Question 1

What is the median sold price in Lacombe Park?

Accepted Answer

The median sold price in Lacombe Park is $515,000 based on 231 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.

Question 2

What is the average home price in Lacombe Park?

Accepted Answer

The average sold price in Lacombe Park is $550,832. Note that the average ($550,832) is higher than the median ($515,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Lacombe Park?

Accepted Answer

Home prices in Lacombe Park range from $146,000 to $1,388,000 based on recent sales data. This $1,242,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Lacombe Park selling above or below asking price?

Accepted Answer

On average, homes in Lacombe Park are selling at 100.0% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Lacombe Park?

Accepted Answer

Homes in Lacombe Park are selling in an average of 43 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Lacombe Park?

Accepted Answer

The average price per square foot in Lacombe Park is $353. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $706,000.

Question 7

How active is the real estate market in Lacombe Park?

Accepted Answer

The Lacombe Park market has seen 231 home sales over the past 2 years, with 24 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How many new listings are coming to market in Lacombe Park?

Accepted Answer

There have been 18 new listings in Lacombe Park during May 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Lacombe Park?

Accepted Answer

The most common property types selling in Lacombe Park are: detached single family (198 sold, avg $572,214), condo (rae) (33 sold, avg $313,764). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Lacombe Park?

Accepted Answer

Detached homes in Lacombe Park are selling for an average of $572,214, with 198 sales over the past 2 years.

Question 11

How much do condos cost in Lacombe Park?

Accepted Answer

Condos and apartments in Lacombe Park are selling for an average of $313,764, with 33 sales over the past 2 years. Condos typically offer a more affordable entry point into the Lacombe Park market.

Question 12

Are home prices rising or falling in Lacombe Park?

Accepted Answer

Home prices in Lacombe Park have decreased by 5.5% over the past 2 years. The average sold price moved from $624,000 to $589,664. This downward trend may present buying opportunities for purchasers.

Question 13

Is Lacombe Park a buyer's or seller's market?

Accepted Answer

Based on current data, Lacombe Park is a slight seller's market. Homes are selling in 43 days on average and at 100.0% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 14

What percentage of homes sell above asking price in Lacombe Park?

Accepted Answer

In Lacombe Park, 42% of homes sold above asking price, while 51% sold below asking. This indicates a competitive market where bidding wars are common.

Question 15

What are the average property taxes in Lacombe Park?

Accepted Answer

The average annual property tax in Lacombe Park is $5,089, with a median of $5,089. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 16

What size homes are selling in Lacombe Park?

Accepted Answer

Homes selling in Lacombe Park range from 850 to 3,486 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 17

How much do home prices vary in Lacombe Park?

Accepted Answer

Lacombe Park shows moderate price diversity with a standard deviation of $230,363 around the average price of $550,832. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 18

How do I find out how much a house sold for in Lacombe Park?

Accepted Answer

Simply search our Lacombe Park sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 19

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Lacombe Park will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 20

Do you show all MLS® sold listings for Lacombe Park?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Lacombe Park. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Houses Sold in Lacombe Park — What Buyers Paid

Lacombe Park Sold Data Overview

Recently Sold in Lacombe Park

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2-Year Market Trends: All Property Types

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