September 2026 — LDAR Data

Lethbridge Housing Market Report

Monthly figures for Lethbridge from the Lethbridge & District Association of REALTORS® (LDAR), September 2026 statistics package.

Detached Avg. Price (September 2026)
$474,376
▼ 0.2% year over year
Detached Avg. Price $474,376 ▼ 0.2% yr
Total Sales (September) 153 ▼ 3.2% yr
New Listings (September) 202 ▼ 1.0% yr
Inventory 410 ▲ 22.0% yr
Market Overview

Lethbridge in September 2026

These figures are taken from LDAR’s September 2026 public monthly statistics package (Lethbridge Monthly Statistics, compiled from Pillar 9 data).

Lethbridge recorded 153 total residential sales in September 2026, down 3.2% year over year, with year-to-date sales running about 10% behind last year (1,427 sales). The total residential average price was $424,653, down 2.9% from a year earlier. By type, detached homes averaged $474,376 (down 0.2%), semi-detached $352,385 (up 5.5%), row units $334,527 (down 6.3%), and apartments $247,831 (down 7.0%). Inventory stood at 410 listings against 202 new listings, leaving 2.68 months of supply — still in seller’s-market territory by months of supply, though inventory is up 22.0% year over year and the sales-to-new-listings ratio was 76%.

Sales Snapshot

September 2026 Sales & Pricing

Total Sales
153
▼ 3.2% yr
New Listings
202
2.68 months of supply
Detached Avg. Price
$474,376
▼ 0.2% yr
Inventory
410
▲ 22.0% yr

LDAR publishes months of supply (inventory divided by sales: 410 ÷ 153 = 2.68) and a sales-to-new-listings ratio (76%); a sales-to-active ratio is not published and is omitted rather than estimated. Source: Lethbridge and District Association of REALTORS® (LDAR), September 2026 public statistics package.

Quick Calculator

Can you afford a Lethbridge home?

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vs. Single-Family Avg.
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Stress-tested at contract rate + 2% per B-20 guidelines. GDS ≤ 39%, TDS ≤ 44%. Alberta has no provincial land transfer tax. For a full analysis use our mortgage affordability calculator or stress test calculator.
Market Context

What's Driving the Market

Interest rates: The Bank of Canada's overnight rate held at 2.25% through mid-2026, with 5-year fixed rates settling around 4.29–4.69%. Lower borrowing costs than the 2023 peak (5.5% overnight) have coincided with a notable jump in Lethbridge's single-family average price.

No provincial land transfer tax: Alberta charges no provincial land transfer tax on home purchases — buyers pay only a modest land titles registration fee at closing. See our Alberta mortgage guide and Alberta's mortgage advantage for details.

Softer year-to-date volume: Year-to-date sales are running about 10% behind last year while new listings are up 1%, and inventory is up 22.0% from a year ago — the number worth watching. In a market this size a one-month price move is still volatile: the total average price is down 2.9% on the year in September but up 6% year to date.

Planning a purchase? Our affordability calculator, rent vs. buy calculator, and guides on how the 2026 stress test works, the first-time buyer process, and fixed vs. variable rate mortgages can help you plan your next steps.

Reference

Key Terms

Average Price
The mean sold price for a property category in a given period. More sensitive to a handful of high- or low-priced sales than a benchmark/HPI figure.
Sales-to-Active Ratio
Sales ÷ active listings. Below 12% = buyer's market. 12–20% = balanced. Above 20% = seller's market. Not available for Lethbridge in the sources we could access.
Months of Supply
How long it would take to sell all current inventory at the current sales rate. Above 5 months favours buyers.
Stress Test (B-20)
OSFI requires lenders to qualify borrowers at the greater of their contract rate + 2%, or 5.25% — regardless of the actual rate offered.
GDS Ratio
Gross Debt Service — housing costs (mortgage P&I, property tax, heat) as a percentage of gross income. Max 39% for insured mortgages.
TDS Ratio
Total Debt Service — GDS plus all other debt payments. Max 44% for insured mortgages.
Rental Market

Lethbridge Rents

Recent figures from the Rentals.ca National Rent Report put Lethbridge's average one-bedroom rent at $1,295/month and average two-bedroom rent at $1,614/month, ranking Lethbridge 55th among Canadian cities tracked in the report. We could not confirm the exact edition month of this data with certainty, so we're labelling it as recent rather than attaching a specific month.

1-Bedroom Avg.
$1,295
Recent Rentals.ca data
2-Bedroom Avg.
$1,614
Ranked 55th nationally

Source: Rentals.ca National Rent Report (exact edition month uncertain). View full Canadian rent report →

Nearby Markets

Compare Other Alberta Markets

See how Lethbridge compares to Alberta's larger markets, where more current data is available.

Calgary Housing Market Report →   Edmonton Housing Market Report →

Market data on this page is compiled from LDAR, Rentals.ca, and other sources cited above. While every effort is made to ensure accuracy, this information may contain errors, may not reflect the most current figures, or may change after publication. Nothing on this page constitutes financial, legal, or investment advice. Before making any purchase, financing, or investment decision, verify current data directly with the original source. Nordaux and its affiliates are not liable for any loss or damage arising from reliance on this information.