Thompson, Grand Forks County, ND

Median Home Price Price

$343,490 $343.5K

Median Monthly Rent Rent

$951 $951

30.0x

Market Snapshot

Thompson, Grand Forks County, ND is a city market with a median home price of $343,490, a median monthly rent of $951, a GRM of 30.0x, and a price-to-rent ratio of 30.1.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

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Northwood
$221K $813 23.0x
Larimore
$192K $956 17.0x
Emerado
$208K $871 20.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Grafton, Walsh County, ND
$155K $856 15.0x
Casselton, Cass County, ND
$298K $956 26.0x
Devils Lake, Ramsey County, ND
$224K $845 22.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Wilson, Lynn County, TX
$274K $949 24.0x
Stanton, Montcalm County, MI
$203K $1.0K 16.0x
Catheys Valley, Mariposa County, CA
$474K $1.3K 30.0x

Home prices

Monthly rent

GRM = home price / annual rent

Thompson

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Benchmark comparison

Compare Thompson, ND to another market.

Compare to Northwood, ND
Thompson, ND
Northwood, ND
Delta
Median rent
$951
N/A
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Median price
$343,490
N/A
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YoY change
+$58
N/A
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Price-to-rent
30.1x
Data unavailable
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Key takeaways

  • Thompson, Grand Forks County, ND has a higher-grm screening profile: At 30.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $58 year over year.
  • Next discovery step: compare Northwood, Grand Forks County, ND from the Same county set.