Executive Summary

The Red Deer County, Alberta real estate market is currently classified as a balanced market. The median asking price is $2.5M.

There are currently 1 active listings.

Currently, listings spend an average of 26 days on market and the average price per square foot is $6.

Sales Activity & Absorption

Volume

Active

Avg DOM

New (30d)

New (7d)

Market Signals

Price Cuts (30d)

New (7d)

Price Cuts

New (7d)

1 new listings appeared in the past month.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%

Prime Rate4.45%

Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $2.5M, 20% down, 25yr amortization

$11,634/mo

at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

The market is relatively balanced between buyers and sellers. The Red Deer County market currently has 1 active listings with a median price of $2.5M.

Low price reduction rate (0% of listings)
Average price per square foot is $6

For Buyers

The Red Deer County market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes.

Search Red Deer County

Browse all 1 active listings.

View All Listings

Resources

Explore Red Deer County

Homes for Sale in Red Deer County1 active listings Cost of Living in Red Deer CountyHousing, rent & expenses

Market data is calculated from active and recently sold MLS listings as of March 10, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.