Just Sold: Redwood Home Prices
Browse newly sold homes in Redwood. View today's MLS® sold listings and homes sold in the last 30 days.
Homes sold in the last 30 days
5
Typical sale price
$230,000
Average time to sell
36 days
Just sold in Redwood: stay updated with the newest MLS® sales as they close. We track newly sold homes daily so you never miss what's happening in your market.
See homes sold in the last 30 days, review sold history, and understand pricing trends. From bungalows sold to townhouse sold prices — get the complete Redwood picture with up to 2 years of recent sales.
Redwood Sold Data Overview
Over the past 2 years, 121 homes have sold in Redwood, Lethbridge, with a median sold price of $285K. Sale prices have ranged from $115K to $640K. The typical home sells in 21 days, showing a balanced market. Homes are selling at 98.5% of their list price — very close to asking price. Median property taxes in the area run approximately $2,330 annually. The most common property types sold include Lowrise Apartment (55), Detached Single Family (44), Townhouse (19).
Recently Sold in Redwood
5 homes sold in the last 30 days. Showing 5 of 5 • Updated April 10, 2026 at 7:29 PM
View all 123 on the map
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Create a free account to unlock the sold price, address, and sold date.
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Create a free account to unlock the sold price, address, and sold date.
Unlock to see full address
Create a free account to unlock the sold price, address, and sold date.
Unlock to see full address
Create a free account to unlock the sold price, address, and sold date.
Unlock to see full address
Sold Data & Market Statistics for Redwood
See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.
$285,000
Avg: $311,930
Range: $115,000 – $640,000
98.5%
Homes selling near asking
48 days
$283
121 homes sold
Click a property type to view its trends in the chart below:
All Property Types
(click to filter chart)2-Year Market Trends: All Property Types
(25 months)Negotiation & Cost Insights
Sold Above Asking
21%
64% sold below
Median Property Tax
$2,330/yr
Avg: $2,760
Home Size Range
531 – 2,470
sq ft
Price Spread
±$141,527
standard deviation
Condo carrying costsn=55 condo sales (last 2y)
Median maintenance fee
$422/mo
Avg: $422/mo
Median maintenance fee per sqft
$0.51/sqft
Avg: $0.50/sqft
121
Homes sold (last 2 years)
11
Currently for sale
2.2
Months of Inventory (MOI)
45.5%
Absorption Rate (30d)
0
New in April 2026
5 vs 3
Sold count (last 30 vs prior 30): +66.7%
Median price: $230,000 vs $410,900 (-44.0%)
How does Redwood compare to Lethbridge?
Redwood typical sale price
$230,000
5 sold in last 30 days
Lethbridge typical sale price
$430,000
165 sold in last 30 days
Neighbourhood Guide: Redwood, Lethbridge
Neighbourhood Overview
Redwood is a vibrant, family-friendly neighbourhood in South Lethbridge known for its affordable housing, quiet tree-lined streets, and welcoming community atmosphere. With a mix of families, students, and retirees, it offers suburban tranquility with easy access to urban amenities. The current market shows an active listing count of 11, with properties spending an average of 48 days on the market.
Location
Located in South Lethbridge, Redwood is generally bordered by 43 Street South, 24 Avenue South (Highway 4), and Mayor Magrath Drive. Its strategic position offers residents quick access to major city roadways, while both the University of Lethbridge and Lethbridge College are easily accessible via a short drive.
Housing Character
The housing landscape in Redwood is notably affordable, with apartments and small multi-family buildings making up nearly half of the dwellings. These are complemented by cozy single-family bungalows and townhouses, with the majority of construction having taken place between 1960 and 1980. The neighbourhood offers an accessible entry point for buyers, featuring a median sold price of $285,000 and an average sold price of $311,930.
Schools & Education
Redwood is well-served by nearby educational institutions, making it a highly practical choice for families. While there are no high schools directly within its borders, younger students have a very short commute to primary options like École Agnes Davidson Elementary. Older students can easily access Catholic Central High School and Lethbridge Collegiate Institute in neighbouring South Lethbridge communities.
Transit & Access
Transportation in Redwood is highly car-friendly, offering straightforward driving access and ample parking. While the area is considered less transit-dependent for foot traffic, Lethbridge Transit provides several bus routes that connect residents to commercial hubs and the rest of the city. The flat terrain and quiet streets also make the neighbourhood well-suited for cycling.
Shopping & Dining
Residents enjoy highly convenient access to everyday amenities. The commercial corridors along Mayor Magrath Drive and the southern edges of the neighbourhood feature a variety of developments, including grocery stores, pharmacies, convenience shops, and a diverse selection of local restaurants, ensuring that essential services are always within a short trip.
Parks & Recreation
Green space is a major highlight, anchored by the beautiful 14.9-acre Redwood Park at the centre of the neighbourhood. It features mature trees, walking trails, a playground, soccer fields, bocce lanes, horseshoe pits, and a popular winter sledding hill. Smaller local green spaces like Cedar, Palm, and Sequoia Park are also nestled throughout the community.
Lifestyle & Community
Life in Redwood is characterized by a slower-paced, peaceful environment. The community fosters a strong sense of belonging, appealing to anyone who enjoys a quiet yet active lifestyle. Real estate remains competitive for those seeking affordability, with homes boasting a sale-to-list ratio of 98.5% and seeing 121 sales over the past year.
Explore nearby neighbourhoods
Compare nearby sold markets around Redwood.
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Frequently Asked Questions
Website provided by Kelly Grant
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 April 11, 2026 at 10:00 pm (America/Edmonton)
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