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      Red Deer, AB Real Estate

      Home prices, sales activity and neighbourhood rankings for Red Deer — prices moved +9.1% in 2025.

      View mapHomes for sale

      Avg. house price

      $405,542

      +9.1%2025 vs 2024

      Avg. condo price

      $249,925

      +8.0%2025 vs 2024

      Sales in 2026 so far

      2,044

      2,275 in 2025

      Neighbourhoods

      87

      59,616 properties tracked

      Market trends

      Yearly averages from assessment records and recorded sales across the city.

      Average price

      Houses: $405,542

      Condos: $249,925

      Houses

      Condos

      Average assessed value by year in Red Deer
      YearHousesCondos
      2020$365,051$221,518
      2021$365,732$733,696
      2022$348,795$839,102
      2023$356,132$210,406
      2024$371,860$231,313
      2025$405,542$249,925
      2026——

      Year-over-year change

      House + Condo, all neighbourhoods

      Year-over-year change in average price in Red Deer
      House + Condo
      2020-2.3%
      2022+6.2%
      2024+5.6%
      2025+9.1%

      Sales activity

      Recorded sales per year · 2026 is year to date

      Houses

      Condos

      Recorded sales per year in Red Deer
      HousesCondos
      20201,208245
      20211,734360
      20222,089310
      20231,891382
      2024470169
      20251,872403
      2026 YTD1,753291

      The typical home

      Average size of Red Deer homes

      Condos

      Beds

      3.0

      Baths

      2.0

      Living area

      2,897 sqft

      Houses

      Beds

      4.0

      Baths

      3.0

      Living area

      1,426 sqft

      Neighbourhood rankings

      Top neighbourhoods in Red Deer

      Where prices are highest, rising fastest, and where homes trade most often.

      Most expensive

      Highest average property price · House + Condo, 2026

      No rankings published for this year and property type yet.

      Fastest growing

      Biggest year-over-year price growth · House + Condo, 2026

      No rankings published for this year and property type yet.

      Most active

      Most recorded sales · House + Condo, 2026

      1. 1

        West Park

        72 sales

      2. 2

        Oriole Park

        67 sales

      3. 3

        Downtown

        62 sales

      4. 4

        Johnstone Park

        61 sales

      5. 5

        Aspen Ridge

        60 sales

      6. 6

        Bower

        56 sales

      7. 7

        Glendale Park Estates

        54 sales

      8. 8

        54 sales

      9. 9

        Oriole Park West

        51 sales

      10. 10

        51 sales

      Sold records

      Recently sold properties in Red Deer

      Property sales from public records over the last four months.

      See more sold properties

      Sold price

      $645,000

      Sold *

      27 days


      206 TRUANT CRESCENT

      Red Deer, AB

      3

      beds


      2

      baths

      Explore neighbourhoods

      Compare Red Deer neighbourhoods

      Average house prices across 56 residential neighbourhoods.

      How home prices are spread

      Number of neighbourhoods by average house price · median $340,009

      Neighbourhoods in Red Deer by average house price
      Neighbourhoods
      < $300K15 neighbourhoods
      $300K28 neighbourhoods
      $400K9 neighbourhoods
      $500K1 neighbourhood
      $600K1 neighbourhood
      $700K+2 neighbourhoods

      Neighbourhoods with fewer than 25 homes are excluded.

      Neighbourhood list

      • Edgar Industrial Park

        538 properties

        $1.56M

        -10.1%
      • South Hill

        2,684 properties

        $737K

        -10.0%
      • Downtown

        4,151 properties

        $690K

        +1.7%
      • Pines

        1,038 properties

        $528K

        +8.8%
      • Sunnybrook South

        358 properties

        $464K

        -0.9%
      • Anders South

        634 properties

        $456K

        +1.4%
      • Vanier East

        602 properties

        $445K

        -1.9%
      • Laredo

        485 properties

        $443K

        +2.1%
      • Michener Hill

        1,014 properties

        $431K

        -1.9%
      • Anders Park East

        759 properties

        $429K

        -1.6%

      Honestdoor services

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      All neighbourhoods

      Neighbourhoods in Red Deer

      Largest neighbourhoods

      View all 87 neighbourhoods A–Z

      Red Deer Real Estate Market Report

      If you're looking to navigate the Red Deer real estate landscape, Honestdoor's comprehensive Red Deer real estate market report is your go-to resource. Whether you're a buyer, seller, or investor, staying informed about the latest real estate stats and trends is crucial. Our report offers a deep dive into the Red Deer housing market, providing you with the data and insights you need to make informed decisions.

      Key Highlights of the Red Deer Housing Market

      At Honestdoor, explore up-to-date statistics on the housing market in Red Deer, including average home prices, sales volumes, listings, and market trends. Our detailed analysis helps you understand the fluctuations and dynamics of the real estate market in Red Deer, giving you a clear picture of what to expect.

      Top Red Deer Neighbourhoods and Recent Activity

      Our report also features an overview of the top-performing neighbourhoods in Red Deer, offering insights into where the market is hottest. Discover where homes are selling quickly, which areas are seeing the most development, and where the best investment opportunities lie. Stay informed with Honestdoor's list of recently sold properties and recent permits in Red Deer. This section provides a snapshot of real-time activity in the Red Deer real estate market, helping you gauge market momentum and property prices in different neighbourhoods.

      Why the Red Deer Real Estate Market Report Matters

      Whether you're tracking the Red Deer housing market to buy your next home, sell your property, or invest in real estate, our report equips you with the essential information you need. With detailed Red Deer stats, trends, MLS listings, and neighbourhood insights, you'll be well-prepared to make confident decisions in this dynamic market. Stay ahead with Honestdoor's report and explore the opportunities awaiting you in Red Deer’s vibrant housing market.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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