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THOMPSON, IA 50478

Real Estate Market Report  ·  Winnebago County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The THOMPSON, IA real estate market (50478) currently shows 3 active listings, with 2 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 37 days on market compared to 32 days last year.

The median listing price has fallen 0.8% year-over-year, from $91,900 to $91,175.

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.

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Market Context

Market Context

Population: 788  ·  Density: 4.0/mi²  ·  Median household income: $49,079

Typical home value: $97,166  ·  Homeownership: 81.0%

Market Overview

Active Listings
3
vs 3 last year
Pending
2
67% pending ratio
Median Price
$91,175
⇩ 0.8% vs $91,900 last year
Average Price
$91,175
⇩ 0.8% vs $91,900 last year
Days on Market
37
⇧ 15.6% vs 32 days last year

Price Per Square Foot

Median $/sqft
$63
⇩ 7.4% vs $68/sqft last year
Median Home Size
1,468 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 37 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $91,175 (-0.8% YoY)
  • Average: $91,175 (-0.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.7 miles — 69 listings ($14,003,885 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50478Thompson, IA 504780.0 mi3$247,350$82,450$82,450
50424Buffalo Center, IA 504248.3 mi10$1,541,500$142,500$154,150
56051Kiester, MN 560519.9 mi6$739,050$120,975$123,175
50432Crystal Lake, IA 5043212.4 mi1$130,000$130,000$130,000
56033Frost, MN 5603313.0 mi4$289,868$39,900$72,467
56029Emmons, MN 5602915.3 mi3$697,500$220,500$232,500
50446Joice, IA 5044617.2 mi2$318,000$159,000$159,000
50434Fertile, IA 5043419.3 mi0$0$0$0
56009Alden, MN 5600921.1 mi11$3,066,668$289,900$278,788
50444Hanlontown, IA 5044421.5 mi2$170,000$85,000$85,000
56013Blue Earth, MN 5601322.1 mi21$4,279,149$199,450$203,769
50483Wesley, IA 5048322.9 mi1$140,000$140,000$140,000
50482Ventura, IA 5048224.7 mi5$2,384,800$385,000$476,960

Frequently Asked Questions

How many homes are for sale in THOMPSON, IA 50478?

As of March 2026, there are 3 active listings in THOMPSON, IA (zip code 50478), compared to 3 the prior year.

What is the median home price in THOMPSON, IA 50478?

The median listing price in THOMPSON, IA 50478 is $91,175 as of March 2026, a 0.8% decrease from $91,900 the prior year.

How long do homes stay on the market in THOMPSON, IA?

Homes in THOMPSON, IA 50478 spend an average of 37 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in THOMPSON, IA 50478?

Based on current inventory and days-on-market data as of March 2026, THOMPSON, IA 50478 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 37 days on market compared to 32 days last year.

How much can I save on real estate commission in THOMPSON, IA?

With SELL123.com's maximum 3% commission, sellers in THOMPSON, IA 50478 save an estimated $1,824 compared to a typical 5% commission on the median listing price of $91,175. 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.