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.
Are Red Deer Home Prices Still Rising?
Yes — and we’ve just gone through a generally less active month of the year, August.
As of Aug 2025, the overall 6-month running average home price in Red Deer sits at $406,154, up 0.62% from July and 6.48% higher year-over-year. Almost every month over the last year has seen price increases.
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.
🏡 Detached Homes Lead the Gains
Detached homes remain the biggest driver of the market again in August, with the 6-month running average price hitting $494,397 — and that’s up 8.36% since the same month last year.
- Up 0.66% from July
- Up 8.36% from Aug 2024
Semi-detached and townhomes (grouped under “Attached”) also saw an increase to $272,768, rising 0.82% month-over-month and 3.16% year-over-year.
🏠 Momentum Continues, but Moderates
6-month averages show continued upward momentum:
- Overall: $406,154 up
- Detached: $494,397
- Attached: $272,768
These rolling averages confirm sustained growth, though the sharp spring price hikes are stabilising. For instance, the detached category saw a massive spike in March 2025 at $523,798, likely reflecting peak demand before levelling out slightly.
🏘️ What to Expect Next?
If trends hold, Red Deer’s housing market may remain stable or climb modestly through the fall, supported by tight inventory and steady demand. Buyers may face fewer bidding wars than earlier in the year, but sellers are still benefiting from strong property values.
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.
