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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

$396,762

AVERAGE PRICE OF 731 HOMES

$2,400,635

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$596,716

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$264,085

AVERAGE PRICE OF 7 HOMES WITH A POOL

$345,213

AVERAGE PRICE OF 38 REDUCED PRICE HOMES

Average Home

Average Price $396,762
Avg Bedrooms 3.11 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $221,293
2 bedrooms $219,142
3 bedrooms $309,971
4 bedrooms $416,996
5 bedrooms $479,543
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
Total Homes Average Price Avg Days on Site
All Homes 731 $396,762 64 days
Multi-Million Dollar Homes 17 $2,400,635 144 days
Newly Built Homes 27 $596,716 74 days
Homes with a Pool 7 $264,085 125 days
Reduced Price Homes 38 $345,213 50 days