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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

11

Typical sale price

$380,000

Average time to sell

43 days

Data last updated: 3 hours ago

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, 341 homes have sold in Varsity Village, Lethbridge, with a median sold price of $253K. Sale prices have ranged from $104K to $804K. The typical home sells in 20 days, showing a balanced market. Homes are selling at 99.1% of their list price — very close to asking price. Median property taxes in the area run approximately $2,134 annually. The most common property types sold include Detached Single Family (142), Lowrise Apartment (120), Townhouse (53).

Recently Sold in Varsity Village

11 homes sold in the last 30 days. Showing 6 of 11 • Updated April 10, 2026 at 6:58 PM

View all 344 on the map
Tap any blurred sale to unlock the final sold price, full address, and sold date.

Varsity Village Market Insights

See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.

Median Sold Pricen=341

$253,000

Avg: $282,817

Range: $103,500$803,500

Sold % of Askingn=341

99.1%

Homes selling near asking

Avg Time to Selln=22(3-mo avg)

32 days

Seller's Market
3-mo avg
Avg $/Sqftn=341

$277

341 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)
$407k$306k$205k
A
M
J
J
A
S
O
N
D
J25
F
M
A
M
J
J
A
S
O
N
D
J26
F
M
A
Apr 2024: $249,073+63.6% changeApr 2026: $407,375

Negotiation & Cost Insights

Sold Above Asking

25%

59% sold below

Median Property Tax

$2,134/yr

Avg: $2,465

Home Size Range

4613,704

sq ft

Price Spread

±$123,215

standard deviation

341

Homes sold (last 2 years)

28

Currently for sale

2.5

Months of Inventory (MOI)

39.3%

Absorption Rate (30d)

7

New in April 2026

11 vs 10

Sold count (last 30 vs prior 30): +10.0%

Median price: $380,000 vs $256,250 (+48.3%)

How does Varsity Village compare to Lethbridge?

Varsity Village typical sale price

$380,000

11 sold in last 30 days

Lethbridge typical sale price

$430,000

165 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 $253,000 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 32 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 $285,293 average list price.

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Frequently Asked Questions

The median sold price in Varsity Village is $253,000 based on 341 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

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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