Inglewood West, Red Deer - August 2026 Real Estate Report

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

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

The Vibe: Houses vs. Condos in Inglewood West

We're seeing two pretty different stories playing out depending on what you own here. Let's break it down.

Houses - Taking a Breather, But Still Holding Value

If you've been watching the "For Sale" signs in Inglewood West, here's what's actually happening with houses. The average sale price came in at $464,000 this month, which is down from last month. Only 1 house sold, and it moved at about 97.68% of the asking price - meaning buyers are negotiating, but not hammering sellers. Properties are sitting for around 26 days on average, which is just slightly longer than Anders South at 24 days. Not a crisis, but the market is telling us to be realistic on pricing.

The bigger number to watch is the predicted market value of $491,755 - and that figure is climbing. The 3-month moving average sits at $484,508, so the trend is pointing up even if the most recent sale looks soft. Our neighbourhood growth rate ranks 17 out of 79 comparable areas in Red Deer. That puts us in the above-average tier on the city leaderboard - a solid position to be in.

• Average HonestDoor Price: $501,856 (up 2.48%)
• Predicted Market Value: $491,755
• Average Sale Price This Month: $464,000
• Price Per Square Foot: $422
• Days on Market: 26
• Sale-to-List Ratio: 97.68%
• Estimated Monthly Rent: $2,403 (rental yield of 5.69%)
• Growth Rank: 17 out of 79 in Red Deer
• Price Rank: 20 out of 58 in Red Deer

Condos - Stable, But Watch the Trend

The condo side of Inglewood West is a different conversation. One condo sold at $235,000, which came in at 95.92% of the $245,000 list price. Buyers are getting a small discount, and the market here is steady rather than exciting. Days on market clocked in at 27, which is a touch slower than nearby Anders South.

Here's the part worth paying attention to: the predicted condo value of $342,266 is actually sitting below the 3-month moving average of $353,545. That's a signal that condo values in Inglewood West are softening a bit right now. The growth rank of 45 out of 71 puts us in the below-average range on the Red Deer leaderboard for condos. Not alarming, but worth knowing if you're thinking about timing a sale. On the flip side, our condos are still priced above average in the city - ranking 19 out of 38 on price.

• Average HonestDoor Price: $342,588 (up 0.09%)
• Predicted Market Value: $342,266
• Average Sale Price This Month: $235,000
• Price Per Square Foot: $257
• Days on Market: 27
• Sale-to-List Ratio: 95.92%
• Estimated Monthly Rent: $1,622 (rental yield of 4.17%)
• Growth Rank: 45 out of 71 in Red Deer
• Price Rank: 19 out of 38 in Red Deer

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 months ago, sometimes longer. They don't know that house values in Inglewood West are up 2.48% in the recent period. They don't factor in what buyers are actually paying on your street today.

The HonestDoor Price is a real-time estimate that moves with the market. For houses, it's sitting at $501,856 right now. That's a live number, not a government filing from last year. If you're a homeowner here and you haven't checked your HonestDoor Price lately, you're essentially navigating without a current map. Neighbouring Sunnybrook South is sitting at an average of $664,576 for houses - knowing where Inglewood West stands relative to that helps you understand exactly what your equity position looks like today.

For condo owners, the HonestDoor Price of $342,588 is significantly higher than the recent sale price of $235,000. That gap is worth understanding before you make any decisions about selling or refinancing.

The So What - Thinking About Selling This Summer?

For house owners, the honest advice is this: the fundamentals are working in your favour. A growth rank of 17 out of 79 in Red Deer means Inglewood West is outperforming most of the city. The predicted value is trending up. But the recent sale came in below list price, and only one property moved last month. Price it sharp, not greedy, and you'll find a buyer. Price it like it's a hot market and you'll sit.

For condo owners, summer is not the moment to be casual about pricing. Values are dipping slightly against the 3-month trend, and buyers are already negotiating about 4% off list. If you're serious about selling, get your HonestDoor Price, compare it honestly to what's actually closing, and work with that reality. Waiting for the market to bounce back is a strategy - but it's not a guaranteed one right now.

Either way, the smartest first move is checking your current HonestDoor Price at honestdoor.com. It takes 30 seconds and gives you a number that's actually connected to today's market - not last year's paperwork.

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.