Oriole Park, Red Deer - October 2026 Real Estate Report
Oriole Park, Red Deer: What Your Home Is Actually Worth Right Now
If you live in Oriole Park and you haven't checked your HonestDoor Price lately, you're probably working off a number that doesn't reflect what's happening on the street. Here's the real picture - no fluff, no spin.
The Vibe: What's Going On in Our Neighbourhood
Oriole Park is holding its own in Red Deer's market. The average HonestDoor Price for a house sits at $435,776, up 1.07% from the previous period. That's not a headline-grabbing jump, but it's steady forward movement - and steady beats a slide any day.
On the sales side, houses averaged $441,225 this past month, which is up 13.9% from the month before. Only 4 homes sold, down 20% from last month, and they sat on the market for an average of 62 days. Buyers paid about 96.34% of list price, meaning sellers are getting close to what they're asking - but not quite full price. Listings are currently averaging $462,950, so there's a small gap between what sellers want and what buyers are paying.
One stat worth knowing: Oriole Park ranked 1st in Red Deer for total property transactions in 2026, with 67 deals done. That's the busiest neighbourhood in the city for actual sales activity. We're not just listed - we're selling.
- Average HonestDoor Price (Houses): $435,776
- Average Sale Price This Month: $441,225
- Average List Price This Month: $462,950
- Price Per Square Foot: $292
- Sale-to-List Ratio: 96.34%
- Average Days on Market: 62
- Properties Sold This Month: 4
- Average Rental Estimate: $2,214 per month
- Rental Yield: 5.76%
- Total Transactions Rank in Red Deer: 1st
- Growth Rank: 17 out of 80 neighbourhoods - above average
On the condo side, the numbers look different. The average HonestDoor Price for a condo is $1,435,747, which is down 7.72% from the previous period. The predicted market value sits at $1,555,839, which is actually trending up against the 3-month moving average of $1,544,672. Rental estimates for condos come in at $4,865 per month, though the rental yield of 2.87% is more moderate than what houses are delivering. Condo growth ranks 46 out of 72 comparable neighbourhoods - below average for Red Deer right now.
- Average HonestDoor Price (Condos): $1,435,747
- Predicted Market Value (Condos): $1,555,839
- Average Rental Estimate (Condos): $4,865 per month
- Rental Yield (Condos): 2.87%
- Condo Growth Rank in Red Deer: 46 out of 72
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from months ago, built on broad formulas, not what buyers are actually offering on your street today. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals. It's the difference between checking yesterday's weather and stepping outside right now.
For houses in Oriole Park, the predicted market value is $431,173 - slightly below the 3-month moving average of $435,740, and property values have shifted by -2.04% recently. If your tax assessment was set before that dip, you could be paying tax on a value that no longer matches reality. That's money out of your pocket.
For condo owners, the gap is even more important. A predicted value of $1,555,839 versus an HonestDoor Price of $1,435,747 is a significant spread. Knowing which number is closer to what a buyer would actually pay - right now - is the kind of intel that changes your decision-making. Don't wait for the city to catch up. Check your HonestDoor Price today.
The 'So What?': Thinking About Selling This Summer?
If you're a house owner in Oriole Park and you're thinking about listing this summer, here's the honest read. Prices are up month-over-month, but homes are taking about 62 days to sell and buyers are negotiating a bit below list. You're not in a frenzy market - but you're in a market that's moving. Pricing sharp from day one matters more than ever.
Your neighbours in Oriole Park West are sitting at an average HonestDoor Price of $534,249 - about $100,000 above us. Fairview is close at $439,686. That context tells you where Oriole Park sits in the local pecking order, and it's a solid middle ground with real demand behind it - remember, we ranked first in Red Deer for total transactions.
For condo owners, the picture calls for a bit more patience. Growth is ranked below average right now, and the HonestDoor Price has dipped 7.72%. That doesn't mean don't sell - it means price it right and know your number before you list. A rental yield of 2.87% also means holding and renting isn't a slam dunk compared to what house landlords are seeing at 5.76%.
Bottom line - whether you're selling, holding, or just curious, the smartest move right now is to pull your HonestDoor Price and compare it to what the city has on file. In a market that's moving this fast, the gap between those two numbers could be the most important thing you learn all year.
oriole park | red deer | october 2026This 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.