The housing market in Thompson, IA (50478) is a great option for those looking to invest. The median value of a house in this area is $106,400, which is less than the US median value of $338,100. Income growth for housing in Thompson has been strong over the last year with an appreciation rate of 11.88%, far higher than the US 1-year appreciation rate of 8.27%. This makes investing in Thompson's housing market a sound decision with potential for good returns over time.
The median home cost in Thompson (zip 50478) is $106,400. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Thompson (zip 50478) is up 15.9%.
Average Age of Homes
- The median age of Thompson (zip 50478) real estate is 69 years old
The Rental Market in Thompson (zip 50478)
- Renters make up 18.0% of the Thompson (zip 50478) population
- 0.0% of houses and apartments in Thompson (zip 50478), 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.