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Featured local agent — Thompson's Station, TN
Sarah Mitchell
Compass Real Estate · Thompson's Station, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Thompson's Station, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$890,000median sale price
How is the Thompson's Station, TN housing market right now?
The median home sale price in Thompson's Station, TN is $890,000, up 15.6% year-over-year. Homes sell in an average of 61 days with 118 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 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?
Thompson's Station, TN is currently a leaning buyer's, based on 4.1 months of supply and homes selling in about 61 days. How we determine this →
Homes sold
29
Last 12 weeks
Days on market
61
Average pace
Active listings
118
4.1 months supply
Sale-to-list
99.6%
Below asking
What does the Thompson's Station housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $890,000 |
| Median list price | $959,900 |
| Year-over-year price change | +15.6% |
| Average days on market | 61 days |
| Active inventory | 118 listings |
| Months of supply | 4.1 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $299/sq ft |
| Homes sold (latest month) | 29 |
| New listings (latest month) | 36 |
| Listings with a price cut | 14.4% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Thompson's Station by property type?
How the Thompson's Station, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $995,000 | $314/sq ft | 23 | 61 days |
| Condo / Co-op | $390,000 | $364/sq ft | 1 | 264 days |
| Townhouse | $612,500 | $279/sq ft | 6 | 127 days |
Source: Redfin · Updated monthly
The Thompson's Station housing market is currently classified as a leaning buyer's with a median sale price of $890,000. Prices have risen 15.6% compared to last year, with homes spending an average of 61 days on market, indicating 4.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Thompson's Station
There are currently 118 homes listed for sale in Thompson's Station, Tennessee. The median listing price is $960K.
Active listings
118
Homes on market
Median list price
$960K
Avg. days on market
61
Days until sale
New this week
36
Newly listed
What are homes worth in Thompson's Station?
Zillow home value
$743,087
Zillow rent index
$2,281/mo
Price-to-rent ratio
27.2x
Source: Zillow Research
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.
Is Thompson's Station a good real estate investment market?
For investors evaluating Thompson's Station, the price-to-rent ratio of 27.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 15.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Thompson's Station's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Thompson's Station's median home price.
Frequently asked questions
What is the average home price in Thompson's Station?
The median home sale price in Thompson's Station is $890,000, up 15.6% from last year.
How long do homes stay on market in Thompson's Station?
Homes typically spend 61 days on market before going under contract.
Is Thompson's Station a buyer's or seller's market?
With 4.1 months of supply, Thompson's Station is currently a leaning buyer's.
What is the Zillow home value estimate for Thompson's Station?
The Zillow Home Value Index (ZHVI) for Thompson's Station is $743,087, representing the typical home value in the area.
What is the median condo price in Thompson's Station?
The median condo/co-op sale price in Thompson's Station, TN is $390,000, compared to $995,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Thompson's Station?
The median single-family home price in Thompson's Station, TN is $995,000 (about $314 per square foot).
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