Recently Sold Homes in Laredo, Red Deer
Find comparable sales in Laredo. Use MLS® past sales data and comps to understand property values.
Homes sold in the last 30 days
3
Typical sale price
$466,000
Average time to sell
47 days
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Laredo Sold Data Overview
Over the past 2 years, 62 homes have sold in Laredo, Red Deer, with a median sold price of $612K. Sale prices have ranged from $405K to $1.25M. The typical home sells in 32 days, suggesting buyers have time to negotiate. Homes are selling at 98.6% of their list price — very close to asking price. Median property taxes in the area run approximately $5,034 annually. The most common property types sold include Detached Single Family (61), Half Duplex (1).
Recently Sold in Laredo
3 homes sold in the last 30 days. Showing 3 of 3 • Updated May 27, 2026 at 9:38 AM
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Understanding the Laredo Market
See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.
$611,500
Avg: $639,811
Range: $405,000 – $1,250,000
98.6%
Homes selling near asking
46 days
$372
62 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
(24 months)Negotiation & Cost Insights
Sold Above Asking
16%
74% sold below
Median Property Tax
$5,034/yr
Avg: $7,041
Home Size Range
989 – 3,492
sq ft
Price Spread
±$168,780
standard deviation
62
Homes sold (last 2 years)
24
Currently for sale
8.0
Months of Inventory (MOI)
12.5%
Absorption Rate (30d)
9
New in May 2026
3 vs 0
Sold count (last 30 vs prior 30): 0.0%
Median price: $466,000 vs $0 (0.0%)
How does Laredo compare to Red Deer?
Laredo typical sale price
$466,000
3 sold in last 30 days
Red Deer typical sale price
$388,000
164 sold in last 30 days
Neighbourhood Guide: Laredo, Red Deer
Neighbourhood Overview
Laredo is a thoughtfully designed, newer master-planned community encompassing 145 acres in Red Deer. Known for its rural-inspired charm and relaxed prairie setting, it offers a peaceful, family-oriented atmosphere away from the city's busy core.
Location
Situated on the scenic southeast side of Red Deer, Laredo borders established neighbourhoods like Lancaster and Vanier Woods. The community enjoys a quiet edge-of-city feel while remaining within a short drive of essential municipal amenities.
Housing Character
The real estate landscape is defined by premium, cohesive architectural standards featuring prairie-inspired designs. The majority of the housing stock consists of single-family detached homes built after 2015, predominantly offering three or more bedrooms. The neighbourhood reflects a premium market positioning, with properties seeing an average list price of $648,842 and a median sold price of $611,500.
Schools & Education
Families in Laredo benefit from convenient access to nearby educational facilities in adjacent communities. The neighbourhood is situated within a short distance to École Secondaire Notre Dame High School, along with several other primary and secondary schools just a quick stroll or drive away.
Transit & Access
While Laredo is primarily a car-dependent neighbourhood, it is serviced by local bus routes connecting residents to the broader Red Deer transit network. The area's relatively flat terrain and extensive multi-use trail system also make cycling a viable option for local commuting.
Shopping & Dining
Though Laredo is a quiet residential enclave, it is located just minutes from the East Hill Shopping Centre. Residents have quick and easy access to a variety of grocery stores, health services, banks, cafes, and restaurants situated in neighboring commercial districts.
Parks & Recreation
Outdoor living is a focal point, featuring an extensive naturalized linear park system, open green spaces, and nature trails that seamlessly connect to the AltaLink and Waskasoo Trail networks. The community is also just a short drive from the Collicutt Centre, which offers a pool, climbing wall, and diverse fitness facilities.
Lifestyle & Community
Laredo provides a tranquil, family-oriented lifestyle that beautifully balances rural charm with modern comforts. The calm ambiance and low street noise appeal to buyers looking for a relaxing retreat, where homes currently spend 46 days on the market and boast a strong sale-to-list ratio of 98.6%.
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Browse Laredo real estate
24 active MLS® listings · $499,900 median. See what's on the market today.
Frequently Asked Questions
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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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