City of Thunder Bay

College HeightsHousing market

College Heights

College Heights Housing Market Report

Strong Seller's Market

All types - for the month of June

Buyer's market Seller's market

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

1 active

New

1(- YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: -, in 2023: -, in 2022: -

Total Sold Listings*

- sold

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: -, in 2023: -, in 2022: -

*Data is for the month of June

Median Sold Price vs Average Days and Average Total Days on Market - College Heights - All types

Sold vs Active vs New vs Relisted - College Heights - All types

Sold Price Distribution - College Heights - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - College Heights - All types

Property type distribution based on data from the last 3 months.

Median Price - College Heights - All types

Just sold - College Heights

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Sold 272 days ago

Sold for $380,000

$20K below asking

443 Van Norman St #108, Thunder Bay

Condo221000-1199 sq ft

Listed by ICI SOURCE REAL ASSET SERVICES INC.

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Sold 4 years ago

Sold for $340,000

114 Peter St, Thunder Bay

Detached321500-2000 sq ft

Listed by ICI SOURCE REAL ASSET SERVICES INC., BROKERAGE

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Sold 5 years ago

Sold for $278,500

$16K below asking

620 Red River Rd #107, Out of Area

Condo3+011400-1599 sq ft

Listed by MY MOVE REALTY, BROKERAGE

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Sold 5 years ago

Sold for $305,000

$6K above asking

31 Knight St, Thunder Bay

Detached321100-1500 sq ft

Listed by ICI SOURCE REAL ASSET SERVICES INC., BROKERAGE

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Sold 6 years ago

Sold for $257,500

$8K below asking

80 Jean St, Out of Area

Detached3+01- sq ft

Listed by MY MOVE REALTY, BROKERAGE

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Sold 13 years ago

Sold for $365,000

$15K above asking

86 College St, Thunder Bay

Townhouse6+34- sq ft

Listed by CENTURY 21 INNOVATIVE REALTY INC., BROKERAGE

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Sold 25 years ago

Sold for $114,000

Detached3+11- sq ft

Listed by COLDWELL BANKER PRESTIGE REALTY INC.

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Sold 28 years ago

Sold for $117,500

$12K below asking

Detached31- sq ft

Listed by RE/MAX LANDMARK REALTY INC.

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Sold 30 years ago

Sold for $111,900

Detached2+11- sq ft

Listed by HOMELIFE ABC REALTY INC. (2)

Population and Demographics

Overview

Total population 3697

Average household income $104,372

Age (%)

0 to 19

17%

20 to 34

22%

35 to 49

17%

50 to 64

22%

65 and plus

23%

Household composition (%)

Single family

50%

Single person

44%

Multi person

6%

Multi family

0%

Mother tongue (%)

English

90%

Others

3%

French

2%

Finnish

2%

Italian

2%

House tenancy (%)

Owners

62%

Renters

38%

Top 2 Schools in College Heights

St Bernard Catholic Elementary School655 River St, P7A 3S5, Thunder Bay, ON

6.9/10

Public•JK-6

École Secondaire Catholique de la Vérendrye175 High Nord rue, P7A 8C7, Thunder Bay, ON

6.3/10

Public•9-12

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance