Is Thompson, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Thompson was a Seller's Market.
Housing Prices in Thompson, NY
How much do homes in Thompson, NY cost?
Median Sold Price
$261,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Thompson was $261,000 in April 2024, up 8.8% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $85K | N/A |
2 Bedrooms | $155.2K | $205K | +32.0% |
3 Bedrooms | $240K | $275K | +14.6% |
4 Bedrooms | $383K | $414.5K | +8.2% |
5+ Bedrooms | $304K | $351.5K | +15.6% |
Summary: Thompson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
Monticello | $190K | $234.2K | +23.3% |
Bethel | $230.2K | $270K | +17.3% |
Thompson | $240K | $261K | +8.8% |
Housing Supply in Thompson, NY
How many homes are available in Thompson, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
98 | 100 | +2.0% |
Summary: The Thompson real estate market had 100 homes for sale in April 2024, a 2.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 14 | 15 | +7.1% |
3 Bedrooms | 46 | 42 | -8.7% |
4 Bedrooms | 23 | 26 | +13.0% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Thompson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 11 | -26.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Thompson in April 2024, down by 26.7% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
115 Days | 86 Days | -24.9% |
Summary: Homes in Thompson had an average of 86 days on market in Apr 2024, down by 24.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Thompson; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.