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Thompson, ND Home Values and Rents

The typical home value in Thompson is $408,276, 10th highest of 53 cities and towns in North Dakota. Median rent is $775 a month.

Typical home value
$408,276
10th of 53 in ND
Median rent
$775/mo
ACS 2020-2024
Price change, 1 year
+12.0%
Sep 2026
Homeownership
93.9%
ND: 62.9%

Typical home value in Thompson

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodThompson
Sep 2026$408,276
Dec 2025$376,228
Dec 2024$361,649
Dec 2023$350,972
Dec 2022$381,858
Dec 2021$381,264
Dec 2020$351,641
Dec 2019$317,809
Dec 2018$307,863
Dec 2017$297,124
Dec 2016$295,518
Dec 2015$298,429
Dec 2014$280,655
Dec 2013$266,554
Dec 2012$257,493

Over five years, Thompson prices changed +10.0%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Grand Forks, ND-MN MSA

ND rents
Unit sizeMonthly rentvs FY2026
Studio$816-5.4%
1 bedroom$821-5.4%
2 bedrooms$1,014-6.9%
3 bedrooms$1,404-7.3%
4 bedrooms$1,695-7.2%

Frequently asked questions

What is the typical home value in Thompson, ND?
The typical home value in Thompson is $408,276 (Zillow Home Value Index, Sep 2026). The North Dakota median is $249,900.
How much is rent in Thompson?
The median rent in Thompson is $775 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
Are home prices going up in Thompson?
The typical home value in Thompson changed +12.0% over one year and +10.0% over five years, as of Sep 2026.
How does Thompson compare with the rest of North Dakota?
Thompson has the 10th highest median home value of 53 cities and towns with 1,000+ residents in North Dakota.