The housing market in Thompson, IA is healthy and performing well above the national median value. The median value of a house in Thompson is $120,700 compared to the US median value of $338,100. Furthermore, the one year appreciation rate for houses in Thompson was 11.88%, significantly higher than the 8.27% average across the nation. This demonstrates that there has been a strong demand for housing in Thompson and is indicative of an overall positive economic activity within this city.
The median home cost in Thompson is $120,700. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Thompson is up 15.9%.
Average Age of Homes
- The median age of Thompson real estate is 60 years old
The Rental Market in Thompson
- Renters make up 18.0% of the Thompson population
- 0.0% of houses and apartments in Thompson, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.