Red Lake Real Estate

Refine your Red Lake real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Red Lake.

26 homes for sale in Red Lake, ON.

Showing results 1 — 26 of 26
  1. Canada
  2. Ontario
  3. RED LAKE Real Estate

Home Prices in Red Lake

The asking price of homes for sale in Red Lake has decreased 48.17% since July last year, while the number of homes for sale has increased 68.75%. See more Red Lake Home Prices & Values.

House
Median Asking Price
$249K
11 Houses
Townhouse
Median Asking Price
$0
0 Townhouses
Condo
Median Asking Price
$0
0 Condos

Find Real Estate & MLS® Listings in Red Lake

Zolo has the most detailed, up-to-date set of Red Lake real estate listings. Right now, Red Lake has 0 homes for sale, including 11 houses, 0 condos, and 0 townhouses listed for sale. The average sold price for all home types in Red Lake is $80K, which is 0% the same as July 2025. See our Red Lake average house price stats for a more detailed analysis on average home prices, housing inventory, and days on market.

With Zolo you'll be able to find the hottest Red Lake neighbourhoods, the top schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Red Lake is added every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our Red Lake real estate agents to get started on landing your dream home today.

Red Lake City Guide

4K
Population
-3.5%
Population Growth
5%
Unemployment

Located in Ontario, the city of Red Lake has a population of 4,366. The -3.5% population growth for this city is - when compared to other Canadian cities.

There are 8.94% of immigrants in in Red Lake, 2.69% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 4% of residents reporting it as their mother tongue. The largest cultural community within Red Lake is English at 30%, followed by Canadian at 23% and German at 23%.

Red Lake offers good employment opportunities with an unemployment rate that sits near 5%, which is - when compared to other cities. Approximately 54% of residents hold a university degree. Residents can expect good quality of life in Red Lake based upon a - median family income of $97,593.

According to Statistics Canada 85% of Red Lake residents drive. About 12% of residents that are already established within the city will move within a year, while 38% will move within five years.

Red Lake's population is average when it comes to homeownership, with 75% owning a home and 25% renting. The median monthly mortgage cost is estimated to be about $1,041, which is - when compared to renters in other Canadian cities.

In the Canadian real estate context, Red Lake is a good place to establish a foothold in the real estate market.

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Red Lake’s demographics, including median age, schools and income, using census information from Statistics Canada.

25%
Rent
75%
Own
$833
Monthly Rent (Median)
$1,041
Monthly Mortgage (Median)
1,335
Total Families
$97,593
Family Income (Median)
38
Age (Median)
54%
College Educated

Schools

For those interested in buying Canadian real estate in order to raise a family, take heart: Red Lake is home to top-rated elementary and secondary schools. To help you narrow down your Red Lake housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Elementary Schools

n/a Red Lake Madsen

Secondary Schools

5.4 Red Lake

Commuters

According to Statistics Canada, residents in Red Lake use a variety of ways to get around.

85%
Drive
0%
Transit
1%
Bike
14%
Walk

FAQs About RED LAKE Real Estate

According to current Red Lake MLS© statistics, the average home listing price in Red Lake, ON is $167,000. Based on Red Lake housing inventory, the average home is listed on the market for 29 days and has a 86.5% selling to listing price ratio.

Based on current Red Lake MLS© data, the average detached house in Red Lake, ON has a listing price of $262,000. In Red Lake, detached houses are on the market for 40 days on average.

According to Statistics Canada Census data, the median total household income in Red Lake is $97,593 per year, which is above the national median income of $67,000 per year.

red-lake
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association nor Zolo. The information provided on this page, including the Affordability, Afford Score™, and Affordability Coach, are provided for informational purposes only and should not be used or construed as financial or investment advice by any individual. No representations or warranties, express or implied, are made by Zolo or its affiliates as to the accuracy or completeness of the information on this page.