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Saturday, June 21, 2025

Thomson home prices fall in May 2020

Webp re 2

The median sale price of a home sold in May 2020 in Thomson fell by $21,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In May 2020, there were two homes sold, with a median sale price of $42,500 - a 33.6% decrease over the $64,000 median sale price for the same period of the previous year. There were two homes sold in Thomson in May 2019, as well.

The median sales tax in Thomson for the most recent year with available data, 2018, was $1,792, approximately 4.2% of the median home sale price for May 2020.

The following table compares Thomson to other Carroll County cities in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Mount Carroll31200%$89,000$25,000256%
Lanark14-75%$85,000$61,00039.3%
Savanna69-33.3%$70,000$28,000150%
Milledgeville12-50%$50,000$59,000-15.3%
Thomson220%$42,500$64,000-33.6%
Shannon20-$40,750$0-
Chadwick110%$18,500$8,670113.4%

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