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MLS® listings · updated October 20, 2026 Balanced market · 38/100

Red Lake Homes for Sale & Real Estate

Red Lake has 21 homes and properties for sale on the MLS® right now. The median asking price for a home is $265,000. Detached houses are the largest share, at 100% of home listings.

Currently a balanced market in Red Lake. Browse 21 MLS® listings, neighbourhood market stats, and recent sold history across Red Lake, Ontario.

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98 Detta Road, Red Lake: home for sale
98 Detta Road · $399,000Listed by Century 21 Northern Choice Realty Ltd., Brokerage

Red Lake at a glance

MLS® data

Homes for sale
21
For rent
0
Sold · 90 days
21
Average sold price · 90 days
$195,662

Market typeBalanced market · 38/100

52 days on market (average) · 3.0 months of inventory

Zara, Summitly's AI virtual agent (AI-generated image)
Zara · AI virtual agent

Meet Zara · Red Lake

Ask Zara about any listing, neighbourhood, school zone, or sold comparable in Red Lake. Available 24/7 via chat or phone — no signup, no waiting.

How many homes are for sale in Red Lake?

21 homes are listed for sale in Red Lake on the MLS® right now.

Ask Zara a follow-up
How much does a home cost in Red Lake?

As of October 2026, homes for sale in Red Lake have an average asking price of $279,500 and a median of $265,000 across 8 MLS® listings. A detached house has a median asking price of $265,000. Over the last 12 months, the median sold price was $258,750 across 34 sales.

Ask Zara a follow-up
Is Red Lake a buyer's or a seller's market?

Right now it reads as a balanced market: homes are taking about 52 days to sell and there are about 3.0 months of supply. That can change month to month, so ask before you make an offer.

Ask Zara a follow-up
AI-friendly answerUpdated daily from MLS®

Red Lake, Ontario has 21 homes listed for sale, 21 sold in the last 90 days and a 90-day median sold price of $215,000, from the MLS®. Through Mortgage Squad Advisors — Summitly's preferred mortgage partner — you can browse listings and talk to a licensed mortgage advisor in the same flow.

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The newest MLS® listings, freshest first.

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Home prices

Red Lake home prices

Asking prices of the Red Lake homes for sale on the MLS® today, by property type, with the median sold price over the last 12 months. Updated October 2026.

As of October 2026, homes for sale in Red Lake have an average asking price of $279,500 and a median of $265,000 across 8 MLS® listings. A detached house has a median asking price of $265,000. Over the last 12 months, the median sold price was $258,750 across 34 sales.

Red Lake home prices by property type
TypeFor saleAverage askingMedian askingAsking $/sq ftMedian days listedMedian sold (12 mo)
All homes8$279,500$265,000$29954$258,750
Detached8$279,500$265,000$29954$258,750

Asking figures are from active MLS® listings; $/sq ft uses listings that report a floor area. Sold figures are medians of at least 5 sales — individual sold prices are shown to signed-in members only.

12-month sold price trend in Red Lake

MonthAverage sold priceSales
October 2025$339,3638
November 2025Not enough recent sales3
December 2025Not enough recent sales3
February 2026Not enough recent sales1
March 2026Not enough recent sales1
April 2026Not enough recent sales2
May 2026$254,5836
June 2026$66,8005
July 2026Not enough recent sales3
August 2026$151,0717
September 2026$312,2805
October 2026$204,2506
Sold

Recently sold in Red Lake

How Red Lake homes have been selling, from MLS® sales. Prices are aggregates of at least 5 sales; sign in to see individual sold prices and dates.

See recently sold homes in Red Lake
  • Sold in the last 90 days
    21
  • Median sold price (90 days)
    $215,000
  • Average days on market
    52 days
  • Homes sold (12 months)
    34
Market intelligence

Home price trends & market temperature in Red Lake

Composite hotness score, the year-long sold-price line, and a plain-English read on the data from Zara, our real estate AI.

Full Red Lake market breakdown
Market temperature

Red Lake is a balanced market

Composite score derived from days-on-market and months-of-inventory signals.

38
balanced
Cool buyer's mktBalancedHot seller's mkt
  • Days on market
    52
    Lower = hotter
  • Months of inventory
    3.0
    Under 4 = hot
  • Closed (30d)
    21
    MLS® last 30 days
12-month trend

Average sold price in Red Lake

Last 12 months of MLS® closed transactions, average per month.

