As of July 26, 2026, the median asking price for houses in
Thunder Bay is $399,999.
Compared with the other cities and townships in Thunder Bay:
Higher-priced than Thunder Bay:
Oliver Paipoonge ($1,124,450, about 181.1% higher), First Nations ($727,400, about 81.9% higher), Shuniah ($642,400, about 60.6% higher), Neebing ($575,000, about 43.8% higher), and Thunder Bay Remote Area ($529,900, about 32.5% higher).
Lower-priced than Thunder Bay:
Dorion ($274,900, about 31.3% lower), Marathon ($270,000, about 32.5% lower), Red Rock ($254,900, about 36.3% lower), Greenstone ($234,900, about 41.3% lower), Terrace Bay ($164,450, about 58.9% lower), Manitouwadge ($158,000, about 60.5% lower), Schreiber ($147,450, about 63.1% lower), and Nipigon ($139,900, about 65% lower).