$2,138 Closing Credit*
$180,000
1,152 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: eXp Realty
Is Thompson, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Thompson was a Buyer's Market.
Key Takeaway
Thompson is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Thompson, NY
How much do homes in Thompson, NY cost?
Median Sold Price
$300,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$60,000(+25.0%)
Key Takeaway
Homes in Thompson have sold for 25% more than they did a year ago.
Summary: The median home sold price in Thompson was $300,000 in December 2024, up 25% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $102.5K | -2.4% |
| 2 Bedrooms | $194.4K | $261K | +34.2% |
| 3 Bedrooms | $265K | $285K | +7.5% |
| 4 Bedrooms | $400K | $450K | +12.5% |
| 5+ Bedrooms | $300.5K | $500K | +66.4% |
Summary: Thompson housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 34.2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 66.4%.
Median Sold Price Compared To Nearby Cities
| Monticello | $215K | $290K | +34.9% |
| Thompson | $240K | $300K | +25.0% |
| Bethel | $277K | $265K | -4.3% |
Housing Supply in Thompson, NY
How many homes are available in Thompson, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 102 | 88 | -13.7% |
Summary: The Thompson real estate market had 88 homes for sale in December 2024, a 13.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 21 | 18 | -14.3% |
| 3 Bedrooms | 37 | 29 | -21.6% |
| 4 Bedrooms | 29 | 26 | -10.3% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Thompson housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 21.6%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thompson, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Thompson in December 2024, down by 7.1% month-over-month. Of the 13 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.
Days on Market for Thompson, NY
How long does it take to sell a home in Thompson, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 58 Days | 66 Days | +14.9% |
Summary: Homes in Thompson had an average of 66 days on market in Dec 2024, up by 14.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 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 December 2024, 13 homes were sold in Thompson; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Copyright © 2025 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.