Commercial Real Estate Market in Thompson, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 106 off-market properties in Thompson, CT. Commercial property asks $151/SF to buy and $17.65/SF/Yr to lease.
Market Trends
Thompson, CT spans 22.9 square miles in Windham County, Connecticut. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Thompson, CT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Thompson, CT asks $88/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Thompson, CT runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Thompson, CT asks $116/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 84%
- Commercial 5.3%
Largest Zones share of zoned land by district
Rural Residential Agricultural District
Thompson Corridor Development District
Business Development District
Lake District
Downtown Mill Rehabilitation District
Thompson, CT zones 31,309 acres across 7 districts. Commercial zoning covers 5.3% of zoned land, residential 84%. The largest single district is Rural Residential Agricultural District at 83.5%. For commercial buyers the practical constraint is that only 5.3% of land carries a commercial or industrial designation.
Rural Residential Agricultural District (RRAD)
Generally § 275-6.1 Establishment of zoning districts. § 275-6.2 Zoning Map. § 275-6.3 State or federal property. § 275-6.4 General provisions for all zoning districts. Article 7 Rural Residential Agricultural District (RRAD) § 275-7.1 Intent. § 275-7.2 Table of Permitted Uses. new_releases § 275-7.3 General development standards. § 275-7.4 Agriculture. § 27…
Market overview
Demographics & Economy
Thompson, CT has 3,940 residents in 1,816 households. Density runs 172 people per square mile. Median household income here is $107,390 and median gross rent $1,802 a month.
3,940
Population
1,816
Households
2.2
Avg Household Size
48
Median Age
24%
College-Educated
93%
High-School Grad
22.9 sq mi
ZIP Area
172
Density / Sq Mi
$107,390
Median Household Income
$52,898
Median Earnings
$1,802
Median Rent
$274,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Grosvenor Dale | — | — |
| Putnam | — | $13.58 |
| Pascoag | $194 (county avg) | — |
| Fabyan | — | — |
Commercial property in Thompson, CT asks $151/SF. That compares with $194/SF in Pascoag.
Frequently Asked Questions
What is the average price per square foot for commercial property in Thompson?
Commercial property in Thompson, CT asks an average of $151 per square foot. Multifamily carries the highest asking price at $116/SF.
How much does it cost to lease commercial space in Thompson?
Asking lease rates in Thompson, CT average $17.65 per square foot per year.
How does Thompson compare to nearby markets on price?
Thompson, CT asks $151/SF against $194/SF in Pascoag.
What zoning applies to commercial property in Thompson?
Thompson, CT zones 31,309 acres across 7 districts, of which 5.3% is commercial and 0% industrial. The largest single district is Rural Residential Agricultural District at 83.5% of zoned land. Generally § 275-6.1 Establishment of zoning districts. § 275-6.2 Zoning Map. § 275-6.3 State or federal property. § 275-6.4 General provisions for all zoning districts. Article 7 Rural Residential Agricultural District (RRAD) § 275-7.1 Intent. § 275-7.2 Table of Permitted Uses. new_releases § 275-7.3 General development standards. § 275-7.4 Agriculture. § 27… Residential zoning covers 84% and open space 0%.
Where does Realmo's Thompson market data come from?
Realmo compiles Thompson, CT figures from 6 active sale listings, 2 active lease listings, 106 tracked off-market properties, the current Thompson zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 2 active for-lease listings in Thompson, CT. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 31,309 zoned acres across 7 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
