Thompson, ND—58278
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thompson, ND
As of Oct '25, the median home price in Thompson, ND is $356,000, with a year-over-year change of -0.4%. This indicates that home prices in Thompson, ND are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $356,000 | -0.4% |
| Single Family | $356,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Thompson, ND
Thompson, ND lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Thompson, ND
As of Oct '25, Realtor.com reports that the median days on market for a home in Thompson, ND is 21. This is a increase of 8.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,010,000 | 6.0% |
Listing Count | 4 | -13.0% |
| Listings as % of Homes | 0.4% | -13.0% |
Days on Market | 21 | 8.0% |
Demographics — Thompson, ND
As of the latest ACS Survey released in 2023, Thompson, ND has a population of 2,120, which has increased by 11.2% over the past 5 years. Thompson, ND is a popular place for families, as children make up 27.4% of the population. The area has a moderately educated workforce, with 36.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,120 | 11.2% |
% Under 18 | 27.4% | 1.5% |
% Seniors | 13.8% | 43.8% |
% WFH | 6.6% | 24.5% |
% w/ College Degree | 36.5% | -2.7% |
As of the latest ACS Survey released in 2023, Thompson, ND is a predominantly white area, with 94.4% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Thompson, ND is hispanic, making up 1.0% of the population. Foreign-born residents account for 3.5% of the population in Thompson, ND, and this percentage has increased by 45.8% 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 | 94.4% | -1.0% |
% Black | 0.0% | N/A |
% Hispanic | 1.0% | 400.0% |
% Asian | 0.1% | -87.5% |
% Foreign Born | 3.5% | 45.8% |
Mortgage and Risk — Thompson, ND
Thompson, ND lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Thompson, ND
Thompson, ND lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 18.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Thompson, ND
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $356,000 |
| Median Household Income | $104,000 |