Fairmont Housing Market Statistics

📌 Quick Answer — Fairmont Market Snapshot

Fairmont is a neighbourhood in Lethbridge, AB with an average home price of $650,814 and 7 homes for sale. The market is balanced with a slight seller's advantage (98% list-to-sale ratio) and average days on market is 45 days. Popular property types may include detached homes, luxury homes, condos, and townhomes. Schools, parks, and transit are nearby.

Find & compare Fairmont housing market statistics on November 5, 4:44am. Trusted Fairmont community of Top Fairmont rank my real estate agents provide comprehensive housing market reports, trends, prices and sales data. Our monthly insights into Fairmont housing market, supply and demand, housing prices, and affordability.

Updated every 10 minutes Fairmont real estate information housing market statistics, trends, declines, days on market and house values providing a clear understanding of housing availability, prices and market data in Fairmont provided by local real estate agent sponsors.

Frequently Asked Questions About
Fairmont Real Estate

Get instant Fairmont real estate answers to the most common questions about living in Fairmont including housing market trends and community information.

As of November 5, 2026 the Fairmont real estate market reports:

  • Average Price: $650,814
  • Active Listings: 7
  • Price Trend: Stable to increasing over the past 12 months

Prices vary based on property type, location within the community, and market conditions. Contact a local REALTOR® for the most current pricing information.

Yes, Fairmont is considered one of Lethbridge's desirable neighbourhoods. It offers:

  • Excellent quality of life with community amenities
  • Access to parks, schools, and shopping
  • Strong sense of community with local events
  • Convenient access to major transportation routes

Family-friendly atmosphere and well-maintained properties make it popular among homebuyers.

Fairmont offers a variety of property types including:

  • Single-family detached homes
  • Townhomes and row houses
  • Condominiums and apartments
  • Duplexes and semi-detached homes
  • New construction developments

Properties range from entry-level homes to luxury estates, catering to first-time buyers, growing families, and downsizers.

Fairmont is served by several educational options:

  • Public elementary and secondary schools
  • Catholic separate schools
  • French immersion programs
  • Nearby private school options

For specific school boundaries and enrollment, contact the Lethbridge Board of Education or local school directly.

Beyond purchase price, budget for:

CostTypical Range
Property Transfer Tax$200 - $5,000
Home Inspection$400 - $700
Legal Fees$1,000 - $2,500
Property Tax Adjustment0.5-1.5% of home value
Mortgage Insurance (if applicable)0.6-4.5% of mortgage

Fairmont is served by Calgary Transit with:

  • Multiple bus routes connecting to LRT stations
  • Direct routes to downtown Calgary
  • Peak hour express service
  • Access to major transit hubs

Commute times to downtown typically range from 20-40 minutes depending on time of day.

The average days on market in Fairmont is approximately 45 days in 2026. Well-priced detached homes often sell in 30 days or less, while condos and luxury properties may take 60-90 days. Seasonal factors also influence timing — spring and early fall are typically the busiest periods.

The Fairmont market in 2026 is balanced with a slight seller's advantage. The list-to-sale ratio is 98%, meaning most homes sell close to asking price. Inventory levels are healthy, giving buyers choice while sellers still achieve strong pricing.

Property taxes in Fairmont, Lethbridge are calculated based on the assessed value multiplied by the municipal mill rate. For a typical home assessed at $500,000, expect annual property taxes in the range of $3,000-$3,800. Contact the City of Lethbridge for the current mill rate.

Yes, Fairmont has active new construction developments including condos, townhomes, and detached homes. Prices and unit sizes vary widely. Some developments are preselling before construction begins. Completion dates, pricing, and deposit structures are subject to change.

Fairmont offers proximity to:

  • Parks and pathways
  • Schools (public, Catholic, French immersion)
  • Shopping centres and grocery stores
  • Restaurants and cafés
  • Recreational facilities and community centres
  • Medical clinics and pharmacies

The community is well-connected to major roads and public transit for easy access to broader Lethbridge amenities.

You can find verified Fairmont REALTORS® through our real estate agent directory, read community reviews, and request a referral to a screened local expert. Our referral network connects buyers and sellers with agents who specialize in the Fairmont market.

Fairmont Housing Market Trends

Compare Fairmont housing market trends today influenced by economic conditions, interest rates, demographic shifts, and supply/demand dynamics. Recent years have seen low interest rates fueling demand and creating a seller's market with rising prices and limited inventory. The shifted housing preferences toward larger homes and suburban/rural areas. These trends continue to evolve, making it important to monitor economic indicators and local market factors.



Fairmont New Construction Developments


Fairmont new construction developments such as condo, townhomes and detached homes available or coming soon in Fairmont, Alberta. The prices for these developments range widely and the unit sizes also vary. Some developments have not yet released pricing details or begun accepting registrations. It is important to note that the completion dates, pricing, and deposit structure for these developments may be subject to change.

Fairmont New Construction Homes


Homes for Sale in Fairmont
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Fairmont Real Estate News

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