Is Thompson, IA 50478 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Thompson is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list100.1%Sold price ÷ list price

Median days on market100Listing to accepted offer

Median price per sq ft$78▲ +106.1% vs. last year

Run the numbers for 50478

Prefilled for 50478Can I win this house?Multiple-offer likelihood for a listing Prefilled for 50478Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Buffalo Center 50424Buyer’s market $48 /sq ft Forest City 50436Buyer’s market $96 /sq ft Lake Mills 50450Seller’s market $116 /sq ft Leland 50453Buyer’s market $95 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology