Thunder Bay Real Estate Market
Thunder Bay is currently a buyer's market with 6.8 months of inventory.
- ActiveCurrent active residential listings.
- 13
- Sold (12 mo)Sold residential listings, trailing 12 months.
- 29
- Median PriceMedian sold price, trailing 6 months.
- $390K
- Avg DOMAverage days on market (sold, 6 months).
- 28 days
- SP/LPMean sale-to-list ratio (6 months).
- 105.4%
- MOIMonths of inventory (3-month basis).
- 6.8 months
Source: MLS data under license · Aggregated by REintel / Direct Realty Ltd., Brokerage · Trailing 12 months · sold residential · median 12-month basis
Municipalities in Thunder Bay
| City | Region | Active | Sold | Median | Avg DOM | SP/LP | MOI | Regime | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Oliver Paipoonge | Thunder Bay | 0 | 1 | $672K | 49 days | 102.1% | 2.4 months | Seller's Market | |
| Thunder Bay | Thunder Bay | 3 | 24 | $420K | 17 days | 108.5% | 3.7 months | Seller's Market | |
| Marathon | Thunder Bay | 0 | 0 | N/A | 63 days | 96.9% | 6.0 months | Balanced Market | |
| Thunder Bay Remote Area | Thunder Bay | 0 | 1 | N/A | 17 days | 93.3% | 24.0 months | Buyer's Market | |
| Greenstone | Thunder Bay | 4 | 0 | N/A | 93 days | 92.4% | 13.5 months | Buyer's Market | |
| Manitouwadge | Thunder Bay | 2 | 1 | N/A | 59 days | 85.9% | 15.5 months | Buyer's Market | |
| Neebing | Thunder Bay | 0 | 1 | N/A | 81 days | 103.8% | 15.0 months | Buyer's Market | |
| Shuniah | Thunder Bay | 2 | 0 | N/A | 9 days | 106.5% | 24.0 months | Buyer's Market | |
| Dorion | Thunder Bay | 0 | 1 | N/A | N/A | N/A | N/A | Buyer's Market | — |
| Schreiber | Thunder Bay | 0 | 0 | N/A | N/A | N/A | N/A | — | — |
| Terrace Bay | Thunder Bay | 2 | 0 | N/A | N/A | N/A | N/A | — | — |