The housing market in Thompson, ND has been quite strong over the past year. The median value for a house in Thompson is currently $292,400, which is lower than the US average of $338,100. Despite this difference in values, the appreciation rate for houses in Thompson over the past year was 7.60%, just slightly lower than the US average of 8.27%. This suggests that despite its somewhat lower median value than other areas in the US, housing prices are still increasing steadily and significantly in Thompson.
The median home cost in Thompson is $292,400. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Thompson is up 9.6%.
Average Age of Homes
- The median age of Thompson real estate is 40 years old
The Rental Market in Thompson
- Renters make up 6.2% 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.