Oriole Park, Red Deer - September 2026 Real Estate Report

Oriole Park, Red Deer: Your Neighbours Are Selling Fast - Here Is What You Need to Know

If you have been watching the "For Sale" signs on your street lately, here is what is actually happening in Oriole Park right now. Houses are moving in under two weeks, buyers are paying over asking, and the numbers tell a story worth paying attention to before summer hits.

The Vibe: Houses vs. Condos

Houses - A Sellers' Market, Full Stop

We are sitting in one of the hotter pockets in Red Deer right now. The average house sale price in Oriole Park is $387,300 - up 6.9% from last month. Listings are sitting at $389,450, and here is the kicker: homes are selling at 101.44% of list price. That means buyers are going over asking. That does not happen in a soft market.

• Average sale price: $387,300 (up 6.9% month over month)
• Average list price: $389,450
• Sale-to-list ratio: 101.44% - buyers are paying above asking
• Average days on market: 14 days
• Price per square foot: $352
• Properties sold this period: 5

Fourteen days on market is fast. For context, Oriole Park West is sitting at 18 days and Fairview at 15. We are outselling both of our neighbours right now. The predicted market value for houses here is $440,133, which is trending up from the 3-month moving average of $435,020. That upward momentum matters if you are thinking about timing a sale.

On the neighbourhood leaderboard, Oriole Park houses rank 4 out of 41 neighbourhoods in Red Deer for days-on-market speed. That is top 10%. Buyers are not sitting on their hands here.

Condos - A Different Story

The condo side of Oriole Park is a different conversation. The average HonestDoor Price for condos is $1,555,839 - up 1.31% from the previous period. Rental potential is strong at an estimated $5,206 per month. But the predicted market value of $1,535,664 is actually dipping slightly below the 3-month moving average of $1,569,367, and recent value change sits at -0.44%.

• Average HonestDoor Price (condos): $1,555,839 (up 1.31%)
• Predicted market value: $1,535,664
• 3-month moving average: $1,569,367
• Estimated monthly rent: $5,138
• Rental yield: 2.88%
• Recent value change: -0.44%

The condo segment is taking a bit of a breather. Growth ranks 28 out of 71 comparable neighbourhoods in Red Deer - above average, but the short-term trend is softening. If you own a condo here, it is worth watching the next 60 days closely.

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

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 Oriole Park jumped 6.9% last month. It does not know buyers are paying over asking. It is essentially a photo of a market that has already moved on.

The HonestDoor Price is updated in real time. For houses in Oriole Park, that number is $431,173. For condos, it is $1,555,839. These figures reflect what is actually happening on the ground right now - not what was happening when a government assessor last ran the numbers.

If you are a homeowner here and you are still thinking about your property value based on your last tax notice, you are likely working with outdated information. The HonestDoor Price is the real-world check. Use it.

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

If you own a house in Oriole Park and selling has crossed your mind, the conditions right now are about as good as it gets in this market. Buyers are active, they are paying over list, and homes are gone in two weeks. That is the window you want to be in.

• Houses are selling above asking - 101.44% of list price
• 14-day average sale time means less carrying cost and less stress
• Predicted value of $440,133 is trending upward
• Rental yield of 5.74% makes this attractive to investor buyers too - which adds to your buyer pool
• 59 total property transactions in Oriole Park in 2026 - and we rank 2nd in all of Red Deer for transaction volume

That transaction rank is worth repeating. Out of every neighbourhood in Red Deer, Oriole Park ranks 2nd for total deals done. This is not a quiet corner of the city. People want to be here.

For condo owners, the honest advice is to wait and watch. The market is above average but the short-term trend is softening. If you need to sell, price it sharp. If you can hold, give it a quarter and see where the numbers land.

Bottom line - check your HonestDoor Price today. It takes 30 seconds and it will tell you more about what your home is worth right now than any document sitting in your filing cabinet.

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.