Thompson, CT—06277
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Thompson, CT
Home Price Trends — Thompson, CT
As of Nov '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 | N/A | N/A |
2 Bed | $346,000 | 1.5% |
3 Bed | $421,000 | 1.7% |
4 Bed | $477,000 | 3.0% |
| 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 $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 |
% of Rental Stock
Property Listings — Thompson, CT
As of Nov '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 | $550,000 | -9.0% |
Listing Count | 9 | 0.0% |
| Listings as % of Homes | 0.5% | 0.0% |
Days on Market | 70 | 6.0% |
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% |
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% |
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% |
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 |
Affordability — Thompson, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $382,000 |
| Median Household Income | $107,000 |