Davenport, Red Deer - September 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 property value lately, now is the time to pay attention. The market here is shifting, and the gap between what the city thinks your home is worth and what it's actually worth in 2026 is getting harder to ignore.

The Vibe: Houses vs. Condos in Davenport

Houses

Let's be straight with each other. The house market in Davenport is taking a breather. The average sale price sits at $374,000, down 1.1% from last month, and homes are selling at about 95% of list price. That means buyers are negotiating, and they're winning. With only 2 sales this month and a predicted market value of $418,040 that is trending down from a 3-month average of $431,822, we're watching values soften in real time.

• Average HonestDoor Price: $428,690 (up 2.68% from the previous period)
• Average sale price this month: $374,000
• Price per square foot: $308
• Average days on market: 20
• Properties sold at 95.38% of list price
• Estimated monthly rent: $2,061
• Rental yield: 5.79% - that is a strong return for landlords
• Neighbourhood growth rank: 70 out of 78 in Red Deer

That growth rank is the number to watch. On the neighbourhood leaderboard, Davenport houses sit near the bottom for value growth right now - 70th out of 78 comparable areas. The silver lining? Homes here are moving relatively fast. A days-on-market rank of 9 out of 41 means that when a house is priced right, it doesn't sit. Buyers are still out there, they're just pickier than they were a year ago.

Compared to nearby Rosedale Meadows, where the average sale price is $420,000, Davenport houses are coming in a bit lower. If you're a buyer, that gap is worth knowing. If you're a seller, it's a reason to price sharp from day one.

Condos

The condo picture in Davenport is a different story - and honestly, a bit of an outlier. The HonestDoor Price for condos here averages $5,459,377, which is a significant jump above what you'd expect in this part of Red Deer. The predicted market value lands at $5,335,397. These numbers likely reflect a small number of high-value units skewing the average, given that only 1 condo sold this month and just 3 transactions happened in all of 2026 so far.

• Average HonestDoor Price: $5,459,377 (up 2.32% from the previous period)
• Average sale price this month: $280,000
• Price per square foot: $347
• Average days on market: 37
• Properties sold at 98.25% of list price
• Estimated monthly rent: $10,158
• Rental yield: 2.03%
• Neighbourhood growth rank: 53 out of 71 in Red Deer

Condos are sitting on the market longer - 37 days on average - and the growth rank of 53 out of 71 puts us below average on the leaderboard. The rental yield of 2.03% is moderate, meaning condos here are not the slam-dunk income play that houses are right now. If you own a condo in Davenport and you're thinking about your next move, the math deserves a close look.

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

Here is the thing about city assessments - they are 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, pulling from actual transaction data and current market signals. Right now, the HonestDoor Price for houses in Davenport is $428,690, while actual sale prices this month are averaging $374,000. That is a meaningful gap, and it tells you something important about where the market is heading versus where it has been.

If you are making any decision - selling, refinancing, or just figuring out your net worth - use the HonestDoor Price as your real-world check. It is the number that reflects today, not last year.

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

If you are a Davenport homeowner with a house and you are thinking about listing this summer, here is the honest take. Values are sliding - down 5.24% recently - and the neighbourhood sits near the bottom of the Red Deer growth leaderboard right now. Waiting for the market to bounce back is a gamble. Selling sooner, priced competitively, gives you the advantage of that 20-day average days-on-market stat. Buyers are still active. They just want a fair deal.

For condo owners, patience is required. With only 1 sale this month and 37 days on market, you are in a slower lane. Pricing at or just below list is your best tool - the data shows condos here are already selling close to asking when they do move.

Bottom line - Davenport is not a market to ignore right now. Check your HonestDoor Price, know where you stand on the leaderboard, and make your move with real numbers in hand.

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.