Houses Sold in Varsity Village — What Buyers Paid
Access Varsity Village sold real estate data. View townhouses sold, condos sold, and single-family home prices.
Homes sold in the last 30 days
19
Typical sale price
$365,000
Average time to sell
30 days
Whether you're looking for condos sold in Varsity Village, townhouse prices, or single-family homes — we have the MLS® sold data for every property type including duplexes, bungalows, and luxury properties.
Our Varsity Village sold data shows what buyers actually paid. Compare prices by property type, find your perfect comp, and understand the true market value of homes in this area.
Varsity Village Sold Data Overview
Over the past 2 years, 335 homes have sold in Varsity Village, Lethbridge, with a median sold price of $264K. Sale prices have ranged from $104K to $804K. The typical home sells in 19 days, showing a balanced market. Homes are selling at 99.0% of their list price — very close to asking price. Median property taxes in the area run approximately $2,257 annually. The most common property types sold include Detached Single Family (144), Lowrise Apartment (113), Townhouse (50).
Recently Sold in Varsity Village
19 homes sold in the last 30 days. Showing 6 of 19 • Updated May 26, 2026 at 9:12 AM
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Varsity Village Market Insights
See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.
$264,000
Avg: $290,798
Range: $103,500 – $803,500
99.0%
Homes selling near asking
34 days
$285
335 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
23%
62% sold below
Median Property Tax
$2,257/yr
Avg: $2,521
Home Size Range
461 – 3,704
sq ft
Price Spread
±$122,761
standard deviation
335
Homes sold (last 2 years)
46
Currently for sale
2.4
Months of Inventory (MOI)
41.3%
Absorption Rate (30d)
36
New in May 2026
19 vs 13
Sold count (last 30 vs prior 30): +46.2%
Median price: $365,000 vs $322,000 (+13.4%)
How does Varsity Village compare to Lethbridge?
Varsity Village typical sale price
$365,000
19 sold in last 30 days
Lethbridge typical sale price
$419,000
189 sold in last 30 days
Neighbourhood Guide: Varsity Village, Lethbridge
Neighbourhood Overview
Varsity Village is a vibrant, well-established neighbourhood in West Lethbridge, Alberta. Recognized as the oldest and most mature community on the city's west side, it perfectly balances a peaceful, family-friendly atmosphere with the youthful energy of the nearby University of Lethbridge. With mature trees, expansive green spaces, and affordable housing options, Varsity Village attracts a diverse mix of students, professionals, and growing families. The local real estate market remains accessible, highlighted by a $264,000 median sold price.
Location
Situated centrally in West Lethbridge, Varsity Village offers excellent connectivity and convenience. The neighbourhood is bordered by major transportation routes, including University Drive and Whoop-Up Drive, providing residents with quick and seamless access to downtown Lethbridge and other parts of the city. The strategic location places the University of Lethbridge right next door, making it highly desirable for students and academic professionals.
Housing Character
The housing landscape in Varsity Village is predominantly defined by its construction boom in the 1960s and 1970s, giving it a charming, mature character unique to West Lethbridge. Detached single-family homes make up a significant portion of the real estate, alongside an appealing mix of affordable townhouses and small apartment buildings. Properties often feature practical layouts and generous lot sizes. The local market moves relatively quickly with properties spending an average of 34 days on the market.
Schools & Education
Education is a cornerstone of Varsity Village, making it a highly sought-after area for families. The neighbourhood is home to excellent primary schools, including Nicholas Sheran Community School and The Children of St. Martha Elementary School. Older students have access to nearby high schools in adjacent west side communities, while the immediate proximity to the University of Lethbridge provides world-class post-secondary education just steps away from home.
Transit & Access
Getting around Varsity Village is convenient, particularly for those utilizing public transportation. The community is well-served by Lethbridge Transit's cityLINK network, which provides fast and frequent service. Dedicated transit lines connect Varsity Village directly to the University of Lethbridge with service arriving every 15 minutes, as well as to the downtown core. For cyclists and pedestrians, the neighbourhood features an extensive and flat network of paved pathways.
Shopping & Dining
Residents of Varsity Village enjoy convenient access to a variety of everyday amenities. Within the community and just along its borders, locals can find essential grocery stores, pharmacies, clinics, and casual dining options. While it maintains a quiet residential feel, the neighbourhood is just a short drive from larger west side retail centres like West Highlands and The Crossings, offering a broader selection of shopping, cafes, and restaurants.
Parks & Recreation
Outdoor enthusiasts will find plenty to love in Varsity Village, which is home to some of the best recreational spaces in West Lethbridge. The crown jewel is Nicholas Sheran Park, a sprawling green space featuring a man-made lake, picnic areas, playgrounds, and a world-class disc golf course. The neighbourhood also hosts the Nicholas Sheran Leisure Centre, which provides indoor swimming and skating facilities. Smaller community green spaces like Rutgers Park ensure residents are always close to nature.
Lifestyle & Community
Life in Varsity Village is characterized by a relaxed, community-focused pace. The mature tree-lined streets and abundant parks cultivate a tranquil environment, while the proximity to the university injects a vibrant, dynamic energy. It is an ideal setting for those who appreciate quiet residential living coupled with the convenience of an active, walkable lifestyle. Homes in the area represent an affordable entry point into the Lethbridge market, currently seeing an $293,762 average list price.
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46 active MLS® listings · $404,950 median. See what's on the market today.
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 May 26, 2026 at 12:00 pm (America/Edmonton)
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