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Sarah Mitchell

CNESRESABR

Compass Real Estate · Thompson's Station, TN

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

Thompson's Station, TN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Thompson's Station, TN Housing Market & Real Estate

Buyer's market+55.4% YoY

Housing market overview · Updated monthly ·

$1.15Mmedian sale price

How is the Thompson's Station, TN housing market right now?

The median home sale price in Thompson's Station, TN is $1.15M, up 55.4% year-over-year. Homes sell in an average of 106 days with 94 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Thompson's Station a buyer's or seller's market?

Buyer's market7.2 months of supply106 avg. days on market

Thompson's Station, TN is currently a buyer's market, based on 7.2 months of supply and homes selling in about 106 days. How we determine this →

Homes sold

13

Last 12 weeks

Days on market

106

Average pace

Active listings

94

7.2 months supply

Sale-to-list

96.1%

Below asking

What does the Thompson's Station housing market data show?

Current housing market statistics for Thompson's Station, TN
MetricValue
Median sale price$1.15M
Median list price$1.00M
Year-over-year price change+55.4%
Average days on market106 days
Active inventory94 listings
Months of supply7.2 months
Sale-to-list price ratio96.1%
Median price per sq ft$287/sq ft
Homes sold (latest month)13
New listings (latest month)33
Listings with a price cut19.1%
Market conditionBuyer's market

Source: Redfin · Updated monthly

The Thompson's Station housing market is currently classified as a buyer's market with a median sale price of $1.15M. Prices have risen 55.4% compared to last year, with homes spending an average of 106 days on market, indicating 7.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Thompson's Station

There are currently 94 homes listed for sale in Thompson's Station, Tennessee. The median listing price is $1.0M.

Active listings

94

Homes on market

Median list price

$1.0M

Avg. days on market

106

Days until sale

New this week

33

Newly listed

Price drops:19.1%of listings
Sale-to-list:96.1%

Who lives in Thompson's Station?

Population

7,855

Median income

$122,139/yr

Median age

36.7 years

Owner-occupied

78.4%

College grads

60.6%

Avg commute

30.2 min

Source: U.S. Census Bureau ACS

What is it like to live in Thompson's Station?

Thompson's Station is a community of approximately 8K residents with a median age of 36.7 years.The median household income is $122,139, which reflects a relatively affluent area with strong earning potential. 60.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 78.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Thompson's Station offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Thompson's Station?

3 schools tracked · 3,416 students

The largest public schools serving Thompson's Station, TN 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.

Independence High School

Grades 9-12 · 2,097 students

Public

Thompson's Station Elementary School

Grades K-5 · 753 students

Public

Thompson's Station Middle School

Grades 6-8 · 566 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 Thompson's Station, TN?

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

Frequently asked questions

What is the average home price in Thompson's Station?

The median home sale price in Thompson's Station is $1.15M, up 55.4% from last year.

How long do homes stay on market in Thompson's Station?

Homes typically spend 106 days on market before going under contract.

What is the median income in Thompson's Station?

The median household income is $122,139 per year.

Is Thompson's Station a buyer's or seller's market?

With 7.2 months of supply, Thompson's Station is currently a buyer's market.

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