Lacombe
Lacombe Housing Market Report
Balanced Market
All types - for the month of March
Buyer's market Seller's market
4
MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.
53
DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.
Total Active Listings*
41 active
New
32(-3.03% YoY)
Relisted
1(- YoY)
Compared to number of active, same period, in 2024: 45, in 2023: 67, in 2022: -
Total Sold Listings*
11 sold
Median Sold Price
$322,000
Avg Days on Market
53 days
Median Bidding
-$5,900
Compared to number of sold, same period, in 2024: 22, in 2023: 23, in 2022: -
*Data is for the month of March
Median Sold Price vs Average Days and Average Total Days on Market - Lacombe - All types
Sold vs Active vs New vs Relisted - Lacombe - All types
Sold Price Distribution - Lacombe - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - Lacombe - All types
Property type distribution based on data from the last 3 months.
Median Price - Lacombe - All types
Just listed - Lacombe
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Just sold - Lacombe
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Population and Demographics
Overview
Total population 11980
Average household income $115,832
Age (%)
0 to 19
26%
35 to 49
19%
65 and plus
19%
50 to 64
19%
20 to 34
18%
Household composition (%)
Single family
68%
Single person
27%
Multi person
4%
Multi family
0%
Mother tongue (%)
English
92%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Dutch
1%
French
1%
House tenancy (%)
Owners
72%
Renters
28%
Top 2 Schools in Lacombe
College Heights Christian School5201 College Avenue, T4L 1Z6, Lacombe, AB
6.7/10
Public•
Father Lacombe Catholic School5114 - 54 Avenue, T4L 1G3, Lacombe, AB
5.6/10
Public•