Devonshire, Red Deer - September 2026 Real Estate Report

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

If you own a home in Devonshire and the last number you checked was your city assessment, you are probably working with stale data. Here is what is actually happening on the ground right now.

The Vibe: What the Market Is Doing in Our Corner of Red Deer

Houses - The Real Story

We are seeing something interesting with houses in Devonshire. The average sale price hit $448,250 this period - up 7.1% from last month. That is not a small jump. Listings are sitting at $454,200 on average, and homes are selling at 98.67% of list price. Translation: buyers are not getting big discounts, but they are not paying over asking either. If you price it right, you get close to what you want.

The number that should grab your attention is days on market. Houses here are moving in an average of 16 days, which ranks 6th out of 41 comparable neighbourhoods in Red Deer. That is a top-tier speed stat. When we say fast-selling, we mean it.

• Average sale price: $448,250 (up 7.1% from last month)
• Average list price: $454,200
• Price per square foot: $380
• Sale-to-list ratio: 98.67%
• Average days on market: 16
• Days-on-market rank: 6 out of 41 in Red Deer (very fast)
• Properties sold in 2026: 35 total transactions
• Rental yield: 5.73% - strong returns for investors
• Estimated monthly rent: $2,291

The HonestDoor Price for houses sits at $433,399, which is down 3.29% from the previous period. That gap between the HonestDoor Price and the actual sale average of $448,250 tells you something useful - real transactions are coming in above the modeled estimate right now. The market is moving faster than the numbers can fully track.

On the neighbourhood leaderboard, Devonshire houses rank 53 out of 78 for growth in Red Deer. That puts us in the below-average tier for appreciation pace. Nearby Lonsdale ($464,696) and Deer Park Estates ($464,722) are priced slightly higher. Davenport ($428,690) comes in cheaper. We sit in the middle of the pack on price - rank 32 out of 58 - which actually makes Devonshire a reasonable entry point compared to neighbours.

Condos - A Different Conversation

The condo picture in Devonshire is quieter but has its own upside. Only 1 condo sold recently, and it went in 2 days. Two days. That is the fastest days-on-market rank in all of Red Deer for condos - rank 1 out of 28. When a condo hits the market here, someone is ready to buy it.

The average sale price came in at $195,000, with listings averaging $214,444. The sale-to-list ratio of 90.93% means buyers are negotiating harder here than on the house side. There is room to work with if you are buying, but sellers need to price with that in mind.

• Average sale price: $195,000
• Average list price: $214,444
• Price per square foot: $250
• Sale-to-list ratio: 90.93%
• Average days on market: 2 (ranked 1st out of 28 in Red Deer)
• HonestDoor Price: $274,464 (up 4.05%)
• Estimated monthly rent: $1,422
• Rental yield: 4.24%
• Growth rank: 18 out of 71 in Red Deer (above average)

Here is the condo leaderboard stat worth noting: Devonshire condos rank 18 out of 71 neighbourhoods in Red Deer for growth. That puts us solidly above average. The HonestDoor Price of $274,464 is also running well above the recent sale average of $195,000, which suggests the broader condo value in this neighbourhood has more room than recent transactions reflect.

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

Your city assessment is a snapshot from months ago - sometimes longer. It does not know that houses in Devonshire just posted a 7.1% price jump in a single month. It does not know that condos here are selling in 2 days flat. The HonestDoor Price updates in real time using actual transaction data, current listings, and live market signals.

For houses, the HonestDoor Price is $433,399. For condos, it is $274,464 - up 4.05%. These are not government estimates sitting in a filing cabinet. They are the closest thing to what your property is worth if someone knocked on your door today and asked to buy it. Check yours now at HonestDoor before you make any decisions about selling, refinancing, or even just knowing where you stand.

The So What - Thinking About Selling This Summer?

Here is the straight talk for anyone in Devonshire weighing a summer sale.

On the house side, you have real momentum. Prices are up, homes are moving in 16 days, and buyers are paying close to full ask. The window is open. The one caution is that only 2 houses sold in the most recent period - down 50% from the month before. Low inventory can work in your favour on price, but it also means the sample is thin. Price it sharp, not greedy, and you will move it fast.

On the condo side, the market is taking a breather on volume, but the speed is unreal. If you list a condo in Devonshire, history says it sells in days. The gap between list price and sale price is wider here, so work with your agent on a realistic number. Do not anchor to the HonestDoor Price of $274,464 as your floor - recent sales are coming in lower - but use it as context for where the neighbourhood is heading.

• Best move for house sellers: List this summer while prices are up and days on market are low
• Best move for condo sellers: Price realistically - buyers are negotiating, but they are moving fast
• Best move for everyone: Pull your HonestDoor Price today and compare it to your last tax assessment - the difference might surprise you

Devonshire is not the flashiest neighbourhood on the Red Deer leaderboard, but it is steady, it is fast-moving on sales, and right now the data is pointing in a direction that favours sellers who act before the summer winds down.

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.