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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

$393,921

AVERAGE PRICE OF 724 HOMES

$2,339,489

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$578,972

AVERAGE PRICE OF 28 NEWLY BUILT HOMES

$264,085

AVERAGE PRICE OF 7 HOMES WITH A POOL

$344,973

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

Average Home

Average Price $393,921
Avg Bedrooms 3.12 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $221,536
2 bedrooms $221,039
3 bedrooms $307,104
4 bedrooms $421,405
5 bedrooms $476,591
Red Deer Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 663 639 591 545 n/a
Average Price $406,067 $392,922 $399,013 $401,574 n/a
Avg Price Change +3.35% -1.55% -0.64% n/a n/a
Median Price $314,370 $310,356 $312,293 $315,810 n/a
Med Price Change +1.29% -0.62% -1.13% n/a n/a
Avg Bedrooms 3.02 beds 2.99 beds 2.95 beds 2.9 beds n/a
Avg Bathrooms 2.27 baths 2.24 baths 2.24 baths 2.24 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 724 $393,921 66 days
Multi-Million Dollar Homes 18 $2,339,489 141 days
Newly Built Homes 28 $578,972 74 days
Homes with a Pool 7 $264,085 131 days
Reduced Price Homes 38 $344,973 59 days

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