The Thompson Oaks housing market is somewhat competitive. The median sale price of a home in Thompson Oaks was $345K last month, down 20.4% since last year. The median sale price per square foot in Thompson Oaks is $193, up 3.2% since last year.
What is the housing market like in Thompson Oaks today?
In July 2025, Thompson Oaks home prices were down 20.4% compared to last year, selling for a median price of $345K. On average, homes in Thompson Oaks sell after 14 days on the market compared to 92 days last year. There were 9 homes sold in July this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$345,000
-20.4% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Thompson Oaks, MN
$345,000
-20.4%
United States
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How hot is the Thompson Oaks housing market?
Thompson Oaks is somewhat competitive. Homes sell in 144 days.
0
100
39
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 144 days.
Hot homes
can sell for around list price and go pending in around 14 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Thompson Oaks housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Thompson Oaks.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Thompson Oaks has a minor risk of flooding. 36 properties in Thompson Oaks are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Thompson Oaks. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Thompson Oaks has a moderate risk of wildfire. There are 5 properties in Thompson Oaks that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Thompson Oaks.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Thompson Oaks has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Thompson Oaks is most at risk from tornadoes. 806 properties in Thompson Oaks have some risk of being in a severe wind event within the next 30 years.