Houses Sold in Lancaster Meadows — What Buyers Paid
See recently sold MLS® listings in Lancaster Meadows. Browse sold prices and find out how much homes actually sell for.
Homes sold in the last 30 days
2
Typical sale price
$432,500
Average time to sell
17 days
Finding accurate comps for Lancaster Meadows is essential whether you're buying or selling. Our MLS® past sales data shows you exactly what homes sold for — giving you the comparable sales you need to price correctly.
View property values in Lancaster Meadows, see the average home price for 2026, and understand what drives market value in this area. This is the MLS® sold real estate data that smart buyers and sellers use.
Lancaster Meadows Sold Data Overview
Over the past 2 years, 42 homes have sold in Lancaster Meadows, Red Deer, with a median sold price of $423K. Sale prices have ranged from $341K to $870K. The typical home sells in 14 days, indicating a fast-paced seller's market. Homes are selling at 98.8% of their list price — very close to asking price. Median property taxes in the area run approximately $3,608 annually. The most common property types sold include Detached Single Family (36), Half Duplex (6).
Recently Sold in Lancaster Meadows
2 homes sold in the last 30 days. Showing 2 of 2 • Updated May 27, 2026 at 11:05 AM
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Lancaster Meadows Market Insights
See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.
$422,500
Avg: $431,629
Range: $340,500 – $870,000
98.8%
Homes selling near asking
18 days
$352
42 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
(23 months)Negotiation & Cost Insights
Sold Above Asking
14%
71% sold below
Median Property Tax
$3,608/yr
Avg: $3,711
Home Size Range
895 – 2,124
sq ft
Price Spread
±$82,127
standard deviation
42
Homes sold (last 2 years)
4
Currently for sale
2.0
Months of Inventory (MOI)
50.0%
Absorption Rate (30d)
4
New in May 2026
2 vs 1
Sold count (last 30 vs prior 30): +100.0%
Median price: $432,500 vs $420,000 (+3.0%)
How does Lancaster Meadows compare to Red Deer?
Lancaster Meadows typical sale price
$432,500
2 sold in last 30 days
Red Deer typical sale price
$388,000
164 sold in last 30 days
Neighbourhood Guide: Lancaster Meadows, Red Deer
Neighbourhood Overview
Lancaster Meadows is a vibrant, family-friendly neighbourhood in Red Deer, Alberta. Known for its ample green spaces, peaceful residential streets, and exceptional access to schools, this community is highly sought after by growing families, professionals, and retirees. With an engaging local atmosphere and premier amenities nearby, homes here typically spend 18 days on the market.
Location
Situated in the southern sector of Red Deer, Lancaster Meadows is bordered by desirable communities such as Laredo, Lonsdale, and Lancaster Green. The neighbourhood provides a quiet suburban retreat that is conveniently positioned near major transportation routes, allowing for a relatively quick and straightforward commute into the city's downtown core.
Housing Character
The real estate landscape in Lancaster Meadows is defined predominantly by single-family detached homes built after the year 2000, complemented by a selection of modern townhomes and condominiums. The neighbourhood features a calm ambiance with a high rate of homeownership. The community offers mid-range price positioning with an average sold price of $431,629 and homes often achieving a 98.8% sale-to-list ratio.
Schools & Education
Education is a central pillar of the community, making it a major draw for families. Lancaster Meadows is uniquely positioned near two prominent secondary institutions: Hunting Hills High School and École Secondaire Notre Dame High School. Younger students also benefit from excellent nearby public and Catholic options, including Lancaster School, Mattie McCullough Elementary, and St. Francis of Assisi Middle School.
Transit & Access
Driving is the most practical transportation method in Lancaster Meadows, with easy access to main roads and ample residential parking. While public transit is available via local bus lines with stops dotted throughout the area, the neighbourhood is also highly accommodating to cyclists. The flat terrain and well-maintained cycling infrastructure make biking an excellent option for local travel in the warmer months.
Shopping & Dining
While preserving its quiet residential feel, Lancaster Meadows provides convenient access to everyday essentials. Residents can take a short drive to nearby commercial plazas, particularly in the adjoining Lancaster Green area, which hosts grocery stores, cozy cafes, and a variety of casual dining restaurants.
Parks & Recreation
Outdoor recreation is a major highlight for the neighbourhood. Lancaster Meadows Park acts as the community's central outdoor hub, offering playgrounds, sports fields, and paved walking trails. Furthermore, residents live right next door to the Collicutt Centre, Red Deer's premier leisure and wellness facility, featuring a large indoor pool, waterslides, and comprehensive fitness amenities.
Lifestyle & Community
Life in Lancaster Meadows is active, engaging, and deeply rooted in community spirit. A dedicated local community association frequently organizes neighborhood events, from summer barbecues to holiday celebrations, fostering a strong sense of belonging among neighbours. The blend of excellent recreational facilities and peaceful green spaces creates an ideal setting for a balanced, family-oriented lifestyle.
Explore nearby neighbourhoods
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View active listings in Lancaster Meadows, Red Deer
4 active MLS® listings · $654,913 median. See what's on the market today.
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 May 27, 2026 at 12:00 pm (America/Edmonton)
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