Browse MLS® listings in Downtown Red Deer, a Red Deer neighbourhood.
Active listings
37
Median list price
$168,000
Avg list price
$221,396
Showing 12 of 37 active MLS® listings
$229,000
4614 47A Avenue, Red Deer
Single Level Apartment · 2 bed · 1 bath · 703 sqft
$229,000
4614 47A Avenue, Red Deer
Single Level Apartment · 2 bed · 1 bath · 703.33 sqft
$239,900
4512 52 Avenue, Red Deer
Single Level Apartment · 1 bed · 1 bath · 721 sqft
$615,000
4540 52 Street, Red Deer
Detached Single Family · 3 bed · 3 bath · 1,860 sqft
$615,000
4540 52 Street, Red Deer
3 Storey · 3 bed · 3 bath · 1,859.87 sqft
$239,900
4610 50 Street, Red Deer
Detached Single Family · 3 bed · 2 bath · 1,475 sqft
$168,000
5326 47 Avenue, Red Deer
Single Level Apartment · 2 bed · 2 bath · 1,012 sqft
$459,900
5116 52 Street, Red Deer
Commercial Mix · 1,996 sqft
$211,000
4522 47A Avenue, Red Deer
Single Level Apartment · 2 bed · 2 bath · 933 sqft
$211,000
4522 47A Avenue, Red Deer
Single Level Apartment · 2 bed · 2 bath · 933 sqft
$158,900
5330 47 Avenue, Red Deer
Single Level Apartment · 1 bed · 1 bath · 646 sqft
$158,900
5330 47 Avenue, Red Deer
Single Level Apartment · 1 bed · 1 bath · 645.85 sqft
Downtown Red Deer is the vibrant urban core of the city, offering a mix of cultural attractions, local businesses, and accessible amenities. It appeals to those seeking an active, walkable lifestyle with the convenience of city living at an affordable price point. The market here currently sees an average sold price, making it an attractive option for first-time buyers and investors.
Situated centrally along the eastern bank of the Red Deer River, Downtown is bounded roughly by Taylor Drive to the west and Waskasoo Creek to the east, with Ross Street acting as the main east-west corridor. Its central position provides excellent connectivity to the rest of the city and direct access to the extensive Waskasoo Park trail system.
The real estate landscape in Downtown Red Deer is dominated by apartment-style condominiums, ranging from older, established low-rises to modern urban suites. With an average list price of $221,396 and 37 active listings, the area provides a highly affordable entry point into the market for young professionals, students, and downsizers seeking a low-maintenance lifestyle.
While the downtown core is highly commercial, residents have excellent access to schools within the Red Deer Public and Catholic school districts. Central Middle School and Gateway Christian School are situated nearby, providing strong educational options for families who choose urban living.
Sorensen Station, Red Deer's primary transit terminal, is conveniently located right in the heart of downtown. This central hub provides extensive and frequent bus routes connecting residents to all quadrants of the city, making it highly convenient to navigate Red Deer without a personal vehicle.
Downtown Red Deer is the city's premier destination for independent shopping and local dining. Historic Little Gaetz Avenue and the Ross Street area are bustling with boutique shops, artisanal cafes, craft breweries, and diverse restaurants, creating a lively pedestrian-friendly atmosphere.
Residents have immediate access to stunning green spaces like Coronation Park, known for its mature trees and historical significance, as well as the expansive Waskasoo Park network featuring paved trails alongside the Red Deer River. Nearby Rotary Recreation Park offers additional amenities, including the Red Deer Museum and Art Gallery.
The lifestyle in Downtown Red Deer is dynamic and community-focused. During warmer months, the Ross Street Patio hosts live music and community events, fostering a strong local culture. With a median sold price and homes selling in an average, the neighbourhood provides a bustling, accessible urban experience at an excellent value.
See recent sold prices in Downtown Red Deer, Red Deer
Browse MLS® sold prices to understand the market before you buy.
Website provided by Kelly Grant
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.
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).
Listing information last updated on April 25, 2026 at 6:00 pm (America/Edmonton)