206 Thunder Bay Real Estate
Updated June 24, 2026
Currently a balanced market in Thunder Bay. Browse 206 live MLS® listings, neighbourhood market stats, and recent sold history across Thunder Bay, Ontario — refreshed every few minutes.
- Licensed real estate brokerage
- Direct MLS® feed
- 24/7 Zara AI
- Paired mortgage support
- For sale206
- For rent37
- Sold history61
- Avg sold price$457,045
Meet Zara · Thunder Bay
Ask Zara about any listing, neighbourhood, school zone, or sold comparable in Thunder Bay. Available 24/7 via chat or phone — no signup, no waiting.
Thunder Bay, Ontario currently has 206 active MLS® listings for sale, alongside 61 sold-property records, neighbourhood-level pricing, and recent market trend data — all sourced directly from MLS® and refreshed every few minutes. Summitly is a licensed Canadian mortgage brokerage, so you can browse listings and talk to a mortgage advisor in the same flow.
Search Ontario homes on the map
Thunder Bay market temperature, 12-month trend & Zara's take
Composite hotness score, the year-long sold-price line, and a plain-English read on the data from Zara, our real estate AI.
Thunder Bay is a balanced market
Composite score derived from days-on-market and months-of-inventory signals.
- Days on market14Lower = hotter
- Months of inventory13.1Under 4 = hot
- Closed (30d)47MLS® last 30 days
Average sold price in Thunder Bay
Last 12 months of MLS® closed transactions, average per month.
| Month | Avg sold | Closed |
|---|---|---|
| Jul 25 | $235,000 | 1 |
| Aug 25 | $0 | 0 |
| Sep 25 | $0 | 0 |
| Oct 25 | $235,000 | 1 |
| Nov 25 | $0 | 0 |
| Dec 25 | $38,000 | 1 |
| Jan 26 | $330,000 | 2 |
| Feb 26 | $0 | 0 |
| Mar 26 | $1,140,000 | 1 |
| Apr 26 | $325,000 | 1 |
| May 26 | $0 | 0 |
| Jun 26 | $459,915 | 46 |
Average sold prices are up roughly 95.7% over the last 12 months — a sign of sustained demand. Supply is generous at ~13.1 months — more room to negotiate.
Buyers: you have time to make a measured decision and negotiate. Sellers: presentation and pricing strategy matter more than timing.
Thunder Bay homes for sale by price range
Live MLS® counts per price band.
- Under $500K131
- $500K – $750K33
- $750K – $1M17
- $1M – $1.5M12
- $1.5M – $2M5
- Over $2M8
Thunder Bay homes by property type
Detached, semi-detached, townhouse, condo, multi-family and commercial inventory — all in one view.
- DetachedStandalone homes on their own lot.111 listings
- Semi-DetachedSide-by-side homes sharing a wall.5 listings
- TownhousesMulti-storey row homes.0 listings
- CondosApartments and condo suites.18 listings
- Multi-FamilyDuplexes, triplexes, fourplexes.15 listings
- CommercialRetail, office, industrial.0 listings
Thunder Bay listings by bedroom count
- 1+ Bedroom141
- 2+ Bedrooms128
- 3+ Bedrooms78
- 4+ Bedrooms24
- 5+ Bedrooms5
Popular Thunder Bay searches
The way buyers really search — new listings, price drops, with pool, finished basement, fixer-uppers, top schools, and more. One tap drops you on the map with that filter applied.
Common Thunder Bay real estate questions, answered
Short, direct answers tuned for AI search and voice assistants.
Is Thunder Bay a good place to buy real estate?
Thunder Bay consistently ranks among Ontario's most-searched real estate markets. Whether it's a good fit for you depends on your budget, timing, and financing — open the Market Insights block below for live MLS® data, then talk to a Summitly mortgage advisor about affordability.
What's the average house price in Thunder Bay?
Live average and median sold prices for Thunder Bay are displayed in the Market Snapshot section above, calculated from MLS® closed transactions in the last 30 days. Prices vary widely by neighbourhood, property type, and bedroom count — use the browse tiles to drill in.
How many homes are for sale in Thunder Bay right now?
206 homes are actively listed for sale on the MLS® in Thunder Bay right now, according to live MLS® data refreshed within the last few minutes.
How long does it take to sell a home in Thunder Bay?
The average days-on-market figure in the Market Snapshot section reflects how quickly homes are selling in Thunder Bay right now. Lower is hotter — anything under 14 days typically indicates a seller's market.
How many homes have recently sold in Thunder Bay?
Summitly's sold-history index covers 61 closed MLS® transactions in Thunder Bay, each with the original list price, sold price, and days on market.
Should I rent or buy in Thunder Bay?
That depends on rent-to-price ratios, your time horizon, and your tax situation. Run the numbers with Summitly's mortgage calculator, then ask Maya our AI assistant — or talk to a licensed mortgage advisor — for a personal recommendation.
Most-searched neighbourhoods in Thunder Bay
Where the action is right now — ranked by active MLS® inventory.
