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Active, residential real estate prices in Red Deer had an average listing price of $450000. Currently the most expensive listing in the area is $450000, while the lowest priced property can be purchased for only $450000. An excellent way to compare real estate prices is by using price per square foot of living space. Red Deer has a current average price of $460 per square foot. This is for homes that are averaging 3.0 beds, 2.5 bathrooms and 979 sqft. Click on area links below for areas stats, area news and active real estate for sale.