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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

$500,922

AVERAGE PRICE OF 371 HOMES

$2,214,097

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$552,633

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$428,512

AVERAGE PRICE OF 8 HOMES WITH A POOL

$429,158

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $500,922
Avg Bedrooms 2.69 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $155,727
2 bedrooms $209,071
3 bedrooms $360,057
4 bedrooms $469,581
5 bedrooms $619,431
Red Deer Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 370 416 489 563 602
Average Price $488,564 $491,341 $490,812 $466,629 $482,672
Avg Price Change -0.57% +0.11% +5.18% -3.44% +1.58%
Median Price $328,079 $322,179 $329,166 $328,807 $339,308
Med Price Change +1.83% -2.17% +0.11% -3.19% +0.57%
Avg Bedrooms 2.66 beds 2.63 beds 2.76 beds 2.92 beds 3.03 beds
Avg Bathrooms 2.01 baths 1.97 baths 2.08 baths 2.18 baths 2.23 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 371 $500,922 76 days
Multi-Million Dollar Homes 28 $2,214,097 150 days
Newly Built Homes 33 $552,633 69 days
Homes with a Pool 8 $428,512 65 days
Reduced Price Homes 29 $429,158 57 days

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