Thunder Bay

Residential Activity


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Residential sales activity in the Thunder Bay area slowed in the first quarter of 2026 compared to the first quarter of 2025.

Residential property sales numbered 282 units in the first quarter of 2026, down 12.7% compared to the same quarter in 2025.

Single detached home sales slowed 7.4% in the first quarter of 2026.

Summary – Sales and Median Price / Single Detached
CategoryQ4-2025Q4-2024Year-over-year % change
Unit Sales456 422 8.1
Median Sale Price$344,950$330,5004.4




The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the Thunder Bay. The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. In providing this information, neither The Canadian Real Estate Association nor the Thunder Bayassumes any responsibility or liability. Copyright ©2026. The Canadian Real Estate Association. All rights reserved. Reproduction in whole or in part is prohibited without written permission.

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