Photo: Kmsiever · Public domainOwners in Lethbridge value their homes 22% below the median of Alberta’s towns
At the 2021 census the median home was worth $314,000, where Alberta’s towns sit at $400,000. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Lethbridge.
Two ways to price a home in Lethbridge
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms.
median, owners’ estimate
- Average
- $338K
- Owners
- 27,425
- Alberta’s towns
- $400K
- The typical Canadian town
- $406K
all residential
- Alberta’s towns
- $297K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Lethbridge’s houses carry 2.5 times the assessment of its condos
Of Lethbridge’s 36,730 residential properties on the 2024 roll, 77% are detached houses and 8% are condos.
Median assessment by type, 2024 the tick is the median of Alberta’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Alberta’s towns with their own figure; assessments compare within a province only.
How Lethbridge’s homes break down, by age and kind
Of the 40,225 homes people lived in across Lethbridge at the 2021 census, 63% were single-detached houses. Half went up before 2001.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Lethbridge | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 11% | 15% | 8% |
| Needing major repairs | 5% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 10% | 8% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
12 new homes a year per 1,000 in Lethbridge: more than Alberta’s towns (7.5)
Over 2018–2023, 3,042 homes were permitted in Lethbridge, close to 507 each year. The mix: 40% in single-unit buildings, beside 69% for Alberta’s towns.
Most in 2019: 745 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Lethbridge against Alberta’s towns: 22% under the $400,000 median
478 of Alberta’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Lethbridge: Coalhurst
Next to Lethbridge: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Lethbridge | $314K | $338K | 68% | |
| Coalhurst | $280K | $290K | 81% | 8.5 |
| Coaldale | $300K | $335K | 83% | 16.4 |
| Lethbridge County | $500K | $564K | 78% | 17.6 |
Census 2021 values; km.
Questions about property prices in Lethbridge
Is Lethbridge expensive for Alberta?
Cheaper than the middle: Alberta’s towns come to $400,000, Lethbridge to less.
How many households in Lethbridge are in core housing need?
In line with Alberta’s towns (8%): 10% in Lethbridge, counting the households whose home falls short on cost, size or repair.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).