Thompson, CT—06255
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Thompson, CT
Home Price Trends — Thompson, CT
As of Oct '25, the median home price in Thompson, CT is $355,000, with a year-over-year change of 3.2%. This indicates that home prices in Thompson, CT are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $355,000 | 3.2% |
| Single Family | $358,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $304,000 | 3.1% |
3 Bed | $367,000 | 2.8% |
4 Bed | $402,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Thompson, CT
As of July '25, Rentcast reports the average rent in Thompson, CT is $1,730, with a year-over-year rent change of -26.7%. Per bedroom, the median rent as of July '25 in Thompson, CT is 2-bedrooms: $1,500, 3-bedrooms: $1,600, 4-bedrooms: $2,100. The most common rental property sizes in Thompson, CT are 1-bedroom and 2-bedroom, accounting for 60.9% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | $2,100 | $2,100 |
% of Rental Stock
Property Listings — Thompson, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Thompson, CT is 33. This is a increase of 124.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $431,000 | 26.0% |
Listing Count | 10 | -6.0% |
| Listings as % of Homes | 0.3% | -6.0% |
Days on Market | 33 | 124.0% |
Demographics — Thompson, CT
As of the latest ACS Survey released in 2023, Thompson, CT has a population of 4,440, which has decreased by -2.6% over the past 5 years. Thompson, CT is a less popular place for families, as children make up 14.1% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,440 | -2.6% |
% Under 18 | 14.1% | -37.1% |
% Seniors | 27.2% | 145.0% |
% WFH | 10.9% | 230.3% |
% w/ College Degree | 28.5% | 17.3% |
As of the latest ACS Survey released in 2023, Thompson, CT is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Thompson, CT is hispanic, making up 1.7% of the population. Foreign-born residents account for 3.0% of the population in Thompson, CT, and this percentage has increased by 233.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.0% | -3.3% |
% Black | 0.3% | ∞% |
% Hispanic | 1.7% | 0.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.0% | 233.3% |
Mortgage and Risk — Thompson, CT
According to HUD data as of 2023, there were 86 mortgage originations in Thompson, CT, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Thompson, CT. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 86 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Thompson, CT
Thompson, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,170 |
| 2 Bedroom | $30 | $1,500 | $1,530 |
| 3 Bedroom | $270 | $1,600 | $1,870 |
| 4 Bedroom | $140 | $2,100 | $2,240 |
Affordability — Thompson, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $355,000 |
| Median Household Income | $90,700 |