Houses Sold in Downtown Red Deer — What Buyers Paid
Track the market value of homes in Downtown Red Deer. See sold history and average home prices for 2026.
Homes sold in the last 30 days
4
Typical sale price
$292,500
Average time to sell
34 days
Searching for recently sold homes in Downtown Red Deer? See exactly what buyers paid for properties in this Red Deer neighbourhood. Our MLS® sold listings show final sale prices, not just asking prices.
Browse houses sold in Downtown Red Deer, track condos sold, and discover how your home compares. Use real comparable sales from your own neighbourhood to understand your home's true market value.
Downtown Red Deer Sold Data Overview
Over the past 2 years, 145 homes have sold in Downtown Red Deer, Red Deer, with a median sold price of $232K. Sale prices have ranged from $72K to $2.10M. The typical home sells in 28 days, showing a balanced market. Homes are selling at 97.3% of their list price — below asking price on average. Median property taxes in the area run approximately $1,931 annually. The most common property types sold include Lowrise Apartment (127), Detached Single Family (16), Duplex (1).
Recently Sold in Downtown Red Deer
4 homes sold in the last 30 days. Showing 4 of 4 • Updated April 10, 2026 at 6:53 PM
View all 145 on the map
Create a free account to unlock the sold price, address, and sold date.
Unlock to see full address
Create a free account to unlock the sold price, address, and sold date.
Unlock to see full address
Create a free account to unlock the sold price, address, and sold date.
Unlock to see full address
Create a free account to unlock the sold price, address, and sold date.
Unlock to see full address
What's Happening in Downtown Red Deer Real Estate
See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.
$232,000
Avg: $252,196
Range: $71,500 – $2,100,000
97.3%
Room for negotiation
37 days
$241
145 homes sold
Click a property type to view its trends in the chart below:
All Property Types
(click to filter chart)2-Year Market Trends: All Property Types
(25 months)Negotiation & Cost Insights
Sold Above Asking
11%
79% sold below
Median Property Tax
$1,931/yr
Avg: $2,133
Home Size Range
371 – 11,965
sq ft
Price Spread
±$212,015
standard deviation
Condo carrying costsn=127 condo sales (last 2y)
Median maintenance fee
$557/mo
Avg: $565/mo
Median maintenance fee per sqft
$0.67/sqft
Avg: $0.66/sqft
145
Homes sold (last 2 years)
37
Currently for sale
9.3
Months of Inventory (MOI)
10.8%
Absorption Rate (30d)
2
New in April 2026
4 vs 3
Sold count (last 30 vs prior 30): +33.3%
Median price: $292,500 vs $249,900 (+17.0%)
How does Downtown Red Deer compare to Red Deer?
Downtown Red Deer typical sale price
$292,500
4 sold in last 30 days
Red Deer typical sale price
$382,500
147 sold in last 30 days
Neighbourhood Guide: Downtown Red Deer, Red Deer
Neighbourhood Overview
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 of $252,196, making it an attractive option for first-time buyers and investors.
Location
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.
Housing Character
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 $259,086 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.
Schools & Education
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.
Transit & Access
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.
Shopping & Dining
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.
Parks & Recreation
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.
Lifestyle & Community
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 of $232,000 and homes selling in an average of 37 days, the neighbourhood provides a bustling, accessible urban experience at an excellent value.
Explore nearby neighbourhoods
Compare nearby sold markets around Downtown Red Deer.
More neighbourhoods in Red Deer
Browse recently sold homes by neighbourhood.
Frequently Asked Questions
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 11, 2026 at 10:00 pm (America/Edmonton)
Sign up to see what homes actually sold for
Create a free account to see final sale prices, days on market, and price history for recently sold homes in Downtown Red Deer.
- See final sold prices, not just asking prices
- Compare your home to recent sales nearby
- Track market trends in your neighbourhood