Townhomes for Sale in Red Deer, AB

Townhouses for sale in Red Deer present a noteworthy segment of the housing market, representing 11.14% of listings. With an average price of $254,324 on the MLS®, these properties offer a diverse array of options for potential homebuyers. The housing spectrum in Red Deer extends beyond just townhouses, as the city boasts an array of residential forms including predominant single detached homes and an array of small apartment buildings. Residents have a varied selection when it comes to housing sizes, which span from compact lofts to expansive homes featuring four or more bedrooms. Homeownership is common here, with approximately two-thirds of the populace owning their residences, while rental properties accommodate the remaining one-third. A significant portion of real estate development took place post-millennium, accounting for about 40% of the housing stock, alongside a considerable number of homes that were constructed in the 1960s and 1980s.