Davenport, Red Deer - June 2026 Real Estate Report

Davenport, Red Deer: Your Neighbour Just Got a Better Price Than You Think

If you own a home in Davenport and you're still going off your last city assessment, you're probably leaving money on the table - or worrying about a number that doesn't reflect what's actually happening on your street right now. Here's the real picture.

The Vibe: What's Happening With Houses in Davenport

Let's be straight with each other. The house market here is taking a breather. The average sale price for houses came in at $396,200 this month, which is down 17.2% from last month. That sounds alarming, but context matters - we're working with only 2 sales, so one outlier can swing that number hard. Don't panic.

What's more telling is how fast homes are moving. Properties are sitting on the market for an average of just 15 days, and our days-on-market rank is 6 out of 36 neighbourhoods in Red Deer. That puts us near the top of the leaderboard for speed. Buyers are still showing up - they're just negotiating a little harder, with homes selling at 99.37% of list price.

• Average sale price (houses): $396,200
• Average list price: $459,900
• Price per square foot: $383
• Average days on market: 15
• Sales volume: 2 properties sold
• Sold-to-list ratio: 99.37%
• Rental yield: 5.82% - that's a strong return
• Estimated monthly rent: $2,038
• Growth rank: 39 out of 80 neighbourhoods in Red Deer - above average

The predicted market value for houses sits at $433,416, which is actually climbing above the 3-month moving average of $419,391. So while the single-month sale number dipped, the underlying trend is pointing up. That's an important distinction.

The Vibe: What's Happening With Condos in Davenport

The condo side of Davenport is a different story. We saw 2 sales at an average of $280,000, with homes selling at 96.59% of list price. The market here is stable - not exciting, but not falling apart either. Condos are taking about 18 days to sell, which puts us in the moderately fast category for Red Deer.

Our condo growth rank sits at 19 out of 71 neighbourhoods in Red Deer - that's a strong leaderboard position. And our price rank of 13 out of 39 puts us above average in price, which is good news if you're a seller.

• Average sale price (condos): $280,000
• Average list price: $289,900
• Price per square foot: $282
• Average days on market: 18
• Sales volume: 2 properties sold
• Sold-to-list ratio: 96.59%
• Growth rank: 19 out of 71 neighbourhoods in Red Deer - above average

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here's the thing about city assessments - they're a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, and right now it's telling a very different story than what the city has on file.

For houses in Davenport, the average HonestDoor Price is $435,178 - up 0.54% from the previous period. That's your real-world check. The predicted market value for houses is $433,416, and it's trending higher than the 3-month average. These two numbers are telling you the same thing: your home is worth more than a static government number suggests.

There were 22 property transactions in Davenport in 2026 so far, and our total transaction rank in Red Deer is 10. This neighbourhood is active. Buyers are paying attention to Davenport, and your HonestDoor Price reflects that activity in a way your assessment simply cannot.

The "So What?": Thinking About Selling This Summer?

If you're a homeowner in Davenport and you're weighing a summer sale, here's what the numbers are actually telling you.

For house sellers - the market is competitive but not dead. Homes are selling fast (15 days on average) and buyers are paying close to full list price. The key is pricing smart. List too high and you'll sit. Price it right and you'll move it quickly. The gap between the average list price ($459,900) and average sale price ($396,200) this month tells you buyers are doing their homework. You should too.

For condo sellers - stability is your friend right now. Prices are holding, the market is moving at a reasonable pace, and our above-average price rank means Davenport condos carry real weight in the Red Deer market. A rental yield story also works in your favour if you're marketing to investors - 2.11% is moderate, but the Airbnb rank of 11 in Red Deer is a strong secondary pitch.

Bottom line - check your HonestDoor Price before you do anything else. It's the most current read on what your property is actually worth right now, not what it was worth when the city last looked. In a market moving this fast, that difference matters to your wallet.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.