As of September 22, 2026, the median asking price for houses in
Thunder Bay is $404,950.
Compared with the other cities and townships in Thunder Bay:
Higher-priced than Thunder Bay:
Oliver Paipoonge ($1,022,000, about 152.4% higher), Neebing ($789,900, about 95.1% higher), First Nations ($772,000, about 90.6% higher), Shuniah ($674,900, about 66.7% higher), and Thunder Bay Remote Area ($599,900, about 48.1% higher).
Lower-priced than Thunder Bay:
Marathon ($275,000, about 32.1% lower), Dorion ($254,900, about 37.1% lower), Red Rock ($234,950, about 42% lower), Greenstone ($219,900, about 45.7% lower), Schreiber ($209,950, about 48.2% lower), Terrace Bay ($174,900, about 56.8% lower), Manitouwadge ($153,200, about 62.2% lower), and Nipigon ($149,000, about 63.2% lower).