​Red Deer, Alberta, is a dynamic city that seamlessly blends urban amenities with natural beauty, making it an attractive destination for prospective homeowners.​

Population Growth: As of July 1, 2024, Red Deer's population was 112,917, reflecting its status as Alberta's third-largest city. ​

Real Estate Market Trends: The housing market in Red Deer has shown resilience and growth. In February 2025, the average home price increased by 17% year-over-year to $398,215, accompanied by an 18% rise in sales. The months of supply dropped to 1.32, indicating a competitive market. However, in September 2024, the average sale price was $357,570, down from $384,758 in August and a peak of $400,990 in May. ​

Income and Housing Affordability: The median household income in Red Deer is $85,000, with a median after-tax income of $75,000. This income level supports housing affordability, as the average home price remains accessible compared to larger Alberta cities.​

Community Amenities: Red Deer offers a wealth of recreational facilities, including the Recreation Centre, which features indoor and outdoor pools, a whirlpool, sauna, steam room, and fitness areas. The city also boasts numerous parks, trails, and cultural venues, enhancing residents' quality of life.​

Educational Facilities: The city is home to Red Deer Polytechnic, providing a range of programs and state-of-the-art sports and fitness facilities. Additionally, Red Deer hosts several public and Catholic schools, offering comprehensive education options for families.​

With its growing population, evolving real estate market, and diverse amenities, Red Deer presents a compelling opportunity for individuals and families seeking a balanced and vibrant lifestyle.