If you've been watching the "For Sale" signs in Thompson, here's what's actually happening. The average HonestDoor Price sits at $905,747 - and yes, it's down a small 1.23% from last period. That's not a crash. That's the market taking a breather after a strong run. The predicted market value is actually tracking slightly higher at $917,008, and the 3-month moving average of $914,878 is still climbing. In plain English: the floor is holding.
On the rental side, we're looking at strong numbers. Average rental income is estimated at $3,934 per month, with a rental yield of 4.83%. That's a moderate but real return - the kind that makes a Thompson property pull double duty as both a home and an asset. If you're thinking short-term rental, the Airbnb estimate comes in at $195 per night, ranking Thompson 15th in all of Niagara Falls for Airbnb potential. That's a top-tier spot in a city that tourists genuinely love.
Here's a stat worth knowing. Thompson ranks 19 out of 64 comparable neighbourhoods in Niagara Falls for growth. That puts us in the above-average tier - not the flashiest number on the board, but solidly ahead of the pack. More than two-thirds of neighbourhoods in this city are growing slower than Thompson. That matters when you're deciding whether to hold or sell.
Look at what's around us for context:
Every single neighbouring hood comes in cheaper - by a significant margin. Thompson isn't just holding value, it's holding a premium. Buyers who get priced out of Thompson don't disappear. They move to Church or Ker. That demand pressure keeps our prices sticky.
Here's the thing about your city tax assessment: it's old data. The city looks at your home once every few years and slaps a number on it. That number is not what your house is worth today. It's what a bureaucrat estimated it was worth sometime in the past.
The HonestDoor Price is different. It's a real-world check - updated regularly, pulling from actual market activity. Right now, that number for Thompson homes is $905,747 on average, with a predicted value of $917,008. If your tax assessment is sitting below that range, you could be leaving serious money on the table when you price your home. If it's above that range, you might be overpaying on property taxes and should know that too. Either way, you deserve the real number - not the government's stale guess.
If you're thinking about listing this summer, the timing is worth a serious look. Values are not in freefall - the predicted price is actually ticking up against the 3-month average. The small -0.44% recent change is noise, not a trend. Thompson is still an above-average performer in this city.
The case for selling now comes down to three things:
The market isn't on fire right now, but it's not broken either. If you've been sitting on Thompson real estate for a few years, summer 2025 is a reasonable window to have that conversation. Pull your HonestDoor Price first. Know your real number before you call anyone.
thompson | niagara falls | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.