$5,224 Closing Credit*
$439,900
1,841 SqFt
3 Beds
•1 Full Bath, 1 Partial
Ryan Lajoie, Listing Office: Johnston & Associates Real Estate, LLC
Is Thompson, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Thompson was a Seller's Market.
Key Takeaway
Thompson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Thompson, CT
How much do homes in Thompson, CT cost?
Median Sold Price
$360,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,000(+0.8%)
Key Takeaway
Homes in Thompson have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Thompson was $360,000 in November 2024, up 0.8% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $341K | +127.3% |
| 2 Bedrooms | $305K | $300K | -1.6% |
| 3 Bedrooms | $360K | $377.5K | +4.9% |
| 4 Bedrooms | $405K | $425K | +4.9% |
| 5+ Bedrooms | $410K | $349K | -14.9% |
Summary: Thompson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 127.3%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 14.9%.
Housing Supply in Thompson, CT
How many homes are available in Thompson, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 30 | +7.1% |
Summary: The Thompson real estate market had 30 homes for sale in November 2024, a 7.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Thompson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thompson, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Thompson in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Thompson, CT
How long does it take to sell a home in Thompson, CT?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Thompson are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Thompson; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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