Recently Sold Homes in Downtown, Lethbridge
Track the market value of homes in Downtown. See sold history and average home prices for 2026.
Homes sold (last 30 days)
1
Median sold price
$370,000
Average time to sell
2 days
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Downtown Sold Data Overview
Over the past 2 years, 77 homes have sold in Downtown, Lethbridge, with a median sold price of $305K. Sale prices have ranged from $114K to $1.50M. The typical home sells in 27 days, showing a balanced market. Homes are selling at 98.5% of their list price — very close to asking price. Median property taxes in the area run approximately $2,463 annually. The most common property types sold include Apartment (77).
1 Recently Sold Homes in Downtown (Last 30 days • Updated February 24, 2026 at 3:08 PM)
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Downtown Price Trends & Sale Statistics
Understand pricing, negotiation leverage, and market velocity based on recent sales.
$305,000
Avg: $349,188
Range: $114,000 – $1,501,900
98.5%
Homes selling near asking
36 days
$303
77 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
(23 months)Negotiation & Cost Insights
Sold Above Asking
23%
57% sold below
Median Property Tax
$2,463/yr
Avg: $2,306
Home Size Range
581 – 2,687
sq ft
Price Spread
±$216,035
standard deviation
Condo carrying costsn=77 condo sales (last 2y)
Median maintenance fee
$596/mo
Avg: $598/mo
Median maintenance fee per sqft
$0.52/sqft
Avg: $0.54/sqft
77
Homes sold (last 2 years)
30
Currently for sale
30.0
Months of Inventory (MOI)
3.3%
Absorption Rate (30d)
23
New in February 2026
1 vs 3
Sold count (last 30 vs prior 30): -66.7%
Median price: $370,000 vs $280,000 (+32.1%)
Downtown vs Lethbridge
Downtown median sold price
$370,000
1 sold in last 30 days
Lethbridge median sold price
$441,000
133 sold in last 30 days
Neighbourhood Guide: Downtown, Lethbridge
Neighbourhood Overview
Downtown Lethbridge serves as the vibrant cultural and commercial heart of the city. Bounded by the scenic Oldman River valley to the west, the area offers an energetic blend of art, history, and urban convenience. It is a highly walkable neighbourhood featuring public art, historic architecture, and a central business district that caters to a growing residential base. With an $349,188 that remains accessible, the neighbourhood appeals strongly to those seeking an active, urban atmosphere without sacrificing affordability.
Location
Centrally positioned, Downtown is historically and geographically defined by Highway 3 (Crowsnest Trail) to the north, Stafford Drive South to the east, 6 Avenue South to the south, and the expansive Indian Battle Park to the west. Scenic Drive provides quick regional access to the south, while Whoop-Up Drive, the city's busiest roadway, directly connects the downtown core to West Lethbridge.
Housing Character
The housing landscape in Downtown Lethbridge is defined by its affordability and modern convenience, with the dominant property type being apartments. Buyers can find a mix of older, character-rich building conversions and newer condominium developments, making it ideal for professionals, students, or downsizers looking for efficient layouts. The market remains highly accessible, characterized by a $305,000 and an $303 that offer tremendous value compared to other urban centers.
Schools & Education
While the immediate downtown core is primarily commercial and medium-density residential, students have convenient access to excellent schools in adjacent historic neighbourhoods. Nearby public options include Fleetwood Bawden Elementary School, while older students often attend the historic Lethbridge Collegiate Institute (LCI) situated just south of downtown. Catholic Central High School and École St. Mary provide supplementary Catholic and French Immersion options just blocks away.
Transit & Access
Downtown is the primary public transportation hub for the entire city. The Lethbridge Regional Park 'n' Ride Transit Terminal, located along 5 Avenue South, is the focal point where the majority of Lethbridge Transit bus routes converge, making car-free commuting exceptionally easy. The grid layout is highly pedestrian-friendly, and properties here typically see an 36 days as buyers are consistently drawn to the unbeatable walkability and connectivity to regional services like Ebus.
Shopping & Dining
With over 600 businesses, Downtown is southern Alberta's premier shopping and dining destination. Residents can explore more than 50 local food and drink establishments ranging from cozy independent cafes to diverse international cuisine and craft pubs. Park Place Shopping Centre anchors the northern edge with over 100 stores, while boutique shops line the walkable streets near Festival Square. Buyers can monitor the 30 to secure a home just steps away from these bustling retail corridors.
Parks & Recreation
Galt Gardens sits at the very center of the neighbourhood, acting as a historical gathering spot featuring mature trees, flower beds, and a popular water spray park for children during the summer. On the western boundary, residents can easily access the massive Indian Battle Park nestled in the Oldman River valley, which provides extensive walking trails, picnic shelters, and direct access to the Lethbridge Nature Reserve.
Lifestyle & Community
Living in Downtown Lethbridge means immersing yourself in a lively arts, heritage, and culture scene. The neighbourhood is home to the Southern Alberta Art Gallery (SAAG) and the Galt Museum & Archives, offering rotating exhibits and local history. Frequent community events and local markets ensure a vibrant streetscape year-round. A strong 98.5% and a steady 77 reflect the consistent demand for this dynamic, low-maintenance, and engaging urban lifestyle.
Explore nearby neighbourhoods
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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 February 24, 2026 at 3:00 pm (America/Edmonton)
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