Population: 788 · Density: 4.0/mi² · Median household income: $49,079
Typical home value: $97,166 · Homeownership: 81.0%
Data as of January 2026. Source: Realtor.com.
The THOMPSON, IA real estate market (50478) currently shows 1 active listings, with 1 pending sales. Homes are averaging 236 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 236 days on market compared to 131 days last year.
The median listing price has risen 609.9% year-over-year, from $69,725 to $495,000.
Whether you are buying or selling in THOMPSON, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 50478 | Thompson, IA 50478 | 0.0 mi | 1 | $495,000 | $495,000 | $495,000 |
| 50453 | Leland, IA 50453 | 7.1 mi | 1 | $150,000 | $150,000 | $150,000 |
| 50465 | Rake, IA 50465 | 8.5 mi | 2 | $198,800 | $99,400 | $99,400 |
| 50436 | Forest City, IA 50436 | 11.5 mi | 22 | $4,619,516 | $176,500 | $209,978 |
| 56033 | Frost, MN 56033 | 13.0 mi | 2 | $319,900 | $159,950 | $159,950 |
| 50450 | Lake Mills, IA 50450 | 13.3 mi | 7 | $937,300 | $129,900 | $133,900 |
| 50451 | Lakota, IA 50451 | 15.5 mi | 1 | $285,000 | $285,000 | $285,000 |
| 50446 | Joice, IA 50446 | 17.2 mi | 1 | $50,000 | $50,000 | $50,000 |
| 50434 | Fertile, IA 50434 | 19.3 mi | 1 | $0 | $0 | $0 |
| 56009 | Alden, MN 56009 | 21.1 mi | 9 | $2,453,067 | $304,900 | $272,563 |
| 50444 | Hanlontown, IA 50444 | 21.5 mi | 2 | $196,000 | $98,000 | $98,000 |
| 56013 | Blue Earth, MN 56013 | 22.1 mi | 21 | $4,193,427 | $189,000 | $199,687 |
| 50483 | Wesley, IA 50483 | 22.9 mi | 1 | $140,000 | $140,000 | $140,000 |
As of January 2026, there are 1 active listings in THOMPSON, IA (zip code 50478), compared to 4 the prior year.
The median listing price in THOMPSON, IA 50478 is $495,000 as of January 2026, a 609.9% increase from $69,725 the prior year.
Homes in THOMPSON, IA 50478 spend an average of 236 days on the market before going under contract, compared to 131 days the prior year.
Based on current inventory and days-on-market data as of January 2026, THOMPSON, IA 50478 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 236 days on market compared to 131 days last year.
With SELL123.com's maximum 3% commission, sellers in THOMPSON, IA 50478 save an estimated $9,900 compared to a typical 5% commission on the median listing price of $495,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.