Redwater, Alberta
As of September 26, 2026, the median asking price in Redwater is $269,900, across 7 active MLS® listings.
Those listings have been on the market an average of 32 days.
4 new listings came to market in Redwater in the last 30 days.
Asking prices work out to about $250 per square foot, based on the 7 listings that report floor area.
Detached homes in Redwater are listed at an average of $231,267 across 6 active listings.
Redwater is a small-town neighbourhood setting in the Town of Redwater, northeast of Edmonton, characterized by low-density residential streets, detached homes, and a quiet, family-oriented feel. Demographics tend to skew toward households tied to regional industrial/agricultural employment and commuting to nearby employment nodes in Sturgeon County and the northeast Edmonton corridor. The housing stock is primarily single-family homes with some duplexes and small multi-family options, which keeps rental supply limited and can support steady occupancy when local employment conditions are stable.
Key amenities are town-scale: local shops and services in the core, parks and recreation facilities, and easy vehicle access to Highway 28 for commuting. Schools in Redwater serve local families (elementary/junior high options in town, with broader choice available in nearby communities), and most daily mobility is car-dependent with limited regional transit. Real estate trends typically reflect small-market dynamics—prices can move in flatter cycles than Edmonton, with liquidity and days-on-market more sensitive to interest rates and local job sentiment; however, the rent-to-price ratio can be attractive for investors targeting cash-flow in smaller Alberta communities.
Walk Score 37 · Bike Score 48
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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