What is the median home value in Thompson Township (Geauga County), OH?
The median value of owner-occupied homes in Thompson Township (Geauga County), OH is $269,200 (±$29,240), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Thompson Township (Geauga County), the median home value went from $170,700 in 2015–2019 to $269,200 in 2020–2024 (+57.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $269,200 (±$29,240)
- Owner-occupied homes
- 873 (±90)
- Most common range
- $200,000 to $299,999
Home values in Thompson Township (Geauga County)
| Value | Thompson Township (Geauga County) | Geauga County | Ohio | United States |
|---|---|---|---|---|
| Less than $50,000 | 7.9% (±4.1 points) | 5.0% | 6.3% | 5.3% |
| $50,000 to $99,999 | 2.4% (±3.0 points) | 2.8% | 10.0% | 6.1% |
| $100,000 to $149,999 | 5.4% (±3.6 points) | 3.9% | 13.4% | 6.8% |
| $150,000 to $199,999 | 11.6% (±4.3 points) | 8.6% | 16.3% | 9.0% |
| $200,000 to $299,999 | 31.3% (±8.2 points) | 22.8% | 23.3% | 17.8% |
| $300,000 to $499,999 | 30.5% (±7.5 points) | 38.5% | 21.8% | 26.9% |
| $500,000 to $999,999 | 9.7% (±5.4 points) | 15.7% | 7.7% | 20.9% |
| $1,000,000 or more | 1.3% (±1.3 points) | 2.7% | 1.2% | 7.1% |
The most common range is $200,000 to $299,999, 31.3% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Thompson Township (Geauga County) against Geauga County, its state and the nation
| Thompson Township (Geauga County) | Geauga County | Ohio | United States | |
|---|---|---|---|---|
| Median home value | $269,200 (±$29,240) | $331,100 (±$8,220) | $214,800 (±$742) | $332,700 |
| Owner-occupied homes | 873 (±90) | 31,217 (±607) | 3,267,904 (±16,882) | 84,210,142 |
In Thompson Township (Geauga County), the median home value is lower than in Geauga County ($331,100).
It is also higher than in Ohio ($214,800).
It is lower than the national figure ($332,700).
In Geauga County, Thompson Township (Geauga County) ranks 14 of 23 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 419 of 2,341.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Thompson Township (Geauga County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $170,700 (±$11,858) | $269,200 (±$29,240) | +57.7% | Up after inflation |
| Median owner cost with a mortgage | $1,341 (±$132) | $1,671 (±$190) | +24.6% | No measurable change after inflation |
| Median real estate taxes | $2,134 (±$195) | $2,791 (±$295) | +30.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Thompson Township (Geauga County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Thompson Township (Geauga County) | — | $269,200 (±$29,240) | — |
| Leroy Township | 4.1 mi | $328,700 (±$23,944) | Higher |
| Montville Township (Geauga County) | 5.1 mi | $247,200 (±$28,052) | Not measurably different |
| Trumbull Township | 5.8 mi | $246,200 (±$35,427) | Not measurably different |
| Hambden Township | 6.0 mi | $271,700 (±$25,671) | Not measurably different |
| Hartsgrove Township | 6.6 mi | $174,700 (±$109,631) | Not measurably different |
| Madison | 6.7 mi | $207,100 (±$18,207) | Lower |
| Harpersfield Township | 6.8 mi | $212,500 (±$19,901) | Lower |
| Perry | 7.5 mi | $254,800 (±$22,699) | Not measurably different |
Nearby places with a measurably lower figure: Madison, OH ($207,100), Harpersfield Township, OH ($212,500).
Nearby places with a measurably higher figure: Leroy Township, OH ($328,700).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Geauga County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 8 | Chester Township (Geauga County) | $320,800 (±$24,899) |
| 9 | Newbury Township | $310,500 (±$32,064) |
| 10 | Chardon | $303,000 (±$39,819) |
| 11 | Chesterland | $297,800 (±$25,328) |
| 12 | Claridon Township (Geauga County) | $279,000 (±$53,957) |
| 13 | Hambden Township | $271,700 (±$25,671) |
| 14 | Thompson Township (Geauga County) | $269,200 (±$29,240) |
| 15 | Parkman Township | $266,700 (±$45,427) |
| 16 | Montville Township (Geauga County) | $247,200 (±$28,052) |
| 17 | Burton Township | $244,800 (±$15,650) |
| 18 | Troy Township (Geauga County) | $231,200 (±$53,237) |
| 19 | Burton | $222,700 (±$15,610) |
| 20 | Huntsburg Township | $222,400 (±$18,210) |
Showing 13 of 23 places in Geauga County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Thompson Township (Geauga County)
What is the average home value in Thompson Township (Geauga County), OH?
The Census Bureau publishes the median: $269,200 (±$29,240) for owner-occupied homes in Thompson Township (Geauga County) (2020–2024 American Community Survey).
Have home values in Thompson Township (Geauga County) gone up?
In Thompson Township (Geauga County), the median home value went from $170,700 in 2015–2019 to $269,200 in 2020–2024 (+57.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Thompson Township (Geauga County) sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Thompson township, Geauga County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Thompson township, Geauga County, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Thompson township, Geauga County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Thompson township, Geauga County, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Thompson township, Geauga County, Ohio (county subdivision:76628, in state:39 county:055).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Thompson Township (Geauga County) at a glance
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- Homeowner costs in Thompson Township (Geauga County)
- Property taxes in Thompson Township (Geauga County)
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- Population growth in Thompson Township (Geauga County)
- Fair Market Rent in Thompson Township (Geauga County)
- Ohio landlord and tenant rules
- Housing across Geauga County
- Ohio places ranked by median home value
- Housing data for every place in Ohio