Thunder Bay Real Estate Board Reports September 2026 Market Metrics

Thunder Bay Real Estate Board — September 2026

In September 2026, the composite benchmark price for homes in Thunder Bay is $384,900, reflecting a year-over-year decrease of 2.8%. Sales of single detached homes reached 109 units, marking an increase of 11.2% from September 2025.

Market Analysis

The overall MLS® HPI composite benchmark price was $384,900 in September 2026, a minor decrease of 2.8% compared to September 2025. The benchmark price for single-family homes was $386,100, a small reduction of 3.3% on a year-over-year basis in September, while the benchmark apartment price was $344,000, a gain of 15.5% from year-ago levels. In August 2026, the composite benchmark price was $345,100.

Property Type Analysis

Sales of single detached homes in September 2026 numbered 109 units. The benchmark price for single detached homes was $386,100. The benchmark price for apartments was $344,000.