If you need assistance, please call 403-575-0363

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. via reddeer.ca

Red Deer Market Report

$548,140

AVERAGE PRICE OF 343 HOMES

$2,218,407

AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

$593,400

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$457,800

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $548,140
Avg Bedrooms 2.73 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $166,715
2 bedrooms $247,640
3 bedrooms $407,699
4 bedrooms $545,842
5 bedrooms $615,215
Red Deer Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 330 290 264 230 254
Average Price $538,151 $615,475 $634,282 $686,000 $716,593
Avg Price Change -14.37% -3.06% -8.15% -4.46% +7.92%
Median Price $417,283 $447,507 $454,084 $461,334 $473,825
Med Price Change -7.24% -1.47% -1.60% -2.71% +4.48%
Avg Bedrooms 2.69 beds 2.53 beds 2.49 beds 2.48 beds 2.46 beds
Avg Bathrooms 2.05 baths 1.95 baths 1.92 baths 1.87 baths 1.89 baths
Total Homes Average Price Avg Days on Site
All Homes 343 $548,140 53 days
Multi-Million Dollar Homes 26 $2,218,407 112 days
Newly Built Homes 18 $593,400 40 days
Reduced Price Homes 23 $457,800 39 days

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Royal Lepage Network Realty
Robert Gallaway
6-3608 50 Ave.
Red Deer, AB T4N 3Y6
403-575-0363

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license." Last updated May 21, 2025 1 PM CST
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