Evergreen, Red Deer - September 2026 Real Estate Report

Evergreen, Red Deer: Prices Are Holding, But Your House Is Sitting Longer Than You Think

The Vibe Right Now

If you've been watching the "For Sale" signs in Evergreen, here's what's actually happening. The house market is in a stable but slow groove. Two homes sold last month, average sale price came in at $564,400, and listings are sitting at $699,900 on average. That gap between list and sale is real - buyers are paying about 98.37% of asking, which means they're negotiating, and they're winning small.

The number that should get your attention? 144 days on market. That's nearly five months. Homes here are not flying off the shelf. This is a buyers' market, and anyone pricing aggressively without the right data is going to feel that wait.

• Average sale price - $564,400
• Average list price - $699,900
• Sale-to-list ratio - 98.37% (buyers are paying below ask)
• Average days on market - 144 days
• Price per square foot - $346

The Leaderboard Check

Here's where Evergreen stands among Red Deer neighbourhoods, and it's a mixed picture. On price, we rank 11 out of 58 - that puts us among the most expensive areas in the city. That's a strong position for sellers on paper. But on days-on-market, we rank 40 out of 41. That's nearly last. Expensive and slow is a tough combo when you're trying to move a property quickly.

On growth, Evergreen sits at 26 out of 78 neighbourhoods. That's above average, and it's worth noting. We're not leading the pack, but we're not falling behind either.

• Price rank - 11 out of 58 (among the most expensive in Red Deer)
• Growth rank - 26 out of 78 (above average)
• Days-on-market rank - 40 out of 41 (very slow-selling)

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

Your city assessment is a snapshot from the past. It's calculated once a year using data that's already months old by the time it lands in your mailbox. The market doesn't wait for that schedule.

The average HonestDoor Price for homes in Evergreen right now is $590,500. That's down 3.83% from the previous period - a real shift that your tax notice won't reflect until much later. Meanwhile, the predicted market value for houses sits at $614,047, which is actually trending up slightly from the 3-month moving average of $608,298.

That's a $23,547 spread between the HonestDoor Price and the predicted value. Understanding which number applies to your specific home - and why - is exactly the kind of edge that saves you from underpricing or overpricing when you list. The HonestDoor Price is your real-world check, updated in real time, not once a year.

• Average HonestDoor Price - $590,500 (down 3.83%)
• Predicted market value for houses - $614,047
• 3-month moving average - $608,298 (values are climbing slightly)
• Recent value change - up 1.38%

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

Here's the straight talk. Evergreen is not a set-it-and-forget-it market right now. If you list this summer, you need to go in with a sharp price from day one. With homes averaging 144 days on market, an overpriced listing will sit - and a stale listing loses leverage fast.

The good news is that rental demand is real here. Estimated rent is $2,915 per month with a rental yield of 5.42%. If selling feels rushed, holding and renting is a legitimate play with strong numbers behind it.

For context on where Evergreen sits against neighbours - Garden Heights is slightly more expensive at an HD Price of $698,350, and Emerson is cheaper at $516,560. If buyers are cross-shopping, they're comparing us directly to those two. Knowing your precise HonestDoor Price keeps you competitive without leaving money on the table.

• Estimated monthly rent - $2,915
• Rental yield - 5.42% (strong returns)
• Airbnb estimate - $141 per night (ranked 30th in Red Deer)
• Nearby comparison - Emerson HD Price $516,560 - Garden Heights HD Price $698,350

Bottom line - Evergreen is a quality neighbourhood with above-average growth and top-tier pricing in Red Deer. But the market is taking a breather, and buyers know it. Price smart, use your HonestDoor Price as your anchor, and you'll be in a much stronger position than the neighbour who listed based on last year's assessment.

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.