Question 1

What is the median sold price in Lethbridge?

Accepted Answer

The median sold price in Lethbridge is $391,555 based on 3,922 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Lethbridge?

Accepted Answer

The average sold price in Lethbridge is $406,295. Note that the average ($406,295) is higher than the median ($391,555), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Lethbridge?

Accepted Answer

Home prices in Lethbridge range from $50 to $1,680,000 based on recent sales data. This $1,679,950 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Lethbridge selling above or below asking price?

Accepted Answer

On average, homes in Lethbridge are selling at 98.8% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Lethbridge?

Accepted Answer

Homes in Lethbridge are selling in an average of 49 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Lethbridge?

Accepted Answer

The average price per square foot in Lethbridge is $330. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $660,000.

Question 7

How active is the real estate market in Lethbridge?

Accepted Answer

The Lethbridge market has seen 3,922 home sales over the past 2 years, with 668 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

How many new listings are coming to market in Lethbridge?

Accepted Answer

There have been 235 new listings in Lethbridge during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Lethbridge?

Accepted Answer

The most common property types selling in Lethbridge are: detached homes (2,791 sold, avg $455,649), apartments (416 sold, avg $225,267), townhouses (404 sold, avg $306,391). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Lethbridge?

Accepted Answer

Detached homes in Lethbridge are selling for an average of $455,649, with 2,791 sales over the past 2 years. The average price per square foot for detached homes is $346.

Question 11

How much do condos cost in Lethbridge?

Accepted Answer

Condos and apartments in Lethbridge are selling for an average of $225,267, with 416 sales over the past 2 years. Condos typically offer a more affordable entry point into the Lethbridge market.

Question 12

How much do townhouses cost in Lethbridge?

Accepted Answer

Townhouses in Lethbridge are selling for an average of $306,391, with 404 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 13

Are home prices rising or falling in Lethbridge?

Accepted Answer

Home prices in Lethbridge have increased by 14.5% over the past 2 years. The average sold price moved from $406,289 to $465,165. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 14

Is Lethbridge a buyer's or seller's market?

Accepted Answer

Based on current data, Lethbridge is a balanced market. Homes are selling in 49 days on average and at 98.8% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 15

What percentage of homes sell above asking price in Lethbridge?

Accepted Answer

In Lethbridge, 23% of homes sold above asking price, while 62% sold below asking. A moderate number of homes attract multiple offers.

Question 16

What are the average property taxes in Lethbridge?

Accepted Answer

The average annual property tax in Lethbridge is $3,442, with a median of $3,332. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 17

How much do home prices vary in Lethbridge?

Accepted Answer

Lethbridge shows moderate price diversity with a standard deviation of $165,871 around the average price of $406,295. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 18

Where can I find recently sold homes in Lethbridge?

Accepted Answer

You can view a comprehensive list of houses sold in Lethbridge right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 19

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 20

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Lethbridge.

Recently Sold Homes in Lethbridge

Lethbridge Sold Data Overview

133 Recently Sold Homes in Lethbridge (Last 30 days • Updated February 24, 2026 at 3:04 PM)

Lethbridge Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Neighbourhood Sold Data

Frequently Asked Questions

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