- 19 activeCollege HeightsLive MLS®Browse
- 19 activeWestfortLive MLS®Browse
- 17 activeCourt / CumberlandLive MLS®Browse
- 15 activeMckeller ParkLive MLS®Browse
- 14 activeShuniahLive MLS®Browse
- 12 activeEast EndLive MLS®Browse
- 9 activeHyde ParkLive MLS®Browse
- 9 activeJohn Street NorthLive MLS®Browse
- 9 activeParkdaleLive MLS®Browse
- 7 activeAcademy HeightsLive MLS®Browse
Most-active postal codes in Thunder Bay
Forward Sortation Areas (the first 3 characters of a Canadian postal code) ranked by current MLS® inventory.
Living in Thunder Bay, Ontario
Thunder Bay is one of Ontario's most-searched real estate markets. Summitly's Thunder Bay hub tracks 206 active for-sale listings alongside recent sold history, neighbourhood pricing, days-on-market, and lender-ready financing — all in one place.
Whether you're house-hunting in Thunder Bay for the first time or trading up, the data on this page comes directly from the MLS® and refreshes every few minutes. Use the price-band, property-type, and bedroom browse tiles below to narrow inventory in seconds, or jump straight onto the interactive map to draw your own search area.
Already pre-approved? Click any listing card to talk to a licensed Summitly mortgage advisor about financing. Not pre-approved yet? Maya, Summitly's AI mortgage assistant, can give you a target purchase price in under two minutes — no credit pull required.
How to buy a home in Thunder Bay
The exact playbook Summitly's licensed advisors walk every first-time buyer through.
- 1
Get pre-approved with a Summitly mortgage advisor
Confirm your maximum purchase price and lock a rate hold before you start touring properties in Thunder Bay. Summitly's licensed advisors compare 30+ lenders without a hard credit pull.
- 2
Browse live MLS® listings in Thunder Bay
Use the browse-by-price, browse-by-type, and bedroom tiles on this page to narrow inventory in seconds. Open any listing for full details, photos, and neighbourhood comparables.
- 3
Tour homes with a licensed agent
Summitly can connect you with a vetted Thunder Bay agent or your existing realtor — every listing on the site is real, MLS®-sourced, and bookable for showings.
- 4
Make an informed offer using sold history
Reference the recently-sold section below to benchmark fair value before you write the offer. Zara, our real estate AI, can also pull instant comparables for any address you ask about.
- 5
Close with confidence
Your Summitly advisor coordinates the lender, lawyer, and closing paperwork so the keys end up in your hand on time. Insurance and movers are optional add-ons.
Buying and selling in Thunder Bay — your questions, answered
Plain-English answers grounded in live MLS® data and Summitly's broker-of-record knowledge.
How many homes are for sale in Thunder Bay right now?
There are 206 homes currently for sale in Thunder Bay, Ontario according to live MLS® data. Summitly refreshes this count every few minutes so you're always working with the most current inventory.
How much does an average home cost in Thunder Bay?
Average and median sale prices for Thunder Bay, Ontario are calculated from closed MLS® transactions over the last 30 days. You can see the live numbers in the Market Insights block on this page, or open any property to see neighbourhood-level comparables.
Can I rent in Thunder Bay on Summitly?
Yes — Summitly currently lists 37 rental properties in Thunder Bay, Ontario. Use the For Rent toggle in the search bar to filter to leases.
How many homes have sold in Thunder Bay recently?
Summitly's sold-history index for Thunder Bay covers 61 closed transactions. Each sold record includes the original list price, the final sold price, and days on market so you can benchmark fair value before you offer.
Is now a good time to buy in Thunder Bay, Ontario?
That depends on your personal financing and time horizon. The Market Insights block on this page shows average and median sold price, days on market, and closed transaction count — the four signals most agents use to read the market. For a personal answer, ask Maya in the chat for a tailored affordability snapshot.
Does Summitly cover all Ontario cities?
Yes — Summitly maintains live, MLS®-connected city pages for every major Ontario municipality. Use the nearby-cities grid below to jump to a neighbouring market, or visit the Ontario hub for the full city list.
Where does Summitly's Thunder Bay listing data come from?
Every active listing, sold record, and market statistic on this page is sourced from the MLS®, refreshed every few minutes. Summitly does not scrape or guess — if it's on this page, a licensed Canadian brokerage has authorised the feed.
Can I get a mortgage pre-approval through Summitly while I browse?
Yes. Summitly is built on top of a real Canadian mortgage brokerage. Click "Get pre-approved" anywhere on the site or chat with Maya, our AI mortgage assistant, to start an application. You'll get rates from 30+ lenders without a hard credit pull.
Coldwell Banker Summit Realty, Brokerage
Our Thunder Bay team handles the entire transaction — from first showings to negotiated offers and final close. And when you're ready to finance, Summitly's paired mortgage team compares rates across 350+ lenders, all under one roof.
Coldwell Banker Summit Realty, Brokerage. Waqar Afzal, Broker of Record. Each office is independently owned and operated.
Ready to make a move in Thunder Bay?
Get pre-approved in minutes, talk to a licensed mortgage advisor, or ask Maya for a personal affordability snapshot.