Just Sold: Downtown Lacombe Home Prices
See recently sold MLS® listings in Downtown Lacombe. Browse sold prices and find out how much homes actually sell for.
Homes sold in the last 30 days
4
Typical sale price
$320,500
Average time to sell
34 days
Just sold in Downtown Lacombe: stay updated with the newest MLS® sales as they close. We track newly sold homes daily so you never miss what's happening in your market.
See homes sold in the last 30 days, review sold history, and understand pricing trends. From bungalows sold to townhouse sold prices — get the complete Downtown Lacombe picture with up to 2 years of recent sales.
Downtown Lacombe Sold Data Overview
Over the past 2 years, 152 homes have sold in Downtown Lacombe, Lacombe, with a median sold price of $306K. Sale prices have ranged from $100K to $1.38M. The typical home sells in 27 days, showing a balanced market. Homes are selling at 96.8% of their list price — below asking price on average. Median property taxes in the area run approximately $2,605 annually. The most common property types sold include Detached Single Family (87), Townhouse (27), Lowrise Apartment (25).
Recently Sold in Downtown Lacombe
4 homes sold in the last 30 days. Showing 4 of 4 • Updated April 10, 2026 at 7:49 PM
View all 152 on the map
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Create a free account to unlock the sold price, address, and sold date.
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Create a free account to unlock the sold price, address, and sold date.
Unlock to see full address
Create a free account to unlock the sold price, address, and sold date.
Unlock to see full address
Downtown Lacombe Market Insights
See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.
$306,000
Avg: $322,664
Range: $100,000 – $1,380,000
96.8%
Room for negotiation
30 days
$290
152 homes sold
Click a property type to view its trends in the chart below:
All Property Types
(click to filter chart)2-Year Market Trends: All Property Types
(24 months)Negotiation & Cost Insights
Sold Above Asking
12%
80% sold below
Median Property Tax
$2,605/yr
Avg: $2,774
Home Size Range
468 – 11,625
sq ft
Price Spread
±$139,669
standard deviation
152
Homes sold (last 2 years)
41
Currently for sale
10.3
Months of Inventory (MOI)
9.8%
Absorption Rate (30d)
5
New in April 2026
4 vs 3
Sold count (last 30 vs prior 30): +33.3%
Median price: $320,500 vs $370,000 (-13.4%)
How does Downtown Lacombe compare to Lacombe?
Downtown Lacombe typical sale price
$320,500
4 sold in last 30 days
Lacombe typical sale price
$457,500
21 sold in last 30 days
Neighbourhood Guide: Downtown Lacombe, Lacombe
Neighbourhood Overview
Downtown Lacombe is the historic and cultural heart of the city of Lacombe, Alberta. Known for having one of the most intact concentrations of Edwardian commercial buildings in the province, this neighbourhood blends small-town charm with vibrant local commerce. It offers affordable living options with a market characterized by an average list price of $333,208 and homes typically selling in 30 days.
Location
Situated centrally within the city of Lacombe in central Alberta, Downtown is located roughly 25 kilometres north of Red Deer and 125 kilometres south of Edmonton. The area is anchored by its historic main street and is highly walkable, serving as the commercial and geographic core of the municipality.
Housing Character
The residential streets surrounding the downtown core are characterized largely by mature, affordable detached homes, ranging from historic character houses to modest mid-century builds. The neighbourhood's rich heritage is reflected in its tree-lined streets and accessible real estate market, showing a median sold price of $306,000 and an active listing count of 41.
Schools & Education
Families in Downtown Lacombe have access to several well-regarded educational institutions within the Wolf Creek Public Schools division. Nearby public schools include École James S. McCormick School for early elementary and French Immersion, École Lacombe Junior High School, and École Secondaire Lacombe Composite High School.
Transit & Access
While Lacombe is primarily a car-dependent community, the downtown core itself is highly walkable for daily errands. For regional travel, residents have access to intercity bus services connecting Lacombe to Red Deer, Calgary, and Edmonton, as well as straightforward driving access to the nearby Highway 2 corridor.
Shopping & Dining
Downtown Lacombe features a vibrant culinary and retail scene nestled in its historic brick buildings. Notable local dining spots include Cilantro and Chive, known for its creative menu, and Sweet Capone's, a highly popular Italian bakery. The area is also home to charming boutique shops, cafes like Milly Oak Cafe, and local antique stores.
Parks & Recreation
Residents have easy access to nearby green spaces and municipal recreational facilities. The Gary Moe Sports Complex and the Kinsmen Aquatic Centre offer ice skating and swimming just a short distance away. Additionally, the Bill Nielsen Trail System and the paved paths around nearby Cranna Lake provide extensive walking and biking routes.
Lifestyle & Community
The lifestyle in Downtown Lacombe is defined by a strong sense of community, deep historical roots, and an appreciation for local arts. The neighbourhood is famous for its extensive back-alley mural project depicting early 20th-century prairie life. Residents enjoy community events, farmers' markets, and a relaxed, pedestrian-friendly environment surrounded by beautifully preserved architecture.
Explore nearby neighbourhoods
Compare nearby sold markets around Downtown Lacombe.
More neighbourhoods in Lacombe
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Frequently Asked Questions
Website provided by Kelly Grant
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).
Listing information last updated on April 11, 2026 at 9:00 pm (America/Edmonton)
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