Photo: U.S. Embassy and Consulates in Canada · Public domainLittle is being built in Thompson: 0.7 new homes a year per 1,000, against 13.7 for Manitoba’s towns
Going by owners’ own estimates in 2021, the typical home is worth $200,000, the average one $213,200. The values date from May 2021 and are what owners thought their homes were worth, not sale prices. Statistics Canada counted 160 buyers in 2023, paying a median $190,000.
Thompson’s homes, by three sources
Three sources, each set against Manitoba’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $213K
- Owners
- 2,490
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $195K
- ÷ buyers’ income
- 1.5×
- Buyers
- 160
- Manitoba’s towns
- $248K
all residential
- Manitoba’s towns
- $201K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
On the assessment roll, Thompson’s houses sit 19% below Manitoba’s towns
The 2024 assessment roll counts 3,285 homes in Thompson, detached houses 74% of them.
Median assessment by type, 2024 the tick is the median of Manitoba’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Manitoba’s towns with their own figure; assessments compare within a province only.
More homes in poor repair than most: 10% in Thompson (Manitoba’s towns: 6%)
4,675 occupied homes stood in Thompson in 2021, and single-detached houses made up 49% of them. At least half predate 1981.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| Thompson | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | 3% | 5% | 8% |
| Needing major repairs | 10% | 6% | 6% |
| Too small for the household | 11% | 5% | 3% |
| Households in core housing need | 10% | 7% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
2022 was the year Thompson built most: 15 new homes permitted
Building permits added 16 homes in Thompson between 2018 and 2023: some 3 a year. About 25% went into single-unit buildings, where Manitoba’s towns built 67%.
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Thompson against Manitoba’s towns: 33% under the $300,000 median
The census values of Manitoba’s towns, 188 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Home values around Thompson
The places around Thompson at the 2021 census: median and average value, and how many own. Thompson has no close neighbour with figures; the nearest is 144 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Thompson | $200K | $213K | 53% | |
| Division No. 22, Unorganized | $200K | $212K | 63% | 143.9 |
Census 2021 values; km.
Questions about property prices in Thompson
Is Thompson expensive for Manitoba?
No: Thompson’s census median is below the $300,000 of Manitoba’s towns.
What is the average house price in Thompson?
Buyers paid $195,000 on average in 2023, or 1.5 years of their income at the median.
How many households in Thompson are in core housing need?
10% of Thompson’s households, above the 7% of Manitoba’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.
Can I see individual sales or prices by street?
Not here: individual sales sit with provincial registries and aren’t open, so the published figures are town medians and averages.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).