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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

$369,040

AVERAGE PRICE OF 550 HOMES

$1,311,494

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$453,696

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$207,371

AVERAGE PRICE OF 7 HOMES WITH A POOL

$409,192

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $369,040
Avg Bedrooms 3.42 beds
Avg Bathrooms 2.56 baths

Average Price by Bedrooms

1 bedroom $182,934
2 bedrooms $266,916
3 bedrooms $354,096
4 bedrooms $408,727
5 bedrooms $464,029
Red Deer Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 563 618 666 712 752
Average Price $365,755 $372,972 $386,151 $383,440 $380,876
Avg Price Change -1.97% -3.53% +0.71% +0.67% +0.49%
Median Price $318,478 $324,558 $334,451 $335,497 $330,160
Med Price Change -1.91% -3.05% -0.31% +1.62% -1.43%
Avg Bedrooms 3.47 beds 3.44 beds 3.5 beds 3.47 beds 3.43 beds
Avg Bathrooms 2.56 baths 2.61 baths 2.67 baths 2.64 baths 2.61 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 550 $369,040 81 days
Multi-Million Dollar Homes 16 $1,311,494 126 days
Newly Built Homes 43 $453,696 84 days
Homes with a Pool 7 $207,371 158 days
Reduced Price Homes 14 $409,192 83 days