Is Thompson, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Thompson has remained a Seller's Market.
Housing Prices in Thompson, CT
How much do homes in Thompson, CT cost?
Median Sold Price
$355,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Thompson was $355,000 in May 2024, up 12.7% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | - | N/A |
2 Bedrooms | $280K | $315K | +12.5% |
3 Bedrooms | $349.9K | $355K | +1.5% |
4 Bedrooms | $393.5K | $405K | +2.9% |
5+ Bedrooms | $265K | $410K | +54.7% |
Summary: Thompson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 54.7%.
Housing Supply in Thompson, CT
How many homes are available in Thompson, CT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 25 | -30.6% |
Summary: The Thompson real estate market had 25 homes for sale in May 2024, a 30.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 3 | -50.0% |
3 Bedrooms | 22 | 14 | -36.4% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Thompson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Thompson in May 2024, up by 50.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.
Days on Market for Thompson, CT
We’re sorry, we don't have information for this market at the moment