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Red Deer

Why you'd want to live in Red Deer

Whether you are thinking of moving to the Red Deer area or if you have just moved here, a warm welcome awaits you. Our city is easy to get around and offers many of the amenities you would expect to have in Canada’s larger cities. In any language, it’s a great place to raise a family, work, and play.

Walk out basement finished basement suite in law suite bungalow

Red Deer Market Report

$452,701

AVERAGE PRICE OF 713 HOMES

$2,700,100

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$573,664

AVERAGE PRICE OF 41 NEWLY BUILT HOMES

$228,530

AVERAGE PRICE OF 10 HOMES WITH A POOL

$315,514

AVERAGE PRICE OF 35 REDUCED PRICE HOMES

Average Home

Average Price $452,701
Avg Bedrooms 2.98 beds
Avg Bathrooms 2.35 baths

Average Price by Bedrooms

1 bedroom $233,995
2 bedrooms $240,896
3 bedrooms $334,916
4 bedrooms $441,199
5 bedrooms $467,862
Red Deer Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 774 756 786 701 601
Average Price $428,632 $438,821 $464,715 $370,620 $364,538
Avg Price Change -2.38% -5.90% +25.39% +1.67% +0.43%
Median Price $332,500 $336,407 $337,032 $322,306 $316,122
Med Price Change -1.18% -0.19% +4.57% +1.96% -0.30%
Avg Bedrooms 3.08 beds 3.06 beds 2.97 beds 3.36 beds 3.38 beds
Avg Bathrooms 2.47 baths 2.46 baths 2.32 baths 2.54 baths 2.54 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 713 $452,701 65 days
Multi-Million Dollar Homes 29 $2,700,100 77 days
Newly Built Homes 41 $573,664 73 days
Homes with a Pool 10 $228,530 70 days
Reduced Price Homes 35 $315,514 60 days