Thunder Bay Housing Market
Housing Market Report for October 2026
Avg Price
$401,450
▼ -0.4% YoY
Median Price
$392,450
▲ +19% YoY
Homes Sold
6
▼ -92.2% YoY
New Listings
0
Active Listings
104
▲ +1055.6% YoY
Avg Days on Market
13
▼ -62.9% YoY
The Thunder Bay housing market recorded an average home price of $401,450 in October 2026, which decreased 0.4% compared to the same period last year. A total of 6 homes were sold with 104 active listings currently on the market.
Thunder Bay Home Prices
Inventory levels and sales activity reveal how competitive the Thunder Bay market is right now. The chart below shows new listings entering the market each month alongside the number of homes sold and the total active inventory available to buyers.
Thunder Bay Housing Inventory
Average Price by Bedrooms
Based on homes sold in the last 12 months
| Bedrooms | Avg Price | Median Price | Homes Sold |
|---|---|---|---|
| 1 Bd | $221,145 | $219,900 | 11 |
| 2 Bd | $330,346 | $299,900 | 119 |
| 3 Bd | $384,634 | $349,900 | 229 |
| 4 Bd | $471,427 | $445,000 | 163 |
| 5 Bd | $609,850 | $494,900 | 44 |
| 6 Bd | $660,250 | $564,900 | 12 |
Price Trends by Property Type
About Thunder Bay Housing Market
The Thunder Bay, ON housing market saw 6 homes sold in October 2026 with 0 new listings added to the market. The average sale price decreased 0.4% year-over-year to $401,450, while the median sat at $392,450. Homes in Thunder Bay sell after an average of 13 days on the market. There are currently 104 active listings available for buyers to consider.