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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. via reddeer.ca

Red Deer Market Report

$618,883

AVERAGE PRICE OF 309 HOMES

$2,426,445

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$632,949

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$449,453

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $618,883
Avg Bedrooms 2.67 beds
Avg Bathrooms 2 baths

Average Price by Bedrooms

1 bedroom $158,385
2 bedrooms $253,865
3 bedrooms $431,718
4 bedrooms $556,157
5 bedrooms $592,022
Red Deer Home Price Trends
  12/2025 11/2025 10/2025 9/2025 8/2025
Total Listings 330 364 410 420 414
Average Price $573,404 $539,856 $556,717 $553,727 $552,569
Avg Price Change +6.21% -3.12% +0.54% +0.21% +1.23%
Median Price $424,521 $431,340 $438,698 $440,316 $432,531
Med Price Change -1.61% -1.71% -0.37% +1.80% +3.14%
Avg Bedrooms 2.65 beds 2.88 beds 2.98 beds 2.98 beds 2.87 beds
Avg Bathrooms 1.95 baths 2.06 baths 2.14 baths 2.21 baths 2.19 baths
Total Homes Average Price Avg Days on Site
All Homes 309 $618,883 67 days
Multi-Million Dollar Homes 29 $2,426,445 134 days
Newly Built Homes 26 $632,949 63 days
Reduced Price Homes 13 $449,453 55 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 January 24, 2026 12 AM CST
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