Thompson, CT 06277 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Thompson, CT—06277

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$382,000

0.9% YoY Growth

Household Income

$107,000

25.2% YoY Growth

Days on Market

26.0% Longer YoY

Home Price Forecast

3.7%

Median Rent

$1,800

2.6% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,800

5.3% YoY Growth

Other Zip Codes in Thompson, CT

06255

Home Price Trends — Thompson, CT

As of Dec '25, the median home price in Thompson, CT is $382,000, with a year-over-year change of 0.9%. This indicates that home prices in Thompson, CT are flat. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$382,000	0.9%
Single Family	$382,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Thompson, CT

As of July '25, Rentcast reports the average rent in Thompson, CT is $2,000, with a year-over-year rent change of 2.6%. Per bedroom, the median rent as of July '25 in Thompson, CT is 3-bedrooms: $2,000. The most common rental property sizes in Thompson, CT are 2-bedroom and 3-bedroom, accounting for 34.1% and 30.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$2,000
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,800	$2,000
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

9.7%

2 Bedrooms

34.1%

3 Bedrooms

30.3%

4 Bedrooms

25.9%

Property Listings — Thompson, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in Thompson, CT is 70. This is a increase of 6.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$400,000	-14.0%
Listing Count	6	-22.0%
Listings as % of Homes	0.5%	-22.0%
Days on Market	77	26.0%

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Demographics — Thompson, CT

As of the latest ACS Survey released in 2023, Thompson, CT has a population of 4,020, which has decreased by -1.1% over the past 5 years. Thompson, CT is a less popular place for families, as children make up 11.9% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,020	-1.1%
% Under 18	11.9%	-39.6%
% Seniors	13.4%	-28.3%
% WFH	12.8%	374.1%
% w/ College Degree	23.9%	-28.7%

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As of the latest ACS Survey released in 2023, Thompson, CT is a predominantly white area, with 81.8% of the population identifying as white. The white population has shrunk by 13.3% in the last 5 years. The second most common race or ethnicity in Thompson, CT is hispanic, making up 10.5% of the population. Foreign-born residents account for 5.2% of the population in Thompson, CT, and this percentage has increased by 205.9% 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	81.8%	-13.3%
% Black	0.0%	-100.0%
% Hispanic	10.5%	600.0%
% Asian	0.3%	-80.0%
% Foreign Born	5.2%	205.9%

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Mortgage and Risk — Thompson, CT

According to HUD data as of 2023, there were 106 mortgage originations in Thompson, CT, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Thompson, CT. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	106
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — Thompson, CT

Thompson, CT 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 Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,750
2 Bedroom	N/A	N/A	$2,300
3 Bedroom	$1,020	$1,800	$2,820
4 Bedroom	N/A	N/A	$3,370

Thompson, CT—06277

Key Metrics at a Glance

Other Zip Codes in Thompson, CT

Home Price Trends — Thompson, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Thompson, CT

% of Rental Stock

Property Listings — Thompson, CT

Demographics — Thompson, CT

Race and Ethnicity

Mortgage and Risk — Thompson, CT

Mortgages

Rentals and Section 8 — Thompson, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Thompson, CT

Home Price to Income Ratio

Thompson, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Thompson, CT

Putnam, CT

Webster, MA

Burrillville, RI

Killingly, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$382,000
Median Household Income	$107,000

Thompson, CT—06277

Key Metrics at a Glance

Other Zip Codes in Thompson, CT

Home Price Trends — Thompson, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Thompson, CT

% of Rental Stock

Property Listings — Thompson, CT

Demographics — Thompson, CT

Race and Ethnicity

Mortgage and Risk — Thompson, CT

Mortgages

Rentals and Section 8 — Thompson, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Thompson, CT

Home Price to Income Ratio

Thompson, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Thompson, CT

Putnam, CT

Webster, MA

Burrillville, RI

Killingly, CT

Frequently Asked Questions

What is the average home price in Thompson, CT 06277?

How have home prices in Thompson, CT 06277 changed over the past year?

What is the home price projection for Thompson, CT 06277?

What are the demographics of Thompson, CT 06277?

How long does it take homes to sell in Thompson, CT 06277?

What is the average rent price in Thompson, CT 06277?