Thunder Bay Real Estate Market
Thunder Bay is currently a seller's market with 3.4 months of inventory.
- ActiveCurrent active residential listings.
- 892
- Sold (12 mo)Sold residential listings, trailing 12 months.
- 1,232
- Median PriceMedian sold price, trailing 6 months.
- $390K
- Avg DOMAverage days on market (sold, 6 months).
- 33 days
- SP/LPMean sale-to-list ratio (6 months).
- 104.5%
- MOIMonths of inventory (3-month basis).
- 3.4 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 |
|---|---|---|---|---|---|---|---|---|---|
| Manitouwadge | Thunder Bay | 30 | 15 | $108K | 82 days | 88.8% | 9.0 months | Buyer's Market | |
| Greenstone | Thunder Bay | 45 | 15 | $165K | 89 days | 91.3% | 15.0 months | Buyer's Market | |
| Marathon | Thunder Bay | 15 | 16 | $189K | 77 days | 96.0% | 3.7 months | Seller's Market | |
| Neebing | Thunder Bay | 9 | 11 | $285K | 64 days | 104.3% | 3.4 months | Seller's Market | |
| Thunder Bay Remote Area | Thunder Bay | 47 | 23 | $305K | 53 days | 93.3% | 6.7 months | Buyer's Market | |
| Thunder Bay | Thunder Bay | 657 | 1,104 | $408K | 24 days | 106.7% | 2.2 months | Seller's Market | |
| Shuniah | Thunder Bay | 27 | 15 | $493K | 44 days | 102.7% | 6.7 months | Buyer's Market | |
| Oliver Paipoonge | Thunder Bay | 9 | 23 | $607K | 34 days | 109.7% | 1.5 months | Seller's Market | |
| Terrace Bay | Thunder Bay | 29 | 7 | N/A | 37 days | 89.5% | 12.4 months | Buyer's Market | |
| Dorion | Thunder Bay | 10 | 3 | N/A | 104 days | 88.7% | 13.5 months | Buyer's Market | |
| Schreiber | Thunder Bay | 14 | 0 | N/A | N/A | N/A | N/A | — | — |