Data as of September 2026. Source: Realtor.com.
The THOMPSON, IA real estate market (50478) currently shows 3 active listings, with 1 pending sales. Homes are averaging 60 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 60 days on market compared to 73 days last year.
The median listing price has fallen 72.1% year-over-year, from $390,000 to $108,675.
Population: 788 · Density: 4.0/mi² · Median household income: $49,079
Typical home value: $97,166 · Homeownership: 81.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 50478 | Thompson, IA 50478 | 0.0 mi | 3 | $247,350 | $82,450 | $82,450 |
| 50424 | Buffalo Center, IA 50424 | 8.3 mi | 10 | $1,541,500 | $142,500 | $154,150 |
| 56051 | Kiester, MN 56051 | 9.9 mi | 6 | $739,050 | $120,975 | $123,175 |
| 50432 | Crystal Lake, IA 50432 | 12.4 mi | 1 | $130,000 | $130,000 | $130,000 |
| 56033 | Frost, MN 56033 | 13.0 mi | 4 | $289,868 | $39,900 | $72,467 |
| 56029 | Emmons, MN 56029 | 15.3 mi | 3 | $697,500 | $220,500 | $232,500 |
| 50446 | Joice, IA 50446 | 17.2 mi | 2 | $318,000 | $159,000 | $159,000 |
| 50434 | Fertile, IA 50434 | 19.3 mi | 0 | $0 | $0 | $0 |
| 56009 | Alden, MN 56009 | 21.1 mi | 11 | $3,066,668 | $289,900 | $278,788 |
| 50444 | Hanlontown, IA 50444 | 21.5 mi | 2 | $170,000 | $85,000 | $85,000 |
| 56013 | Blue Earth, MN 56013 | 22.1 mi | 21 | $4,279,149 | $199,450 | $203,769 |
| 50483 | Wesley, IA 50483 | 22.9 mi | 1 | $140,000 | $140,000 | $140,000 |
| 50482 | Ventura, IA 50482 | 24.7 mi | 5 | $2,384,800 | $385,000 | $476,960 |
As of September 2026, there are 3 active listings in THOMPSON, IA (zip code 50478), compared to 2 the prior year.
The median listing price in THOMPSON, IA 50478 is $108,675 as of September 2026, a 72.1% decrease from $390,000 the prior year.
Homes in THOMPSON, IA 50478 spend an average of 60 days on the market before going under contract, compared to 73 days the prior year.
Based on current inventory and days-on-market data as of September 2026, THOMPSON, IA 50478 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 73 days last year.
With SELL123.com's maximum 3% commission, sellers in THOMPSON, IA 50478 save an estimated $2,174 compared to a typical 5% commission on the median listing price of $108,675. 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.