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Thompson Home Values and Market Report

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LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 105.2% of list price in 25 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $120K Sold · $135K
$420K$320K$220K$120K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Jul. Last month: 0.

Where the market stands

All homes in this report, by status.

5homes
Active2 · 40%
Under contract1 · 20%
Sold (12 mo)2 · 40%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$481K
Under contract$295K
Sold$272K

Average days on market

Active134 days
Under contract73 days
Sold25 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2
Average list price $481,000
Avg. days on market 134 days
Avg. price per ft² $176
Avg. living area 2,419 ft²
Avg. beds / baths 3.5 / 3.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$900K$600K$300K$0

Price vs. living area: 2 homes plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 2 homes in this status.

635 20th Street NE$320
195 S Monroe Street$32

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
635 20th Street NEThompson, ND 58278 332,793$895,000$32053 days
195 S Monroe StreetThompson, IA 50478 432,046$67,000$32216 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.