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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

$625,257

AVERAGE PRICE OF 398 HOMES

$2,401,351

AVERAGE PRICE OF 41 MULTI-MILLION DOLLAR HOMES

$641,186

AVERAGE PRICE OF 22 NEWLY BUILT HOMES

$482,614

AVERAGE PRICE OF 7 HOMES WITH A POOL

$413,206

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $625,257
Avg Bedrooms 2.85 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $159,158
2 bedrooms $276,641
3 bedrooms $399,946
4 bedrooms $563,060
5 bedrooms $616,869
Red Deer Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 387 369 341 338 328
Average Price $588,996 $598,841 $581,151 $540,415 $530,831
Avg Price Change -1.67% +3.04% +7.54% +1.81% -3.64%
Median Price $397,333 $408,052 $419,137 $395,873 $381,773
Med Price Change -2.70% -2.72% +5.88% +3.69% -0.03%
Avg Bedrooms 2.78 beds 2.69 beds 2.64 beds 2.63 beds 2.6 beds
Avg Bathrooms 2.09 baths 2.09 baths 2.09 baths 2.06 baths 1.99 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 398 $625,257 62 days
Multi-Million Dollar Homes 41 $2,401,351 124 days
Newly Built Homes 22 $641,186 115 days
Homes with a Pool 7 $482,614 69 days
Reduced Price Homes 29 $413,206 33 days

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