The city of Red Deer offers many residential real estate options, from bungalows, 2 story homes, townhomes, row housing, apartment condos and more. Please search the Red Deer MLS® for properties that suit your needs or sign up to find out how much the property down the street sold for. Red Deer is Alberta’s third largest city straddling the Red Deer River. Located in central Alberta with easy access to highway 2, and highway 11. We have many years working in real estate and our team of REALTORS® are here to guide you through the Red Deer and area home buying and selling process.