Thunder Bay Real Estate Board

Sales of single detached homes in the City of Thunder Bay numbered 114 units in June 2026. This was down modestly by 2.6% (three sales) from the same period in 2025.

Single detached home sales were 1.2% above the five-year average and 0.5% above the 10-year average for the month of June.

On a year-to-date basis, single detached home sales totaled 399 units over the first six months of the year. This was a decrease of 9.3% from the same period in 2025.

“Although still down from the same period last year, June delivered a strong burst of momentum. Sales surged from May and returned to levels we would normally expect for this time of year. It was a welcome end to the traditionally busy spring market, as we saw buyers finally coming off the sidelines across our region. Newly listed properties rose for the sixth consecutive month, giving buyers more choice and adding fresh energy to local markets,” said Karen Hill, President of the Thunder Bay Real Estate Board. “Thunder Bay accelerated its “missing middle” housing strategy in June by selling surplus land, advancing the 100-acre Central Avenue development, and streamlining zoning bylaws for medium-density infill projects. These updates aim to increase housing supply across urban neighborhoods.”

The median sale price for single detached homes sold in June 2026 was $439,500, a moderate gain of 8.5% from June 2025.

The more comprehensive year-to-date median price was $420,000, increasing by 8.2% from the first six months of 2025.

Single detached properties spent about the same amount of time on the market before selling in June 2026 than they had a year earlier. The median number of days on market for single detached home sales was 14 in June 2026, in line with the 14 days recorded in June 2025.

The dollar value of all single detached home sales in June 2026 was $52.4 million, a gain of 4% from the same month in 2025. This was also a new record for the month of June.