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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

$431,459

AVERAGE PRICE OF 1,358 HOMES

$2,284,453

AVERAGE PRICE OF 52 MULTI-MILLION DOLLAR HOMES

$448,920

AVERAGE PRICE OF 95 NEWLY BUILT HOMES

$188,016

AVERAGE PRICE OF 6 HOMES WITH A POOL

$331,346

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $431,459
Avg Bedrooms 2.95 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $208,525
2 bedrooms $241,501
3 bedrooms $358,763
4 bedrooms $427,424
5 bedrooms $470,646
Red Deer Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 701 601 629 588 521
Average Price $370,620 $364,538 $362,991 $365,300 $367,935
Avg Price Change +1.67% +0.43% -0.64% -0.72% +0.60%
Median Price $322,306 $316,122 $317,055 $320,491 $319,738
Med Price Change +1.96% -0.30% -1.08% +0.24% +0.40%
Avg Bedrooms 3.36 beds 3.38 beds 3.39 beds 3.42 beds 3.42 beds
Avg Bathrooms 2.54 baths 2.54 baths 2.54 baths 2.56 baths 2.54 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,358 $431,459 46 days
Multi-Million Dollar Homes 52 $2,284,453 33 days
Newly Built Homes 95 $448,920 56 days
Homes with a Pool 6 $188,016 158 days
Reduced Price Homes 45 $331,346 5 days