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Red Deer Market Report

$545,845

AVERAGE PRICE OF 411 HOMES

$2,392,133

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$604,657

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$209,900

AVERAGE PRICE OF 1 HOMES WITH A POOL

$410,322

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price	$545,845
Avg Bedrooms	2.81 beds
Avg Bathrooms	2.08 baths

Average Price by Bedrooms

1 bedroom	$199,433
2 bedrooms	$252,639
3 bedrooms	$435,673
4 bedrooms	$533,192
5 bedrooms	$625,462

Red Deer Home Price Trends

	6/2025	5/2025	4/2025	3/2025	2/2025
Total Listings	376	352	330	290	264
Average Price	$556,517	$526,276	$538,151	$615,475	$634,282
Avg Price Change	+5.75%	-2.26%	-14.37%	-3.06%	-8.15%
Median Price	$416,812	$417,847	$417,283	$447,507	$454,084
Med Price Change	-0.25%	+0.14%	-7.24%	-1.47%	-1.60%
Avg Bedrooms	2.71 beds	2.76 beds	2.69 beds	2.53 beds	2.49 beds
Avg Bathrooms	2.04 baths	2.07 baths	2.05 baths	1.95 baths	1.92 baths

	Total Homes	Average Price	Avg Days on Site
All Homes	411	$545,845	51 days
Multi-Million Dollar Homes	27	$2,392,133	118 days
Newly Built Homes	26	$604,657	58 days
Homes with a Pool	1	$209,900	39 days
Reduced Price Homes	22	$410,322	54 days

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license." Last updated July 13, 2025 9 PM CST