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THOMPSON, IA 50478

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

Market Overview

Active Listings
1
⇩ 75% vs 4 last year
Pending
1
100% pending ratio
Median Price
$495,000
⇧ 609.9% vs $69,725 last year
Average Price
$495,000
⇧ 528.5% vs $78,755 last year
Days on Market
236
⇧ 80.2% vs 131 days last year

Market Context

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

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

Market Analysis

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 4 last year
  • Days on market: 236 now vs 131 last year

Median & Average Pricing

Year over Year
  • Median: $495,000 (+609.9% YoY)
  • Average: $495,000 (+528.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.9 miles — 71 listings ($14,038,010 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50478Thompson, IA 504780.0 mi1$495,000$495,000$495,000
50453Leland, IA 504537.1 mi1$150,000$150,000$150,000
50465Rake, IA 504658.5 mi2$198,800$99,400$99,400
50436Forest City, IA 5043611.5 mi22$4,619,516$176,500$209,978
56033Frost, MN 5603313.0 mi2$319,900$159,950$159,950
50450Lake Mills, IA 5045013.3 mi7$937,300$129,900$133,900
50451Lakota, IA 5045115.5 mi1$285,000$285,000$285,000
50446Joice, IA 5044617.2 mi1$50,000$50,000$50,000
50434Fertile, IA 5043419.3 mi1$0$0$0
56009Alden, MN 5600921.1 mi9$2,453,067$304,900$272,563
50444Hanlontown, IA 5044421.5 mi2$196,000$98,000$98,000
56013Blue Earth, MN 5601322.1 mi21$4,193,427$189,000$199,687
50483Wesley, IA 5048322.9 mi1$140,000$140,000$140,000

Frequently Asked Questions

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

As of January 2026, there are 1 active listings in THOMPSON, IA (zip code 50478), compared to 4 the prior year.

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

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.

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

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.

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

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.

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 $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.