Inglewood West, Red Deer - September 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 the last number you checked was your city tax assessment, you are probably looking at stale data. Here is what is actually happening on the ground right now.

The Vibe: Houses vs. Condos

Houses - The Market is Moving, But Buyers Have the Edge

We are seeing something interesting with houses in Inglewood West. The average sale price hit $495,667 this month - up 6.8% from last month. That sounds like a seller's dream, right? Not quite. Homes are selling at about 97.68% of list price, which means buyers are still negotiating a little off the ask. With listings averaging $475,000 and only 3 sales this month, the sample is small, but the direction is clear: prices are climbing.

The one thing to watch is days on market. Houses here are sitting for an average of 26 days before selling. Compare that to Ironstone at 13 days and Anders South at 24 days, and you can see Inglewood West is taking a bit of a breather relative to those neighbours. It is not a red flag - it just means buyers are being selective.

• Average sale price: $495,667 (up 6.8% month over month)
• Average list price: $475,000
• Price per square foot: $291
• Sale-to-list ratio: 97.68%
• Average days on market: 26
• Properties sold this month: 3
• Predicted market value: $503,264
• 3-month moving average: $491,219
• Rental yield: 5.66%
• Estimated monthly rent: $2,449

On the neighbourhood leaderboard, houses in Inglewood West rank 13 out of 78 Red Deer neighbourhoods for growth rate. That puts us in the top tier. Price rank sits at 17 out of 58 - above average. Days-on-market rank is 14 out of 41, which is moderately fast. Solid across the board.

Condos - Steady, Not Spectacular

The condo side of Inglewood West is a different story. One condo sold this month at $235,000, which is essentially flat. Listings are averaging $245,000, and that sale came in at 95.92% of list - so buyers are getting a small discount here too. At 27 days on market, condos are moving a touch slower than houses and slower than nearby Anders South at 24 days.

The predicted value for condos sits at $342,588, which is actually down slightly from the 3-month moving average of $348,497. That is a signal worth noting - the short-term momentum has softened a bit. The rental yield of 4.17% is moderate, not a home run, but still a reasonable return if you are holding as an investment.

• Average sale price: $235,000
• Average list price: $245,000
• Price per square foot: $257
• Sale-to-list ratio: 95.92%
• Average days on market: 27
• Predicted market value: $342,588
• 3-month moving average: $348,497
• Rental yield: 4.17%
• Estimated monthly rent: $1,627
• HonestDoor Price: $351,468 (up 2.59%)

On the leaderboard, condos rank 22 out of 71 Red Deer neighbourhoods for growth - above average. Price rank is 18 out of 38, also above average. Days on market ranks 15 out of 28, which puts us on the slower side of the condo market in Red Deer.

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

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that house prices in Inglewood West just jumped 6.8% in a single month. It does not know that the predicted value for houses is now $503,264 and trending upward past the 3-month average.

The HonestDoor Price is updated in real time. For houses, it sits at $483,464 - and while that is down 3.66% from the previous period, the predicted value of $503,264 tells us the market is already recovering and moving higher. For condos, the HonestDoor Price of $351,468 is up 2.59% and sits well above the average sale price of $235,000, which reflects the broader value of condos in the neighbourhood beyond just the few that traded hands this month.

If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check. Your tax assessment is the rearview mirror. The HonestDoor Price is the windshield.

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

If you own a house in Inglewood West, the timing is genuinely interesting. Prices are rising, the predicted value is above $500,000 and climbing, and we rank in the top 17% of Red Deer neighbourhoods for growth. The catch is that buyers are taking their time - 26 days on average - and they are negotiating a small discount off list. Price it right from day one and you will not sit long. Price it with wishful thinking and you will be doing a price drop in week three.

For condo owners, summer is a reasonable time to list, but go in with clear eyes. The predicted value is softening slightly against the 3-month trend, and buyers are getting about 4% off asking. The good news is that your HonestDoor Price at $351,468 is well above what recent sales suggest - meaning there is a real market for well-presented, properly priced condos. You just need to close that gap between list and sale.

Bottom line for both: check your HonestDoor Price before you call an agent, before you set a list price, and definitely before you assume your city assessment tells you anything useful about what your home is worth today.

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.