Commercial Real Estate Market in Hopkinton, RI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
12 active listings and 128 off-market properties in Hopkinton, RI.
Market Trends
Hopkinton, RI spans 3.5 square miles in Washington County, Rhode Island. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Hopkinton, RI runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Hopkinton, RI runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Hopkinton, RI runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Hopkinton, RI runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 93.4%
- Industrial 3.8%
- Commercial 2.8%
Largest Zones share of zoned land by district
Residential
Residential
Manufacturing
Commercial Special
Commercial
Hopkinton, RI zones 28,325 acres across 9 districts. Commercial zoning covers 2.8% of zoned land, residential 93.4% and industrial 3.8%. The largest single district is Residential at 89.5%. For commercial buyers the practical constraint is that only 6.6% of land carries a commercial or industrial designation.
Manufacturing (M)
This zone in intended for a farm product warehousing and household goods warehousing
Market overview
Demographics & Economy
Hopkinton, RI has 469 residents in 287 households. Density runs 134 people per square mile.
469
Population
287
Households
1.6
Avg Household Size
52
Median Age
10%
College-Educated
90%
High-School Grad
3.5 sq mi
ZIP Area
134
Density / Sq Mi
$0
Median Household Income
$58,561
Median Earnings
$464
Median Rent
$272,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Richmond | — | — |
| Exeter | — | — |
| Charlestown | — | $15.75 |
| North Stonington | — | — |
Commercial property in Hopkinton, RI asks $95/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hopkinton?
Commercial property in Hopkinton, RI asks an average of $95 per square foot.
What zoning applies to commercial property in Hopkinton?
Hopkinton, RI zones 28,325 acres across 9 districts, of which 2.8% is commercial and 3.8% industrial. The largest single district is Residential at 89.5% of zoned land. Residential zoning covers 93.4% and open space 0%.
Where does Realmo's Hopkinton market data come from?
Realmo compiles Hopkinton, RI figures from 3 recent recorded sales, 12 active sale listings, 128 tracked off-market properties, the current Hopkinton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 0 active for-lease listings in Hopkinton, RI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 28,325 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
