Real Estate Market Report for
Lethbridge, AB

Updated : Aug 2016
House
  • Median price $335,500
  • Monthly growth 29.08 %
  • Quarterly trend
  • Stock on market 1.61%
Apartment
  • Median price $199,900
  • Monthly growth 17.65 %
  • Quarterly trend
  • Stock on market 0.32%
Lethbridge Home Price

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With a median listing price of $335,500, Lethbridge is Canada’s 1138th most expensive when ordered by median listing price.

With Lethbridge’s median house price at $335,500 in Aug , it is above average compared to the rest of Alberta.

Lethbridge’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Lethbridge has a huge choice compared to the rest of the province

As one of Alberta’s many potential real estate investment neighbourhoods, Lethbridge needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

Across the country as a whole, Lethbridge is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

In Aug the median listed house price of $199,900 in Lethbridge was relatively low compared to the rest of Alberta.

2 bedroom properties are the most common available for real estate investors this month in neighbourhood.

From our data, it appears that neighbourhood is number 70th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.

Is Lethbridge a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Lethbridge, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 160, this month we show 119.

Beds Median price (House) Median price (Apartment)
1 bedroom $283,950 $122,500
2 bedrooms $229,250 $169,900
3 bedrooms $327,000 $234,000
4 bedrooms $344,900 $235,000
5 bedrooms $432,450
6 bedrooms $377,000
Demographics
  • Population in 201183517
  • Population in 200674685
  • 2006 to 2011 population change (%)11.8
  • Total private dwellings37396
  • Private dwellings occupied by usual residents34140
  • Population density per square kilometre682.6
  • Land area (square km)122.36
  • Age Characteristics
    Total population by age groups 83520
    0 to 4 years 5180
    5 to 9 years 4290
    10 to 14 years 4345
    15 to 19 years 5220
    15 years 945
    16 years 935
    17 years 945
    18 years 1080
    19 years 1315
    20 to 24 years 7690
    25 to 29 years 6935
    30 to 34 years 5635
    35 to 39 years 4955
    40 to 44 years 4790
    45 to 49 years 5620
    50 to 54 years 5990
    55 to 59 years 5500
    60 to 64 years 4660
    65 to 69 years 3470
    70 to 74 years 2720
    75 to 79 years 2455
    80 to 84 years 2085
    85 years and over 1980
    Median age of the population 37.4
    % of the population aged 15 and over 83.5
  • Marital Status
    Total population 15 years and over by marital status 69700
    Married or living with a common-law partner 39470
    Married (and not separated) 33385
    Living common-law 6085
    Not married and not living with a common-law partner 30230
    Single (never legally married) 19420
    Separated 1505
    Divorced 5065
    Widowed 4235
    Family Characteristics
    Total number of census families in private households 22840
    Size of census family: 2 persons 12485
    Size of census family: 3 persons 4605
    Size of census family: 4 persons 3885
    Size of census family: 5 or more persons 1870
    Total number of census families in private households 22840
    Total couple families by family structure and number of children 19320
    Married couples 16285
    Without children at home 8345
    With children at home 7940
    1 child 3090
    2 children 3265
    3 or more children 1585
    Common-law couples 3040
    Without children at home 1940
    With children at home 1095
    1 child 580
    2 children 345
    3 or more children 175
    Total lone-parent families by sex of parent and number of children 3515
    Female parent 2840
    1 child 1730
    2 children 770
    3 or more children 335
    Male parent 680
    1 child 465
    2 children 160
    3 or more children 50
    Total children in census families in private households 22190
    Under six years of age 6055
    6 to 14 years 7625
    15 to 17 years 2645
    18 to 24 years 4030
    25 years and over 1835
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 81390
    Number of persons not in census families 17035
    Living with relatives 1965
    Living with non-relatives only 5795
    Living alone 9270
    Number of census family persons 64355
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 11055
    Number of persons not in census families aged 65 years and over 3480
    Living with relatives 285
    Living with non-relatives only 175
    Living alone 3020
    Number of census family persons aged 65 years and over 7570
    Total number of private households by household type 34140
    Census-family households 22405
    One-family-only households 20405
    Couple-family households 17670
    Without children 9365
    With children 8305
    Lone-parent-family households 2735
    Other family households 1995
    One-family households with persons not in a census family 1565
    Couple-family households 1080
    Without children 575
    With children 505
    Lone-parent-family households 490
    Two-or-more-family households 430
    Non-census-family households 11740
    One-person households 9270
    Two-or-more-person households 2465
    Total number of occupied private dwellings by structural type of dwelling 34140
    Single-detached house 22160
    Apartment, building that has five or more storeys 725
    Movable dwelling 775
    Other dwelling 10480
    Semi-detached house 2035
    Row house 1605
    Apartment, duplex 1970
    Apartment, building that has fewer than five storeys 4850
    Other single-attached house 20
    Total number of private households by household size 34140
    1 person 9270
    2 persons 12860
    3 persons 5300
    4 persons 4240
    5 persons 1670
    6 or more persons 800
    Number of persons in private households 81385
    Average number of persons in private households 2.4
Census 2011

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