Thompson's Station, TN Housing Market & Real Estate

Buyer's market+55.4% YoY

Housing market overview · Updated weekly ·

Quick answer: 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.

$1.15Mmedian sale price

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

Thompson's Station, TN market data

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%
Market conditionBuyer's market

Source: Redfin · Updated weekly

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.

Market trends

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%

Explore nearby cities in TN

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.

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.

Get Thompson's Station market alerts

Weekly updates on prices, inventory, and trends. Free forever.