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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

$631,503

AVERAGE PRICE OF 269 HOMES

$2,004,671

AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

$621,840

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$218,644

AVERAGE PRICE OF 4 HOMES WITH A POOL

$356,686

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $631,503
Avg Bedrooms 2.53 beds
Avg Bathrooms 1.96 baths

Average Price by Bedrooms

1 bedroom $200,359
2 bedrooms $300,039
3 bedrooms $451,963
4 bedrooms $627,469
5 bedrooms $681,102
Red Deer Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 230 254 308 336 370
Average Price $686,000 $716,593 $664,009 $602,536 $600,763
Avg Price Change -4.46% +7.92% +10.20% +0.30% -1.55%
Median Price $461,334 $473,825 $453,517 $418,946 $402,349
Med Price Change -2.71% +4.48% +8.25% +4.13% -4.80%
Avg Bedrooms 2.48 beds 2.46 beds 2.56 beds 2.59 beds 2.77 beds
Avg Bathrooms 1.87 baths 1.89 baths 1.95 baths 1.96 baths 2.12 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 269 $631,503 65 days
Multi-Million Dollar Homes 34 $2,004,671 121 days
Newly Built Homes 15 $621,840 46 days
Homes with a Pool 4 $218,644 21 days
Reduced Price Homes 9 $356,686 25 days

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