Lacombe Park, St. Albert - October 2026 Real Estate Report
Lacombe Park, St. Albert: What Your Neighbour Hasn't Told You Yet
If you've been watching the "For Sale" signs in Lacombe Park lately, here's what's actually happening. This neighbourhood is sitting in an interesting spot right now - prices are high, activity is real, and the gap between what the city thinks your home is worth and what buyers will actually pay is wider than ever. Let's get into it.
The Vibe: Houses vs. Condos in Lacombe Park
Houses
We're seeing some real action on the house side. The average sale price hit $702,600 this month - that's up 6.6% from last month, which is not nothing. Homes are sitting at $352 per square foot, and sellers are getting 99.15% of their list price. That means buyers are close to full price, but not quite there.
- Average sale price: $702,600 (up 6.6% month over month)
- Average list price: $574,900
- Price per square foot: $352
- Sale-to-list ratio: 99.15%
- Average days on market: 25 days
- Properties sold this month: 5
- Rental yield: 5.41%
- Estimated monthly rent: $2,940
The honest part? The predicted market value sits at $617,770, and that number is actually dipping below the 3-month moving average of $631,372. So while last month's sales popped, the underlying trend is taking a breather. Days on market at 25 days is also slower than nearby Mission at 13 days - something to keep in mind if you're pricing your home and expecting a quick close.
On the neighbourhood leaderboard, houses in Lacombe Park rank 3 out of 21 for price in St. Albert - meaning we're near the top for what homes cost here. Growth rate, though, ranks 17 out of 22. That's a signal worth watching. We're expensive, but we're not leading the pack on appreciation right now.
Condos
The condo picture is a different story - and a smaller one. Only one condo sold this month at $177,500, which is essentially flat. At $170 per square foot, condos here are among the most affordable in St. Albert, ranking 16 out of 18 on price. That's a big contrast to the house market.
- Average sale price: $177,500
- Average list price: $179,900
- Price per square foot: $170
- Sale-to-list ratio: 98.67%
- Average days on market: 19 days
- Properties sold this month: 1
- Estimated monthly rent: $3,123
- Rental yield: 3.66%
One sale is a thin data set, so take the condo numbers with some caution. What's interesting is the HonestDoor Price for condos here jumped 10.14% - that's a meaningful move. The predicted market value sits at $732,008, though it's easing back from a 3-month average of $745,866. Growth rate ranks 15 out of 23 for condos in St. Albert - below average, but not at the bottom.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from months ago, built on broad formulas, not your actual street. The HonestDoor Price is updated in real time using live transaction data. For houses in Lacombe Park, the average HonestDoor Price is $618,921. For condos, it's $806,224 - up over 10% from the previous period.
That gap between what the city assessed your home at and what HonestDoor is showing right now? That's money left on the table if you're pricing based on old numbers. Whether you're selling, refinancing, or just curious what your biggest asset is actually worth today - the HonestDoor Price is your real-world check, not a number cooked up once a year by a government office.
Lacombe Park also ranks number 1 in St. Albert for total property transactions in 2026, with 128 deals done. This neighbourhood moves. That kind of liquidity matters when you're deciding whether to list.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Lacombe Park and you're thinking about listing this summer, here's the straight talk. You're in one of St. Albert's pricier neighbourhoods - top 3 for price. Buyers are paying close to full list price. But homes are sitting for 25 days on average, and the underlying value trend has dipped 2.03% recently. That means pricing sharp from day one matters more than it did six months ago.
The good news - 128 transactions in this neighbourhood in 2026 tells us buyers know Lacombe Park. This isn't a neighbourhood people skip over. Demand is real.
For condo owners, the market is quieter and thinner. One sale a month doesn't give you a lot of comparable data to lean on. If you're selling a condo here, get a current HonestDoor Price check before you set your number - the 10.14% jump in the HonestDoor estimate suggests there may be more upside than the raw sale data shows.
- Best move right now: Pull your HonestDoor Price at honestdoor.com before you talk to an agent
- Watch the 25-day average on houses - price it right, not just high
- Rental investors: a 5.41% yield on houses is genuinely solid for this market
- Neighbourhood transaction rank: 1st in St. Albert - buyers are active here
Bottom line - Lacombe Park is still one of St. Albert's go-to neighbourhoods. It's not the fastest-appreciating right now, but it's liquid, it's well-priced, and buyers show up. If you're thinking about making a move, this summer is worth a serious look.
lacombe park | st. albert | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.