🏠 How Thunder Bay Luxury Home Asking Prices Compare
As of September 22, 2026, the median asking price for luxury homes in Thunder Bay is $759,900.
Compared with the other cities and townships in Thunder Bay:
Higher-priced than Thunder Bay: Shuniah ($1,475,000, about 94.1% higher), First Nations ($899,000, about 18.3% higher), Schreiber ($849,000, about 11.7% higher), and Thunder Bay Remote Area ($799,900, about 5.3% higher).
Lower-priced than Thunder Bay: Greenstone ($569,900, about 25% lower), Red Rock ($359,900, about 52.6% lower), Marathon ($329,900, about 56.6% lower), Terrace Bay ($225,000, about 70.4% lower), and Manitouwadge ($215,000, about 71.7% lower).