Davenport, Red Deer - October 2026 Real Estate Report
Davenport, Red Deer: What Your Neighbour Hasn't Told You Yet
If you own a home in Davenport and you haven't checked your HonestDoor Price lately, you're probably working off numbers that don't reflect what's actually happening on your street. Here's the straight story.
The Vibe: Houses vs. Condos
Houses - Steady, With a Few Things to Watch
We're seeing houses in Davenport sitting at an average HonestDoor Price of $429,196 - up a hair (0.12%) from last period. That's not a fireworks moment, but it's holding ground. The average sale price came in at $372,800, which is down 0.3% from last month, and homes are selling at about 95.38% of list price. Translation: buyers are negotiating, and sellers are meeting them partway.
The good news for us? Houses are moving. Three sold last month - up 50% from the month before - and they're clearing in an average of 20 days. That's not a slow market. Listings are averaging $260,000 right now, and price per square foot is sitting around $305.
- Average HonestDoor Price: $429,196 (up 0.12%)
- Average sale price: $372,800
- Price per square foot: $305
- Average days on market: 20
- Properties sold last month: 3 (up 50%)
- Sale-to-list ratio: 95.38%
- Estimated monthly rent: $2,067
- Rental yield: 5.82% - that's a strong return
On the neighbourhood leaderboard, Davenport houses rank 8 out of 80 neighbourhoods in Red Deer for growth. That puts us near the top of the city. Days-on-market ranks 9 out of 41 - meaning we sell faster than most. The one soft spot is price rank: 46 out of 58, which means we're priced below average for Red Deer. For buyers, that's opportunity. For sellers, it's context.
Compared to nearby streets, Rosedale Meadows ($497,449) and Deer Park Village ($479,302) are both pricier. Devonshire ($437,800) is close but still above us. Davenport is the relative value play in this pocket of the city right now.
Condos - A Different Story Altogether
The condo picture in Davenport is a bit unusual, so let's be straight about it. The HonestDoor Price for condos is showing $4,962,224 - a number that reflects a very small sample size (3 transactions in 2026) and likely a specific high-value property skewing the average. The average sale price on the ground is $280,000, which is far more representative of what most condo owners here are dealing with day-to-day.
One condo sold last month, sitting on the market for 37 days. It sold at 98.25% of list price - basically full ask. That's actually a solid signal for condo sellers: when one does sell, it sells close to asking.
- Average sale price: $280,000
- Price per square foot: $347
- Average days on market: 37
- Sale-to-list ratio: 98.25%
- Estimated monthly rent: $9,764 (based on HonestDoor model)
- Airbnb rank in Red Deer: 12 out of the city - near the top
On the leaderboard, condo growth ranks 35 out of 72 neighbourhoods - above average for Red Deer. The Airbnb rank of 12 in the city is worth noting if you're thinking about short-term rental potential here.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment: it's a snapshot from months ago, built on broad formulas, not your actual street. It doesn't know that three houses just sold nearby, or that days-on-market in Davenport is trending faster than most of Red Deer.
The HonestDoor Price updates in real time. It pulls from actual transaction data - like those 37 property sales recorded in Davenport in 2026 - and adjusts as the market moves. Right now, the predicted market value for a Davenport house sits at $429,254, which is slightly above the 3-month moving average of $429,479. That's a live number, not a government estimate that's already six months stale by the time it hits your mailbox.
If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check you need.
The "So What?" - Thinking About Selling This Summer?
If you're a Davenport homeowner eyeing a summer sale, here's the honest read.
For house sellers, the market is taking a breather - prices are slightly softer and buyers are negotiating. But homes are still moving in 20 days on average, and Davenport ranks in the top 10 in Red Deer for growth. That's a real selling point. Price it sharp, price it right, and you won't be sitting on it long.
The 5.82% rental yield also gives you a backup plan. If summer selling conditions don't feel right, renting at an estimated $2,067 per month is a genuinely strong return while you wait for the market to firm up.
For condo owners, the market is thinner - fewer buyers, longer days on market. But the ones that do sell are getting close to full ask. If you're selling, presentation and pricing matter more here than anywhere else in the neighbourhood.
Bottom line: Davenport is not a flashy market right now, but it's a real one. Check your HonestDoor Price, know where you stand, and make your move with actual numbers - not last year's assessment.
davenport | red deer | october 2026This 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.