$2,850 Closing Credit*
$239,999
1,344 SqFt
Raynier Bedoya, Listing Office: Real
Is Thompson, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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, TX
How much do homes in Thompson, TX cost?
Median Sold Price
$182,500
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,000(+1.1%)
Key Takeaway
Homes in Thompson have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Thompson was $182,500 in October 2024, up 1.1% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $118K | $124K | +5.1% |
| 3 Bedrooms | $183.5K | $180K | -1.9% |
| 4 Bedrooms | $248.9K | $225.9K | -9.2% |
| 5+ Bedrooms | $95K | - | N/A |
Summary: Thompson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Palm Heights | $155K | $157.2K | +1.5% |
| Thompson | $180.5K | $182.5K | +1.1% |
| Quintana | $173.5K | $150K | -13.5% |
Housing Supply in Thompson, TX
How many homes are available in Thompson, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The Thompson real estate market had 15 homes for sale in October 2024, a 6.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Thompson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thompson, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Thompson in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Thompson, TX
How long does it take to sell a home in Thompson, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 145 Days | +263.8% |
Summary: Homes in Thompson had an average of 145 days on market in Oct 2024, up by 263.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Thompson are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Thompson; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.