Is Thompson, OH 44086 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Thompson is a seller’s market. With about 1.6 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list102%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$187▲ +9.2% vs. last year

The Thompson housing market right now

In the three months ending August 31, 2026, 50% of homes in Thompson, OH 44086 sold above their list price, the typical home went under contract in 21 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (58 days then) and the median sale price rose 30% to $377,087. Overall, Thompson is more competitive than a year ago, so tougher for buyers.

Within Geauga County, homes here sell faster than in 70% of the county’s ZIP codes, and sell more often over asking than in 80%.

Nearby, buyers who want less competition could look at Huntsburg 44046 (14% sold over asking) or Montville 44064 (17% sold over asking), while Parkman 44080 (100% sold over asking) and Newbury 44065 (67% sold over asking) are even more competitive.

Nearby markets

Burton 44021Seller’s market $170 /sq ftChagrin Falls 44023Seller’s market $234 /sq ftChardon 44024Seller’s market $200 /sq ftChesterland 44026Seller’s market $194 /sq ft Browse all markets →

Where Thompson is

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Questions about Thompson real estate

Is Thompson a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Thompson, OH 44086 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Thompson?

The typical home went under contract in 21 days in the latest three months.

Do homes in Thompson sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 102.0% of the list price.

What are property taxes in Thompson?

About 1.38% of a home’s value a year in Geauga County, or roughly $5,520 on a $400,000 home.

What is the median home price in Thompson?

The median sale price was $377,087 in the three months ending August 31, 2026, about $187 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology