Is Thompson's Station a buyer's or seller's market right now?

Thompson's Station is currently a balanced market with 4.2 months of supply. 25% of homes sell above asking price, and 23.5% go pending within two weeks. The Ridley Sell Score for Thompson's Station is 34/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Thompson's Station?

The median home price in Thompson's Station is $649,950, down 36.1% year-over-year. The median price per square foot is $354. Homes sell in a median of 145 days with a sale-to-list ratio of 97.4%.

How much does it cost to sell a home in Thompson's Station, Tennessee?

On a $649,950 home in Thompson's Station, a traditional listing agent charges around $19,499 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $51,996 or more. With Ridley Essentials ($999) you save $18,500, and with Ridley Pro ($3,499) you save $16,000 while getting full agent support.

How does Ridley's flat fee compare to a traditional Thompson's Station agent?

A traditional Thompson's Station listing agent typically charges 3% of the sale price — about $19,499 on a $649,950 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $18,500–$16,000 compared to a traditional agent.

How long does it take to sell a home in Thompson's Station?

The median home in Thompson's Station currently spends 145 days on the market before going under contract. 23.5% of homes go pending within two weeks. At a 97.4% sale-to-list ratio, sellers are seeing some negotiation. Only 16.9% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Tennessee?

No. Tennessee does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $649,950 home, that could save you up to $16,000.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Tennessee. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $19,499 commission.

National/Tennessee

Thompson's Station, TN

Is Now a Good Time to Sell in Thompson's Station, Tennessee?

The median home in Thompson's Station sells for $649,950 with prices down 36.1% year-over-year. The average seller pays $19,499 in commissions — Ridley’s flat fee saves you $16,000.

Thompson's Station Real Estate Market Conditions — March 2026

34out of 100

Ridley Sell Score

How it's scored →

Cooling

34/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Thompson's Station market is cooling, and sellers need to be strategic. Homes are taking longer to sell — be patient and avoid chasing the market down. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

4.2 months of supply — near the balanced threshold of 5 months. Tennessee average is 5.9.

Price MomentumFavors buyers

Prices down 36.1% year-over-year — vs. -0.3% statewide.

Seller LeverageNeutral

Homes selling at 97.4% of asking — buyers are negotiating 2.6% below list. Tennessee average is 97%.

Bidding ActivityNeutral

25% of homes selling above list price — 92% above the Tennessee average of 13%.

Sale SpeedFavors buyers

145 median days on market — 56 days slower than the Tennessee average.

Market UrgencyNeutral

23.5% of listings go pending within 2 weeks — vs. 22.4% statewide.

Price StabilityNeutral

16.9% of listings have dropped their price. Tennessee average is 21.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$649,950

-36.1%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

145

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$354

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

97.4%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

4.2

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

25%

Moderate demand

Price Drops

Percentage of active listings that had a price reduction.

16.9%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

23.5%

Slower pace

12-Month Price Trend

$739,950 → $649,950

▼12.2%

$1.0M$900K$800K$700K

AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Thompson's Station — delivered monthly.

Your savings

How much can you save selling your home in Thompson's Station?

The average Thompson's Station homeowner saves $16,000 by selling with Ridley instead of paying the traditional 3% listing commission on a $649,950 home.

$0Estimated savings

That's a dream family vacation — save 2.5% of your home value

Your Thompson's Station home value

$649,950

$50,000$10M

Traditional Agent (3%)

$19,499

Ridley Pro (flat fee)

$3,499

Ready to sell in Thompson's Station?

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Cost comparison

How much does it cost to sell a house in Thompson's Station?

The total cost to sell a house in Thompson's Station in 2026 ranges from $999 with Ridley Essentials to approximately $19,499 with a traditional 3% commission on a $649,950 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$19,499	$3,499	$999	$0
Buyer agent	$18,1992.8% avg	$12,999~2% avg	$12,999~2% avg	$18,1992.8% avg
Closing costs (~1.5%)	$9,749	$9,749	$9,749	$9,749
Total cost	$47,447	$26,247	$23,747	$27,948
Net proceeds	$602,503	$623,703	$626,203	$622,002
You save	—	$16,000	$18,500	$19,499No support