Red Lake, Ontario, Canada
As of August 12, 2026, the median asking price in Red Lake is $339,500, across 4 active MLS® listings.
Those listings have been on the market an average of 170 days.
Asking prices work out to about $443 per square foot, based on the 3 listings that report floor area.
Mining roots, lake-bound living
This is Red Lake’s everyday neighbourhood—the lived-in ring around the town centre where porch lights, plowed driveways, and pickups tell you who’s home. Streets are lined with older single-detached houses and modest bungalows, many with additions that hint at decades of practical upgrades. It’s not a polished “district” so much as the place where the town’s routines happen: school runs, shift changes, and quick stops downtown before heading back toward the lakes.
The people here tend to be working-age households and long-time residents connected to the engines of the region—mining, municipal services, aviation, logistics, and small business. With a Walk Score around 50, it’s moderately walkable for daily errands: you can stroll to services and shops near the core, but most residents still rely on a vehicle for weather, distance, and the realities of Northwestern Ontario life. Neighbours look out for one another, and community events and minor-hockey conversations have a way of becoming the neighbourhood’s social glue.
Real estate feels grounded and functional, with a mix of detached homes, a few low-rise rentals geared to workers, and the kind of inventory that rewards buyers who value bones over buzz. Expect older housing stock with variable maintenance—everything from well-kept family homes to properties needing insulation, roofing, or basement attention. Demand tends to track local employment confidence, and when mining and seasonal work are strong, rentals and entry-level homes can tighten quickly; when things soften, buyers often find more room to negotiate on condition and upgrades.
Red Lake’s market is small and relatively quiet right now, with 6 active listings, a median asking price of $254,000, and an average of $402 per square foot. Homes are taking time to sell at about 120 days on market, and with only 1 new listing in the past 30 days, buyers may have room to negotiate while investors should be selective and underwrite for longer holding periods.
Walk Score 50 · Bike Score 36
The median asking price in Red Lake is $339,500, across 4 active MLS® listings as of August 12, 2026. The average asking price is $426,475. These are list prices on homes currently for sale, not sale prices.
There are 4 active MLS® listings in Red Lake as of August 12, 2026.
Homes currently listed in Red Lake have been on the market an average of 170 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Red Lake has a Walk Score of 50 out of 100, which Walk Score classifies as Somewhat Walkable — some errands can be accomplished on foot. Bike Score is 36.