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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

$391,074

AVERAGE PRICE OF 628 HOMES

$2,275,745

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$762,109

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$260,427

AVERAGE PRICE OF 11 HOMES WITH A POOL

$339,742

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $391,074
Avg Bedrooms 2.96 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $221,523
2 bedrooms $220,859
3 bedrooms $313,821
4 bedrooms $400,470
5 bedrooms $491,587
Red Deer Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 591 545 n/a 501 569
Average Price $399,013 $401,574 n/a $433,036 $469,678
Avg Price Change -0.64% n/a n/a -8.46% -0.81%
Median Price $312,293 $315,810 n/a $321,267 $326,829
Med Price Change -1.13% n/a n/a -1.73% -1.30%
Avg Bedrooms 2.95 beds 2.9 beds n/a 2.82 beds 2.79 beds
Avg Bathrooms 2.24 baths 2.24 baths n/a 2.21 baths 2.2 baths
Total Homes Average Price Avg Days on Site
All Homes 628 $391,074 57 days
Multi-Million Dollar Homes 20 $2,275,745 124 days
Newly Built Homes 14 $762,109 74 days
Homes with a Pool 11 $260,427 84 days
Reduced Price Homes 45 $339,742 53 days