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There are currently 52 for sale bungalow listings in Thunder Bay, Ontario.

Listings:
52

Thunder Bay Bungalow Market Trends & Statistics

Verified MLS® bungalow pricing, sales velocity, and historical inventory data.

Seller's Market(798.1% SNR)
Median Sold (6M)
$415,000
-4.9% YoY
Avg. Days on Market
18 Days
6-month closed average
Sold (6M) / Active
415 / 52
Closed vs active inventory
6M / 2Y Price Change
-8.8% (6M)
2Y trend: +17.4%
Nov 26: Median $387,450 • 54 sold • 16 DOMHover or tap points to inspect monthly data
$350k$390k$430k$470k$510kDec 25Feb 26Apr 26Jun 26Aug 26Oct 26Nov 26

Thunder Bay Historical Bungalow Market Breakdown

TimeframeMedian Sold PriceBungalows SoldAvg. Days on MarketActive Inventory
6 Months$415,00041518 days52
1 Year$410,00061118 days52
3 Years$395,5001,38517 days52
5 Years$395,5001,38517 days52

Thunder Bay Bungalow Real Estate Market Overview

Exploring single-storey living in Thunder Bay requires looking closely at micro-market supply as well as broader trends across Thunder Bay. Even when active MLS® listings in Thunder Bay are temporarily limited, buyer demand for detached bungalows, raised bungalows, and bungalofts remains steady among downsizers and families prioritizing main-floor living.

Because long-term owners in established pockets often hold onto single-storey homes for extended periods, tracking surrounding Thunder Bay neighbourhoods and recent sold comparables helps establish realistic expectations for lot layouts, finishes, and days on market before the next property lists.

Key Factors When Buying or Investing in Thunder Bay

Single-storey homes in Thunder Bay typically appeal to two distinct groups: end-users seeking stair-free bedrooms, main-floor laundry, and manageable outdoor space, and investors or multi-generational households evaluating full-footprint basements or secondary suite potential under Ontario and Thunder Bay zoning rules.

Comparing active inventory across nearby Thunder Bay communities alongside roof, HVAC, electrical, and grading conditions lets you move decisively when an opportunity appears in Thunder Bay.