0.6 km away
$303K
+3.3%Railyards, Red Deer, AB Real Estate
Home prices, sales and market activity in Railyards — prices moved +6.0% in 2025.
Avg. condo price
$469,698
+8.6%2025 vs 2024
Sales in 2025
2
Price rank in Red Deer
11th
of 87 neighbourhoods
How it ranks
Railyards among 87 Red Deer neighbourhoods
Average house + condo price is 26% above the Red Deer average ($377,579).
Most expensive
Ranked by average property price against every neighbourhood in the city.
11th
of 87
LastAhead of 88%1st
$477,235 average price
+26%vs Red Deer average
Fastest growing
Ranked by year-over-year price growth against every neighbourhood in the city.
48th
of 87
LastAhead of 45%1st
+6.01% year over year
Most active
Ranked by number of recorded sales against every neighbourhood in the city.
38th
of 87
LastAhead of 57%1st
2 sales
Market trends
How Railyards compares with Red Deer
Yearly averages from assessment records and recorded sales.
Average price
Railyards: $477,235
Railyards
Red Deer average
| Year | Railyards | Red Deer average |
|---|---|---|
| 2022 | $569,672 | $511,666 |
| 2023 | $436,182 | $328,351 |
| 2024 | $447,739 | $346,173 |
| 2025 | $477,235 | $377,579 |
| 2026 | — | — |
Year-over-year change
Change in average price
Railyards
Red Deer average
| Railyards | Red Deer average | |
|---|---|---|
| 2022 | -7.5% | +6.2% |
| 2023 | -23.4% | — |
| 2024 | +4.4% | +5.6% |
| 2025 | +6.0% | +9.1% |
Sales activity
Recorded sales per year · 2026 is year to date
| Railyards | |
|---|---|
| 2022 | 3 sales |
| 2025 | 2 sales |
Current month
Railyards price and rent estimates
Current-month figures for Railyards, by property type.
Avg. Honestdoor price
$859,781
1.55%down from previous month
Avg. rental estimate
$4,738/mo
Sold price per sq ft
$207 / sqft
Est. gross rental yield
6.6%
Annual rent ÷ price
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Nearby
Neighbourhoods near Railyards
Closest neighbourhoods by distance, with their average house price.
0.7 km away
$690K
+1.7%1.1 km away
$301K
-3.8%1.4 km away
$301K
-1.1%1.4 km away
$259K
-7.1%1.4 km away
$304K
-2.1%1.4 km away
Riverside Light Industrial Park
—
1.5 km away
$384K
+1.0%Honestdoor services
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Learn MoreAll neighbourhoods
Neighbourhoods in Red Deer
Largest neighbourhoods
- Downtown
- Railyards
- South Hill
- Riverside Meadows
- West Park
- Bower
- Highland Green Estates
- Oriole Park
- Clearview Meadows
- Glendale
- Normandeau
- Glendale Park Estates
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Railyards Red Deer Real Estate Market Report
Discover the latest insights into the Railyards real estate market with Honestdoor's detailed report. Whether you're buying, selling, or investing, staying informed about Railyards's housing market trends is essential. Our report offers a concise overview of average property prices, growing trends, and recent transactions in this sought-after Red Deer neighbourhood.
Average Property Prices and Market Trends
Get up-to-date information on average property prices in Railyards, along with insights into market trends that show how this neighbourhood is evolving. Whether you're tracking price changes or looking for investment opportunities, Honestdoor's data helps you understand the dynamics of the Railyards housing market.
Rental Estimates and Sold Prices per Square Foot
By integrating Big Data, machine learning, and predictive analytics, Honestdoor provides valuable information on average rental estimates and the sold price per square foot in Railyards, offering a clear picture of the market's performance. This data is crucial for both homeowners and investors looking to maximize their returns.
Real Estate Listings in Railyards
Explore current real estate listings in Railyards to see what's available in this vibrant community. Whether you're looking for a new home or a solid investment, our listings give you access to the best properties on the market. Stay ahead in the Railyards real estate market with our comprehensive report at Honestdoor, and make informed decisions in this thriving neighbourhood.