Thompson, NY housing market
Home prices around Thompson have risen about 115% over the past 5 years. Builders were permitted 60 new homes in 2025.
Home values, sales, trends and how Thompson compares with the towns next door — updated as new data is published.
Home prices up 115% in 5 years
The federal house price index for the ZIP codes around Thompson rose 115% over the past 5 years, faster than across New York (52%). Last year prices rose 14%. Carrying the Census median home value forward with that index puts the typical Thompson home at roughly $562,000 today.
Show as a table
| Year | Change that year | Since 2000 | New York since 2000 |
|---|---|---|---|
| 2025 | +14% | +302% | +189% |
| 2024 | +5.2% | +254% | +173% |
| 2023 | +23% | +237% | +154% |
| 2022 | +27% | +173% | +135% |
| 2021 | +16% | +116% | +108% |
| 2020 | +10% | +87% | +90% |
| 2019 | +3.3% | +69% | +84% |
| 2018 | +14% | +64% | +78% |
| 2017 | +0.6% | +43% | +68% |
| 2016 | −2.8% | +42% | +61% |
| 2015 | +11% | +46% | +56% |
| 2014 | −6.7% | +32% | +52% |
| 2013 | −0.5% | +42% | +48% |
| 2012 | −4.2% | +42% | +47% |
| 2011 | −9.8% | +49% | +51% |
| 2010 | −1.9% | +65% | +54% |
| 2009 | −5.5% | +68% | +59% |
| 2008 | −9.7% | +78% | +69% |
| 2007 | +0.5% | +97% | +73% |
| 2006 | +11% | +96% | +73% |
| 2005 | +18% | +76% | +62% |
| 2004 | +15% | +50% | +43% |
| 2003 | +7.8% | +30% | +28% |
| 2002 | +19% | +21% | +18% |
| 2001 | +1.5% | +1.5% | +8.3% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 12701, 12775, 12790, 12751, 12742, 12734, covering 75% of Thompson’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
60 new homes permitted in 2025
Builders were permitted 60 new homes in Thompson in 2025, all single-family houses, worth about $12.3 million to build. That's 3.6 per 1,000 residents, faster than across New York (1.8). Over the past 10 years, Thompson has permitted 580 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Thompson gained 1,242 residents while 584 new homes were permitted: about 2.1 new residents per new home. Building and growth moved roughly in step. Across New York: 2.2 new residents per new home.
How Thompson ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 37 | 37 | 0 | $7.6 million |
| 2025 | 60 | 60 | 0 | $12.3 million |
| 2024 | 57 | 57 | 0 | $11.7 million |
| 2023 | 51 | 51 | 0 | $10.4 million |
| 2022 | 52 | 52 | 0 | $10.9 million |
| 2021 | 56 | 54 | 2 | $5.7 million |
| 2020 | 68 | 68 | 0 | $10.3 million |
| 2019 | 60 | 60 | 0 | $9.1 million |
| 2018 | 61 | 61 | 0 | $9.2 million |
| 2017 | 59 | 59 | 0 | $8.9 million |
| 2016 | 56 | 56 | 0 | $8.5 million |
| 2015 | 71 | 71 | 0 | $10.7 million |
| 2014 | 83 | 83 | 0 | $12.7 million |
| 2013 | 81 | 81 | 0 | $11.3 million |
| 2012 | 10 | 10 | 0 | $1.8 million |
| 2011 | 77 | 77 | 0 | $7.2 million |
| 2010 | 26 | 26 | 0 | $3.5 million |
| 2009 | 35 | 31 | 4 | $3.2 million |
| 2008 | 61 | 59 | 2 | $7.6 million |
| 2007 | 70 | 58 | 12 | $13.8 million |
| 2006 | 85 | 83 | 2 | $13.1 million |
| 2005 | 139 | 107 | 32 | $18.8 million |
| 2004 | 97 | 81 | 16 | $11.1 million |
| 2003 | 135 | 81 | 54 | $13.8 million |
| 2002 | 130 | 100 | 30 | $16.4 million |
| 2001 | 52 | 30 | 22 | $5.9 million |
| 2000 | 40 | 40 | 0 | $3.9 million |
Thompson's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
How Thompson ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Thompson and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Thompson | +13.7%† | $1,410 | 60 | $65,021 |
| Bethel | — | $1,420 | 18 | $67,048 |
| Fallsburg | — | $1,410 | 241 | $62,452 |
| Forestburgh | — | $1,500 | 4 | $133,438 |
| Mamakating | +16.3%† | $1,730 | 24 | $90,631 |
† FHFA price index change, where Zillow has no home value for the town.
3.5 years of income
The typical Thompson home costs about 3.5 years of the town's median household income, less than across New York (6.1 years).
How Thompson ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,410
HUD's Fair Market Rent for a two-bedroom in Thompson is $1,410 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Thompson pay a median of $1,126, so moving in tends to cost more than staying put. A two-bedroom takes about 26% of the town's median household income.
Studio $1,080 · 4 bedrooms $2,040
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (12701, 12734, 12742, 12751, 12775, 12790; Sullivan County, NY), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.