As of September 23, 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 ($995,000, about 148.8% higher), First Nations ($772,000, about 93% higher), Neebing ($729,900, about 82.5% higher), Shuniah ($674,900, about 68.7% higher), and Thunder Bay Remote Area ($599,900, about 50% higher).
Lower-priced than Thunder Bay:
Marathon ($275,000, about 31.2% lower), Dorion ($254,900, about 36.3% lower), Red Rock ($234,950, about 41.3% lower), Greenstone ($219,900, about 45% lower), Schreiber ($209,950, about 47.5% lower), Terrace Bay ($174,900, about 56.3% lower), Manitouwadge ($153,200, about 61.7% lower), and Nipigon ($149,000, about 62.7% lower).