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Thompsonville, MI—49683

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$316,000
5.2% YoY Growth
Household Income
$57,900
33.9% YoY Growth
Days on Market
51
6.0% Shorter YoY
Home Price Forecast
0.8%
Median Rent
$2,750
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,750
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Thompsonville, MI

As of May '26, the median home price in Thompsonville, MI is $316,000, with a year-over-year change of 5.2%. This indicates that home prices in Thompsonville, MI are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$316,0005.2%
Single Family $321,0006.3%
Condos $304,0004.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$302,0001.3%
    3 Bed
    		$371,0005.1%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.5%
    1 Bedroom
    7.9%
    2 Bedrooms
    32.9%
    3 Bedrooms
    42.0%
    4 Bedrooms
    10.6%
    5+ Bedrooms
    4.1%

    Rental Trends — Thompsonville, MI

    Thompsonville, MI lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$2,750$2,750
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $2,750$2,750
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    2.4%
    1 Bedroom
    10.7%
    2 Bedrooms
    37.9%
    3 Bedrooms
    46.7%
    4 Bedrooms
    1.2%
    5+ Bedrooms
    1.2%

    Property Listings — Thompsonville, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Thompsonville, MI is 51. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$235,000-20.0%
    Listing Count
    		2218.0%
    Listings as % of Homes0.5%18.0%
    Days on Market
    		51-6.0%
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    Demographics — Thompsonville, MI

    As of the latest ACS Survey released in 2023, Thompsonville, MI has a population of 2,070, which has decreased by -2.1% over the past 5 years. Thompsonville, MI is a moderately popular place for families, as children make up 15.6% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,070-2.1%
    % Under 18
    		15.6%-26.4%
    % Seniors
    		26.6%51.1%
    % WFH
    		3.8%35.7%
    % w/ College Degree
    		20.3%28.5%
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    As of the latest ACS Survey released in 2023, Thompsonville, MI is a predominantly white area, with 92.4% of the population identifying as white. The white population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Thompsonville, MI is asian, making up 0.8% of the population. Foreign-born residents account for 1.9% of the population in Thompsonville, MI, and this percentage has increased by 72.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		92.4%2.4%
    % Black
    		0.2%-80.0%
    % Hispanic
    		0.6%-82.9%
    % Asian
    		0.8%700.0%
    % Foreign Born
    		1.9%72.7%
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    Mortgage and Risk — Thompsonville, MI

    According to HUD data as of 2023, there were 64 mortgage originations in Thompsonville, MI, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Thompsonville, MI. Investor activity is low, as 3.0% of loans were by investors. 27.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		64
    % Conventional Loans
    		78.0%
    % Government Loans
    		22.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		3.0%
    % Cash Out Refinance
    		27.0%
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    Rentals and Section 8 — Thompsonville, MI

    Thompsonville, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$960
    2 Bedroom-$1,550$2,750$1,200
    3 BedroomN/AN/A$1,470
    4 BedroomN/AN/A$1,590

    Affordability — Thompsonville, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.9
    Median Home Price$316,000
    Median Household Income$57,900

    Thompsonville, MI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Copemish, MI

    49625

    Interlochen, MI

    49643

    Beulah, MI

    49617

    Benzonia, MI

    49616

    Lake Ann, MI

    49650

    Frequently Asked Questions