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Real Estate in Park Meadows, Lethbridge

Park Meadows draws families who want an established north-side address without the price premium attached to newer west-side subdivisions.

Active listings

5

Median list price

$399,800

Avg list price

$405,720

Homes for Sale in Park Meadows, Lethbridge

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Buying in Park Meadows

Who fits here

Park Meadows draws families who want an established north-side address without the price premium attached to newer west-side subdivisions. The neighbourhood is quiet and walkable, with mature trees lining the streets and a linear park running the full length from 23rd to 28th Street North — a layout that puts green space within steps of most front doors. Park Meadows Elementary School sits on Meadowlark Boulevard and serves Early Education through Grade 5, making the morning school run a short walk for most households. The housing stock is predominantly post-war and 1970s–1980s single-family detached homes, which means larger lots, established yards, and rooms that feel genuinely proportioned rather than builder-minimized. Buyers typically include young families trading up from a condo or starter home, and empty nesters who appreciate single-level living without sacrificing a usable backyard. If your priority list includes a neighbourhood school within walking distance, parks your kids will actually use, and a commute to downtown Lethbridge that clears the Crowsnest Highway in under ten minutes, Park Meadows checks every box.

Current market in the neighbourhood

Park Meadows homes currently list at a median of $399,800, with an average list price of $405,720. Recent sales show a median sold price and an average, reflecting sale-to-list ratio across the neighbourhood. Buyers are averaging days on hômm before going firm — a pace that rewards pre-approved buyers who move decisively. Over the past twelve months, homes have changed hands in Park Meadows, and active inventory stands at 5 listings today. Average price per square foot sits, with recent sales ranging from to depending on lot size, updates, and proximity to the linear park.

Commute and lifestyle

Park Meadows sits in the heart of north Lethbridge, roughly equidistant from the Northside Transit Terminal and the Mayor Magrath Drive commercial corridor — the city''s primary retail spine anchored by Walmart, Costco, Real Canadian Superstore, and Safeway. Downtown Lethbridge is a straightforward drive south along Mayor Magrath Drive or 28th Street, typically 10–15 minutes in normal traffic. Lethbridge Transit''s cityLINK network connects the neighbourhood to the Northside Terminal with onward service toward the college and downtown. The Coal Banks Trail system threads through north Lethbridge, linking the Oldman River valley to Pavan Park — so weekend hiking and cycling are genuinely accessible without loading bikes onto a car. Within the neighbourhood itself, the Park Meadows linear park runs east-west through the community and functions as an informal gathering spine: kids sled the central hill in winter, families use the Meadowlark Playground year-round, and the paved pathway connects the north and south halves of the neighbourhood on foot. Cavendish Farms Centre, with its arena, field house, and aquatics facility, is the closest multi-sport recreation destination for residents.

Long-term context

Lethbridge posted one of the strongest appreciation runs of any mid-sized Alberta city in recent years, with average home prices rising 17.8 per cent from January 2023 to January 2024 — more than double Canada''s 7.6 per cent national average over the same period. For the 2025 tax year, single-family dwelling assessments across the city climbed approximately 8 per cent on the July 2024 valuation date, signalling continued upward pressure. North Lethbridge, including Park Meadows, has historically offered a discount to comparable west-side product, which means buyers who purchase here capture the city-wide appreciation trend from a lower entry point — a meaningful advantage when prices are rising quickly. Longer-term context: Lethbridge''s median single-family price grew from roughly $140,000 in 2000 to $395,000 by 2020, a 182 per cent gain over two decades against a 102 per cent rise in median family income. That spread between income growth and price growth is not unusual for Alberta''s mid-sized cities, and it underlines why buying sooner rather than later has historically been the stronger position in this market.

About Park Meadows

Overview

Located in North Lethbridge, Park Meadows is a charming and established neighbourhood offering a comfortable blend of convenience and tranquility. Known for its quiet, tree-lined streets and well-maintained properties, it attracts a mix of families and retirees seeking a peaceful environment. Homes in the area typically reflect a mid-range price positioning, with an average sold price.

Location

Park Meadows is situated in the northern sector of Lethbridge. The community is bordered by other established Northside neighbourhoods such as Majestic Place, Westminster, and Winston Churchill. This central location allows residents easy driving access to major city routes, industrial parks, and commercial zones.

Housing character

The dominant property type in Park Meadows is the single-family detached home, complemented by a selection of multi-family dwellings like fourplexes and small apartment buildings. Much of the neighbourhood's growth occurred during the 1960s and 1970s, resulting in mature lots and traditional home styles. The area boasts a high homeownership rate of roughly 80%. Buyers can explore options in this stable market, which sees a typical median sold price and properties spending on the market.

Schools

Families in Park Meadows have excellent access to local schools within both the Lethbridge School Division and the Catholic system. Located directly within the neighbourhood is Park Meadows Elementary School. Other nearby educational facilities include Galbraith Elementary School, Wilson Middle School, and Winston Churchill High School, providing comprehensive public education options from kindergarten through grade 12.

Transit

While the neighbourhood features a moderately bicycle-friendly landscape with flat terrain and good cycling infrastructure, a personal vehicle remains the preferred method of transportation for most residents. Parking is generally convenient, and nearby highways are easy to access. Public transit is available but somewhat limited; however, residents do have access to Lethbridge Transit bus routes, such as the 3 cityLINK Green and the 60B Stafford Drive lines.

Shopping and dining

Although Park Meadows is primarily residential, it is situated close to essential amenities and commercial corridors in North Lethbridge. Residents enjoy easy access to nearby shopping centers, grocery stores, pharmacies, and dining options within a short drive. While everyday errands typically require a vehicle, the neighbourhood's proximity to major arterial roads makes commuting to local businesses straightforward.

Parks and recreation

Green spaces are a major highlight of the community. Park Meadows Park is a beautiful linear park stretching from 23rd to 28th Street North, featuring a sledding hill, open green spaces, and paved connecting pathways. Additionally, Park Meadows School Park offers two exceptional playgrounds—including the fully accessible 'Playground of Caring'—along with four youth-sized soccer pitches and two baseball diamonds for active recreation.

Lifestyle

Park Meadows provides a peaceful, slower-paced lifestyle that strongly appeals to those looking for a quiet, community-oriented atmosphere. Residents enjoy the mature parks, safe streets, and tight-knit feel. Whether walking the local paved pathways, spending an afternoon at the playground, or enjoying community sports fields, the neighbourhood offers a relaxed and practical setting for its residents.

See recent sold prices in Park Meadows, Lethbridge

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Frequently Asked Questions

Park Meadows Elementary School at 50 Meadowlark Boulevard North serves Early Education through Grade 5 within the Lethbridge School Division. The school features two playgrounds — including an accessible ''Playground of Caring'' with rubber surfacing and ramps — plus four soccer pitches and two baseball diamonds on site.

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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 June 14, 2026 at 7:00 pm (America/Edmonton)