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Affordable Housing in Thompson, IA

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Thompson, IA Foreclosures

How much do homes sell for in Thompson, IA?
The average home price is currently $118,475.
In Thompson, IA, how many homes are available?
There are currently 15 active home listings available in Thompson.
What’s the average rental cost in Thompson, IA?
The average rental price in Thompson is $1,060.
What is the most expensive home in Thompson?
The most expensive home sold in Thompson had a price of $843,041.
What is currently the cheapest priced home in Thompson, IA?
The cheapest home for sale in Thompson is priced at $12,510.

Living in Thompson, IA

Thompson, Iowa, is a charming small town with a close-knit community atmosphere and rich local culture. Residents enjoy access to outdoor activities, local amenities, and a welcoming environment, making it an ideal place for both families and individuals to settle down. With its beautiful landscapes and annual community events, Thompson offers a perfect blend of tranquility and connectivity.

Current Market Conditions in Thompson, IA

The current real estate market in Thompson is stable, with a slight increase in home sales over the past few months. Many buyers are attracted to the area's affordability and quality of life, leading to increased competition for homes in the region.

In recent months, there has been a noticeable demand for homes in Thompson, resulting in a steady rise in property values. With a variety of housing options, from cozy single-family homes to land plots for new construction, the market caters to diverse preferences.

Home Value Estimator For Thompson, IA

There are currently 337 real estate properties in Thompson, IA, with a median automated valuation model (AVM) price of $74,116.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Thompson, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Thompson, IA, is $118,475.00, with the most expensive house in Thompson, IA, topping out at $843,041.00 and the cheapest home in Thompson, IA, clocking in at $12,510.00. In other words, there’s something for every potential homebuyer or savvy investor in Thompson, IA!

Rent Prices In Thompson, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Thompson, IA, is on a rollercoaster ride. The average rent price in Thompson, IA, is $1,060.00. Indeed, when looking to rent in Thompson, IA, you can expect to pay as little as $610.00 or as much as $1,900.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Thompson, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Thompson, IA Affordable Housing


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