0.5 km away
$295K
+1.6%Redwood, Lethbridge, AB Real Estate
Home prices, sales and market activity in Redwood — prices moved +8.1% in 2025.
Avg. house price
$415,287
+7.9%2025 vs 2024
Avg. condo price
$145,031
+8.6%2025 vs 2024
Sales in 2026 so far
54
56 in 2025
Price rank in Lethbridge
22nd
of 68 neighbourhoods
How it ranks
Redwood among 68 Lethbridge neighbourhoods
Most expensive
Ranked by average property price against every neighbourhood in the city.
No ranking published for this year and property type.
Fastest growing
Ranked by year-over-year price growth against every neighbourhood in the city.
No ranking published for this year and property type.
Most active
Ranked by number of recorded sales against every neighbourhood in the city.
9th
of 68
LastAhead of 88%1st
54 sales
Market trends
How Redwood compares with Lethbridge
Yearly averages from assessment records and recorded sales.
Average price
Redwood: $361,842
Redwood
Lethbridge average
| Year | Redwood | Lethbridge average |
|---|---|---|
| 2022 | $305,069 | $300,555 |
| 2023 | $315,007 | $318,204 |
| 2024 | $334,633 | $337,429 |
| 2025 | $361,842 | $366,273 |
| 2026 | — | — |
Year-over-year change
Change in average price
Redwood
Lethbridge average
| Redwood | Lethbridge average | |
|---|---|---|
| 2022 | +5.1% | +7.5% |
| 2023 | +9.9% | +6.9% |
| 2024 | +6.3% | +6.0% |
| 2025 | +8.1% | +8.5% |
Sales activity
Recorded sales per year · 2026 is year to date
| Redwood | |
|---|---|
| 2022 | 68 sales |
| 2023 | 66 sales |
| 2024 | 13 sales |
| 2025 | 56 sales |
| 2026 YTD | 54 sales |
Current month
Redwood price and rent estimates
Current-month figures for Redwood, by property type.
Avg. Honestdoor price
$504,498
2.42%down from previous month
Avg. rental estimate
$2,516/mo
Sold price per sq ft
$328 / sqft
Est. gross rental yield
6.0%
Annual rent ÷ price
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Get email notifications every time a new listing hits the market in Redwood.
Nearby
Neighbourhoods near Redwood
Closest neighbourhoods by distance, with their average house price.
1.1 km away
$408K
+0.5%1.5 km away
$432K
+2.0%1.6 km away
—
1.6 km away
$280K
-0.4%1.9 km away
$432K
-0.6%2 km away
$244K
2.1 km away
$396K
+1.9%Honestdoor services
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Learn MoreAll neighbourhoods
Neighbourhoods in Lethbridge
Largest neighbourhoods
- Varsity Village
- Downtown
- Indian Battle Heights
- Redwood
- Copperwood
- Agnes Davidson
- Winston Churchill
- Victoria Park
- West Highlands
- Uplands
- Lakeview
- Park Meadows
View all 68 neighbourhoods A–Z
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Redwood Lethbridge Real Estate Market Report
Discover the latest insights into the Redwood real estate market with Honestdoor's detailed report. Whether you're buying, selling, or investing, staying informed about Redwood's housing market trends is essential. Our report offers a concise overview of average property prices, growing trends, and recent transactions in this sought-after Lethbridge neighbourhood.
Average Property Prices and Market Trends
Get up-to-date information on average property prices in Redwood, along with insights into market trends that show how this neighbourhood is evolving. Whether you're tracking price changes or looking for investment opportunities, Honestdoor's data helps you understand the dynamics of the Redwood housing market.
Rental Estimates and Sold Prices per Square Foot
By integrating Big Data, machine learning, and predictive analytics, Honestdoor provides valuable information on average rental estimates and the sold price per square foot in Redwood, offering a clear picture of the market's performance. This data is crucial for both homeowners and investors looking to maximize their returns.
Real Estate Listings in Redwood
Explore current real estate listings in Redwood to see what's available in this vibrant community. Whether you're looking for a new home or a solid investment, our listings give you access to the best properties on the market. Stay ahead in the Redwood real estate market with our comprehensive report at Honestdoor, and make informed decisions in this thriving neighbourhood.