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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

$398,994

AVERAGE PRICE OF 473 HOMES

$2,214,933

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$441,855

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$270,814

AVERAGE PRICE OF 7 HOMES WITH A POOL

$365,649

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $398,994
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $215,292
2 bedrooms $220,349
3 bedrooms $289,126
4 bedrooms $410,454
5 bedrooms $516,599
Red Deer Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 504 n/a 674 732 728
Average Price $388,570 n/a $382,013 $389,856 $394,495
Avg Price Change n/a n/a -2.05% -1.19% -1.41%
Median Price $313,367 n/a $313,305 $314,756 $317,932
Med Price Change n/a n/a -0.46% -1.01% -0.27%
Avg Bedrooms 2.9 beds n/a 3.05 beds 3.11 beds 3.14 beds
Avg Bathrooms 2.21 baths n/a 2.3 baths 2.29 baths 2.3 baths
Total Homes Average Price Avg Days on Site
All Homes 473 $398,994 80 days
Multi-Million Dollar Homes 18 $2,214,933 151 days
Newly Built Homes 24 $441,855 109 days
Homes with a Pool 7 $270,814 105 days
Reduced Price Homes 14 $365,649 74 days