Thompson, IA Foreclosures
How much do homes sell for in Thompson, IA?
The average home price is currently $154,238.
In Thompson, IA, how many homes are available?
There are currently 1 active home listings available in Thompson.
What’s the average rental cost in Thompson, IA?
The average rental price in Thompson is $1,061.
What is the most expensive home in Thompson?
The most expensive home sold in Thompson had a price of $1,066,656.
What is currently the cheapest priced home in Thompson, IA?
The cheapest home for sale in Thompson is priced at $26,836.
Living in Thompson, IA
Thompson, IA is a quaint small town known for its close-knit community and tranquil rural atmosphere. With various amenities nearby, outdoor recreational opportunities, and good educational institutions, Thompson provides a comfortable living experience for families and individuals alike. Its strategic location also offers easy access to surrounding areas for additional services and entertainment.
Current Market Conditions in Thompson, IA
The real estate market in Thompson, IA is currently stable with a mix of home styles averaging moderate prices. Properties are mainly single-family homes, with a few townhome and rental options, which attract both first-time buyers and investors looking for rental opportunities. The market is characterized by low inventory, which may contribute to a gradual increase in home values as demand remains steady among buyers seeking to relocate to smaller, more affordable towns.
The current market trends show a modest appreciation in home prices over the past year, reflecting Thompson's appeal as a desirable place to live. Factors such as community involvement, accessibility to amenities, and the surrounding natural beauty contribute to its market stability.
Home Value Estimator For Thompson, IA
There are currently 368 real estate properties
in Thompson, IA,
with a median automated valuation model (AVM) price
of $100,929.00. 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 $154,238.00, with the most expensive house
in Thompson, IA, topping out
at $1,066,656.00 and the cheapest home
in Thompson, IA,
clocking in at $26,836.00. 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 $1,061.00. 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.
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