Redwater Real Estate

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

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  2. Alberta
  3. Redwater Real Estate

Home Prices in Redwater

The asking price of homes for sale in Redwater has decreased -47.69% since November last year, while the number of homes for sale has decreased -24.14%. See more Redwater Home Prices & Values.

Median Asking Price
9 Houses
Median Asking Price
1 Townhouses
Median Asking Price
0 Condos

Find Real Estate & MLS® Listings in Redwater

Zolo has the most detailed, up-to-date set of Redwater real estate listings. Currently, Redwater has 9 homes for sale, including 9 houses, 0 condos, and 1 townhouses on the market. The average sold price for all home types in Redwater is $113K, which is % the same as November 2019. See our Redwater housing market 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 Redwater neighbourhoods, the highest-rated 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 Redwater is updated every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our Redwater real estate agents to get started on landing your dream home today.

Redwater City Guide

Population Growth

Located in Alberta, the city of Redwater has a population of 1,915. The -13% population growth for this city is below average when compared to other Canadian cities.

There are 49% of immigrants in in Redwater, 0.55% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 2% of residents reporting it as their mother tongue.

Redwater offers good employment opportunities with an unemployment rate that sits near %, which is below average when compared to other cities. Approximately -% of residents hold a university degree.

According to Statistics Canada -% of Redwater residents drive. About -% of residents that are already established within the city will move within a year, while -% will move within five years.

Redwater's population is lower than average when it comes to homeownership, with -% owning a home and % renting.

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

Nearby Cities

A considerable amount of expectant homeowners opt homes for sale in neighbourhoods that are further from Redwater's downtown core. Suburban neighbourhoods usually offer larger homes on larger lots. For even more options, consider commuting into Redwater's core from a nearby city, such as Rural Lamont County, , and . Even neighbouring cities that require a bit of a longer commute, such as , , and , are good options as they provide excellent housing options, often at more economical prices.

(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1St. Albert 10%9%$408K237
2Bon Accord 13%0%$50K12
3Devon 8%12%$317K41
4Sherwood Park 8%8%$429K204
5Fort Saskatchewan 4%12%$380K149


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

Secondary Schools

7.2 Redwater

FAQs About Redwater Real Estate

According to current Redwater MLS© statistics, the average home listing price in Redwater, AB is $160,000. Based on Redwater housing inventory, the average home is listed on the market for 39 days and has a 95% selling to listing price ratio.

Based on current Redwater MLS© data, the average detached house in Redwater, AB has a listing price of $264,000. In Redwater, detached houses are on the market for 39 days on average.

In Redwater, AB, the most expensive neighbourhoods to buy a home include Redwater. Redwater is the most expensive neighbourhood in Redwater with an average home price of $160,000.

The cheapest neighbourhoods to buy a home in Redwater include Redwater and Redwater. Redwater is the most affordable neighbourhood in Redwater with an average home price of $160,000.

The closest cities to Redwater, AB include Rural Thorhild County, Thorhild, Bruderheim and Gibbons. Out of the nearby Redwater cities, Gibbons has the highest average home price of $238,000 and Thorhild has the most affordable average home price of $130,000.

The average townhouse in Redwater has an average listing price of $99,000, which represents a -23.8% change in price from last year. There are currently 1 townhouses for sale in Redwater, AB.

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.