Home prices in Red Deer using the monthly average and the 12-month running average
I update this page each month with a 13-month table and a 36-month graph so you can see how home prices are changing.
I share the average home price in Red Deer each month based on homes sold the previous month. This includes all types of homes—semi-detached, townhomes, apartments, and detached homes. I also track the prices of detached homes separately.
I post the 6-month running average for both overall and detached homes, along with the monthly averages. At the end of the article, I give my thoughts on what’s happening in the Red Deer housing market.
I also track home prices in other Central Alberta communities. For more information or local real estate updates, please call or text (403) 350-7672 or email hello@blakeking.ca.
Red Deer Home Prices – Updated Market Trend Analysis
When tracking home prices in Red Deer, monthly averages can be misleading. A small number of higher-end sales in any given month can artificially inflate the numbers. For that reason, the 6-month running average is the most reliable way to gauge true market direction, and that is the metric we rely on most heavily.
The table below displays the average prices for detached homes and all homes in Red Deer. It provides both the month-to-month average and the 12-month running average for each category. The data covers the past 13 months, allowing you to compare the most recent averages with those from the same month one year ago.
Overall Residential Prices
The overall 6-month average price now sits at $408,994, up 0.53% month-over-month and 8.94% higher than one year ago. This confirms a continued upward trend in prices, but at a measured and sustainable pace rather than a sharp spike.
While the December monthly average jumped to $414,858, the 6-month average shows that prices have been steadily climbing throughout 2025, not just reacting to one strong month.
Detached Homes
Detached homes remain the primary driver of price growth in the market. The 6-month average for detached homes is now $481,224, essentially flat month-over-month (-0.29%) but still up 7.05% year-over-year.
This tells us two important things:
- Prices have already moved up significantly and are now consolidating at higher levels
- The market is not cooling, but rather stabilising after strong gains earlier in the year
The 12-month average for detached homes continues to rise, reinforcing that the long-term trend remains firmly upward.
Attached Homes
Attached properties (townhomes, apartments, and duplexes) continue to show the strongest price growth.
The 6-month average for attached homes increased to $286,029, up 1.87% month-over-month and 10.80% higher than a year ago. This category has shown the most consistent upward momentum throughout 2025.
Affordability pressures, low inventory, and strong demand from first-time buyers and investors are keeping attached prices moving higher at a faster rate than detached homes.
Key Takeaways
- The 6-month averages across all property types continue to trend upward
- Price growth is steady, not volatile, which is a sign of a healthy market
- Attached homes are experiencing the fastest appreciation
- Detached prices have stabilised at higher levels after earlier gains
- Waiting for prices to come down has not been a successful strategy over the past year
For buyers, this reinforces the importance of having a proactive plan, especially in a market where inventory remains limited. For sellers, it confirms that prices are being supported by sustained demand rather than short-term spikes.
As always, Red Deer behaves differently than larger cities and national headlines. Tracking local data — and especially longer-term averages — is critical to understanding what’s actually happening in our market.
Don’t limit your search—call us today at (403) 350-7672 and let us help you find your dream home before anyone else sees it! 📞🏡
Red Deer real estate Broker Blake King hosts iOnRealEstate.ca, a site that helps people in Central Alberta stay updated on the local real estate market. More information helps buyers and sellers make better decisions, and that’s important when it comes to an asset as valuable as your home. If you have any questions, call Blake King at (403) 350-7672.
