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Featured local agent — Thompsonville, MI

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Thompsonville, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Thompsonville, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Thompsonville, MI Housing Market & Real Estate

Strong seller's market+34.3% YoY

Housing market overview · Updated monthly ·

$225,000median sale price

How is the Thompsonville, MI housing market right now?

The median home sale price in Thompsonville, MI is $225,000, up 34.3% year-over-year. Homes sell in an average of 26 days with 2 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Thompsonville a buyer's or seller's market?

Strong seller's market2.0 months of supply26 avg. days on market

Thompsonville, MI is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 26 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

26

Average pace

Active listings

2

2.0 months supply

Sale-to-list

104.7%

Above asking

What does the Thompsonville housing market data show?

Current housing market statistics for Thompsonville, MI
MetricValue
Median sale price$225,000
Median list price$250,000
Year-over-year price change+34.3%
Average days on market26 days
Active inventory2 listings
Months of supply2.0 months
Sale-to-list price ratio104.7%
Median price per sq ft$167/sq ft
Homes sold (latest month)1
New listings (latest month)1
Listings with a price cut100.0%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Thompsonville by property type?

How the Thompsonville, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Thompsonville, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$225,000$167/sq ft126 days

Source: Redfin · Updated monthly

The Thompsonville housing market is currently classified as a strong seller's market with a median sale price of $225,000. Prices have risen 34.3% compared to last year, with homes spending an average of 26 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.1x provides context for how home values compare to local earning capacity.

Homes for sale in Thompsonville

There are currently 2 homes listed for sale in Thompsonville, Michigan. The median listing price is $250K.

Active listings

2

Homes on market

Median list price

$250K

Avg. days on market

26

Days until sale

New this week

1

Newly listed

Price drops:100.0%of listings
Sale-to-list:104.7%

Who lives in Thompsonville?

Population

508

Median income

$62,083/yr

Median age

37.9 years

Owner-occupied

70.6%

College grads

9.0%

Avg commute

25.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Thompsonville?

Zillow home value

$316,303

Price-to-income

5.1x

Source: Zillow Research

What is it like to live in Thompsonville?

Thompsonville is a community of approximately 1K residents with a median age of 37.9 years.The median household income is $62,083, which represents a working-class community with solid middle-income opportunities. 9.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 70.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Thompsonville offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Thompsonville?

1 schools tracked · 140 students

The largest public schools serving Thompsonville, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Betsie Valley School

Grades PK-5 · 140 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Thompsonville, MI?

Want a head-to-head view? Compare Thompsonville side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Thompsonville?

The median home sale price in Thompsonville is $225,000, up 34.3% from last year.

How long do homes stay on market in Thompsonville?

Homes typically spend 26 days on market before going under contract.

What is the median income in Thompsonville?

The median household income is $62,083 per year.

Is Thompsonville a buyer's or seller's market?

With 2.0 months of supply, Thompsonville is currently a strong seller's market.

What is the Zillow home value estimate for Thompsonville?

The Zillow Home Value Index (ZHVI) for Thompsonville is $316,303, representing the typical home value in the area.

How much does a single-family home cost in Thompsonville?

The median single-family home price in Thompsonville, MI is $225,000 (about $167 per square foot).

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