison Pequotsepos Nature Center4.712.3 mi
- Arcadia Management Area4.85.9 mi
- Mystic Downtown Marina4.713.7 mi
- Mystic River Marina4.514.4 mi
- Foxwoods Resort Casino4.39.7 mi
- Lake of Isles4.69.1 mi
- Winnapaug Country Club4.110.1 mi
- Laurel Lane Country Club4.38.8 mi
- Meadow Brook Golf Course4.25.7 mi
- Olde Mistick Village4.612.2 mi
- Tanger Outlets Foxwoods4.49.7 mi
- The Velvet Mill4.512 mi
- T.J. Maxx4.48.7 mi
- Sea Well Seafood4.78 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The largest state-managed recreation area in Rhode Island, offering extensive hiking, hunting, and fishing.
A popular destination for kayaking, canoeing, and fly fishing.
Key-figure check: median price diverges 84.2% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $503,086 (+84.2% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.