Redwater, Alberta, Canada
As of August 12, 2026, the median asking price in Redwater is $409,500, across 20 active MLS® listings.
Those listings have been on the market an average of 93 days.
4 new listings came to market in Redwater in the last 30 days.
Asking prices work out to about $168 per square foot, based on the 12 listings that report floor area.
Vacant land in Redwater are listed at an average of $834,975 across 8 active listings.
Detached homes in Redwater are listed at an average of $253,257 across 7 active listings.
Redwater is a small, close-knit community in the Edmonton Capital Region, roughly a 35–45 minute drive northeast of Edmonton via Highway 28. The neighbourhood is largely low-density and family-oriented, with a mix of older detached homes and newer infill/renovated properties, plus some townhomes and low-rise rentals. Demographics skew toward working families and trades, with local employment influenced by industrial and energy-related activity in the broader Sturgeon County/Heartland corridor, which can make demand and pricing more cyclical than in Edmonton proper.
Amenities are concentrated along the town’s main commercial areas (groceries, services, recreation facilities, parks, and community programming), with easy vehicle access throughout and limited local transit—most commuting is car-dependent. School options are served through local and regional public systems, typically with elementary/junior programming in town and expanded options available in nearby communities and northeast Edmonton. From an investment perspective, Redwater tends to offer comparatively attainable purchase prices and steadier cash-flow potential than central Edmonton, while long-term appreciation is generally moderate and tied to regional employment conditions; rental demand is strongest for well-maintained 3-bedroom homes and newer units, with vacancy and rent growth more sensitive to local job cycles.
Redwater’s for-sale market currently has 24 active listings with a median asking price of $294,950 and an average of $162/sqft, giving buyers a clear spread of options to compare on value. With homes averaging 100 days on market and only 4 new listings added in the past 30 days, conditions suggest measured demand and a slower pace—supportive of negotiation and due diligence for buyers, while investors may find opportunities where longer exposure creates room on price.
The median asking price in Redwater is $409,500, across 20 active MLS® listings as of August 12, 2026. The average asking price is $620,530. These are list prices on homes currently for sale, not sale prices.
There are 20 active MLS® listings in Redwater as of August 12, 2026. 4 of them came to market in the last 30 days.
Homes currently listed in Redwater have been on the market an average of 93 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 20 homes currently listed in Redwater, 40% vacant land, 35% detached houses.