📍 How Terrace Bay House Asking Prices Compare
As of September 22, 2026, the median asking price for houses in
Terrace Bay is $174,900.
Compared with the other cities and townships in Thunder Bay:
Higher-priced than Terrace Bay:
Oliver Paipoonge ($1,022,000, about 484.3% higher), Neebing ($789,900, about 351.6% higher), First Nations ($772,000, about 341.4% higher), Shuniah ($674,900, about 285.9% higher), Thunder Bay Remote Area ($599,900, about 243% higher), Thunder Bay ($404,950, about 131.5% higher), Marathon ($275,000, about 57.2% higher), Dorion ($254,900, about 45.7% higher), Red Rock ($234,950, about 34.3% higher), Greenstone ($219,900, about 25.7% higher), and Schreiber ($209,950, about 20% higher).
Lower-priced than Terrace Bay:
Manitouwadge ($153,200, about 12.4% lower) and Nipigon ($149,000, about 14.8% lower).