Red Deer Housing Market

Housing Market Report for October 2026

Avg Price

$411,401

▼ -8.8% YoY

Median Price

$435,000

▲ +4.2% YoY

Homes Sold

9

▼ -94.7% YoY

New Listings

2

▼ -98.6% YoY

Active Listings

354

▲ +1120.7% YoY

Avg Days on Market

59

▲ +9.3% YoY

The Red Deer housing market recorded an average home price of $411,401 in October 2026, which decreased 8.8% compared to the same period last year. A total of 9 homes were sold with 354 active listings currently on the market.

Red Deer Home Prices

Inventory levels and sales activity reveal how competitive the Red Deer market is right now. The chart below shows new listings entering the market each month alongside the number of homes sold and the total active inventory available to buyers.

Red Deer Housing Inventory

Average Price by Bedrooms

Based on homes sold in the last 12 months

Bedrooms Avg Price Median Price Homes Sold
1 Bd $198,724 $197,450 48
2 Bd $259,681 $257,000 231
3 Bd $386,772 $374,900 433
4 Bd $498,330 $449,900 501
5 Bd $538,622 $484,900 216
6 Bd $560,936 $510,000 43

Price Trends by Property Type

About Red Deer Housing Market

The Red Deer, AB housing market saw 9 homes sold in October 2026 with 2 new listings added to the market. The average sale price decreased 8.8% year-over-year to $411,401, while the median sat at $435,000. Homes in Red Deer sell after an average of 59 days on the market. There are currently 354 active listings available for buyers to consider.