Home prices
The median home in Thompson costs $210,100. Compared to the surrounding areas this is approximately $53,400 (34%) higher.It is approximately $7,400 (3%) lower compared to the rest of the nation, and in comparison to the city of Fargo is is very similar.
Rents
The median monthly rent in Thompson is $670. Compared to its nearby areas this is roughly $105 (13%) lower.It is about $392 (36%) lower compared to the entire country, and in comparison to the city of Fargo is about $153 (18%) lower.
Nearby places
Reynolds
Reynolds is roughly 6 miles south from Thompson. Its housing prices are substantially less expensive. The median home in Reynolds costs $115,900, which works out to $94,200 (81%) lower than Thompson. Rent there is a bit more expensive. The median rent in Reynolds is $775 per month, which comes out to $105 (13%) higher than Thompson.
Grand Forks
Grand Forks is approximately 8 miles north of Thompson. Its housing prices are pretty similar. The cost of the median home in Grand Forks is $210,300, which is very similar to Thompson. The rent there is a bit more expensive. The median monthly rent in Grand Forks is $811, which works out to $141 (17%) higher than Thompson.
East Grand Forks
East Grand Forks is roughly 9 miles north of Thompson. Real estate prices there are a little less expensive. The median home in East Grand Forks costs $196,500, which works out to $13,600 (6%) lower than Thompson. Rents there are somewhat more expensive. In East Grand Forks the median monthly rent is $721, which is $51 (7%) higher than Thompson.
Buxton
Buxton is about 10 miles south of Thompson. The housing prices there are significantly less expensive. Buxton's median home value is $138,200, which works out to $71,900 (52%) lower than Thompson. Rents there are somewhat more expensive. The median rent in Buxton is $875 a month, which works out to $205 (23%) higher than Thompson.
Fisher
Fisher is about 12 miles east from Thompson. The real estate prices there are a lot less expensive. Fisher's median home value is $122,600, which is $87,500 (71%) lower than Thompson. Rent there is pretty similar. Fisher's median monthly rent is $692, which is $22 (3%) higher than Thompson.
