For sale31$425,000
123 Metcalf Avenue
4 bed3 bath1,335 sq ft
HouseMLS® A2343420
Alberta · Local guide
Red Deer Real Estate
Red Deer is central Alberta's largest city, positioned midway between Calgary and Edmonton on the QEII Highway and the Red Deer River. A regional service and retail centre, it offers a broad, attainable market from riverside neighbourhoods to newer suburban development.
On the market now
View all 392 →Current Red Deer listings
For sale31
Market snapshot
The Red Deer market right now
Red Deer currently has 392 active listings. Most homes for sale are priced between $151K and $694K, with a median around $393K. Detached houses make up the largest share of the market.
- 392
- Active listings
- 392
- For sale
- $393K
- Median list price
- $151K–$694K
- Typical range
- $333
- Median price / sq ft
- 36
- Median days listed
- 38
- New in last 7 days
- 1999
- Median year built
Red Deer prices by bedrooms
| Bedrooms | Active listings | Median asking price |
|---|---|---|
| 1 | 19 | $185K |
| 2 | 67 | $225K |
| 3 | 112 | $382K |
| 4+ | 174 | $520K |
Figures reflect current active MLS® listings and update as the market moves.
Search by property type
Homes for sale in Red Deer
Red Deer Homes for Sale
Browse Red Deer homes on the live MLS® feed, filterable by price and more.
Browse →Red Deer Condos for Sale
Browse Red Deer condos on the live MLS® feed, filterable by price and more.
Browse →Red Deer Townhomes for Sale
Browse Red Deer townhomes on the live MLS® feed, filterable by price and more.
Browse →Red Deer Houses for Sale
Browse Red Deer houses on the live MLS® feed, filterable by price and more.
Browse →Buying a home in Red Deer
In Alberta, ask the seller for a current Real Property Report (RPR) with the municipality's compliance stamp — it confirms the house, garage and fences sit where they should. A home inspection and a review of the title for caveats round out the standard conditions.
Alberta has no land transfer tax — buyers pay land titles registration fees instead, which makes closing costs noticeably lower than in BC or Ontario. See our BC & Alberta closing costs checklist.
Common questions
Buying in Red Deer
If yours isn't here, ask us directly — we'd rather answer it now.
How much does a home cost in Red Deer?
The median asking price for homes currently for sale in Red Deer is about $393,000, and most are listed between $151,000 and $694,000. These figures come from active MLS® listings and move with the market.
How many homes are for sale in Red Deer right now?
There are 392 active listings on this page's search, 38 of them new in the last 7 days. Listings are updated continuously from the MLS®.
How much is a 3-bedroom home in Red Deer?
Median asking prices by bedroom count in Red Deer right now — 1 bedroom: about $185,000; 2 bedrooms: about $225,000; 3 bedrooms: about $382,000; 4+ bedrooms: about $520,000. Based on 372 active listings.
What is the price per square foot for homes in Red Deer?
The median asking price per square foot of living area is about $333 across homes currently listed in Red Deer. Location, age and building type move this a lot, so compare within a neighbourhood.
How long have homes in Red Deer been on the market?
The typical active listing here first came on the market about 36 days ago. That's days listed so far, not time to sell, but a long figure usually signals more room to negotiate.
Can non-Canadians buy a home in Red Deer?
Generally not right now. Since January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act has barred most non-Canadians from buying residential property, with exceptions such as permanent residents and some work-permit holders. The ban has been extended before, so confirm its current status and get legal advice on your situation.
Ready to see Red Deer in person?
Tell us your timeline and budget and we'll line up viewings that actually fit.