$195,662
-39.8% YoY
$204,250
Oct 25Oct 26
Zara's take · Red Lake
Red Lake is currently a balanced market.

The latest monthly average sold price is roughly 39.8% lower than 12 months earlier. Monthly averages move with the mix of homes that sold, so treat this as a direction rather than a precise change. Inventory is tight at ~3.0 months of supply.

Practical takeaway

Buyers: you have time to make a measured decision and negotiate. Sellers: presentation and pricing strategy matter more than timing.

Generated from MLS® data — not investment advice.See the full report
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Browse by price

Red Lake homes for sale by price range

Active MLS® listings per price band.

  • Under $500K
    20
  • $500K – $750K
    0
  • $750K – $1M
    1
  • $1M – $1.5M
    0
  • $1.5M – $2M
    0
  • Over $2M
    0
Browse by type

Red Lake homes by property type

Detached, semi-detached, townhouse, condo, multi-family and commercial inventory — all in one view.

Browse by bedrooms

Red Lake listings by bedroom count

  • 1+ Bedroom
    6
  • 2+ Bedrooms
    5
  • 3+ Bedrooms
    3
  • 4+ Bedrooms
    1
  • 5+ Bedrooms
    0
Browse by intent

Popular Red Lake searches

The way buyers really search — new listings, price drops, with pool, finished basement, fixer-uppers, and more. One tap drops you on the map with that filter applied.

By postal code

Most-active postal codes in Red Lake

Forward Sortation Areas (the first 3 characters of a Canadian postal code) ranked by current MLS® inventory.

About the market

Living in Red Lake, Ontario

Red Lake has 21 homes listed for sale on the MLS® right now. The largest groups are detached houses (6).

Over the last 90 days, 21 homes sold in Red Lake at a median price of $215,000, after an average of 52 days on the market.

At the current pace of sales, Red Lake's active listings would take about 3.0 months to sell — a tight supply that usually favours sellers. Summitly's market gauge reads: Red Lake is a balanced market.

Looking for a licensed agent? Compare Red Lake real estate agents — free to use. How your agent is paid is set out in your buyer representation agreement.

Own a home in Red Lake? What's my Red Lake home worth? · Recently sold in Red Lake · Estimate your selling costs

Automated estimate from recent area sales. Sign in or create a free account to see it, and we'll email the full report.

Buying guide

Buying a home in Red Lake

What buying at Red Lake's typical asking price costs on top of the price itself, from Ontario's current rules.

  • Land transfer tax in Red Lake

    On Red Lake's median asking price of $265,000, Ontario land transfer tax is $2,450. Red Lake has no municipal land transfer tax; the same home in Toronto would add $2,450 of MLTT.

  • First-time buyer refunds

    First-time buyers get up to $4,000 of the provincial tax refunded — $2,450 at this price, leaving $0 to pay.

  • Minimum down payment

    At $265,000, the minimum down payment is $13,250 (5.0% of the price).

The 5-step plan

How to buy a home in Red Lake

The steps Summitly's licensed advisors walk buyers through.

  1. 1

    Get pre-approved

    Confirm your maximum purchase price and hold a rate before you start touring properties in Red Lake. Summitly's mortgage partner, Mortgage Squad Advisors, can compare lenders for you.

  2. 2

    Browse MLS® listings in Red Lake

    Use the price, property-type and bedroom tiles on this page to narrow inventory, or draw your own search area on the map.

  3. 3

    Tour homes with a licensed agent

    Summitly can connect you with a Red Lake agent at Coldwell Banker Summit Realty, or you can work with your existing REALTOR®.

  4. 4

    Make an informed offer

    Compare the asking price with recent sold prices for similar homes nearby — Zara, our real estate AI, can pull comparables for any address.

  5. 5

    Close

    Your lender, real estate lawyer and agent coordinate the closing so the keys are released on your closing date.

Frequently asked questions

Buying and selling in Red Lake: your questions, answered

Answered with this page's own MLS® numbers.

  • What is the average house price in Red Lake?

    The average asking price of a home for sale in Red Lake is $279,500 as of October 2026, across 8 MLS® listings (median $265,000). Homes that sold in the last 90 days averaged $195,662 over 21 sales. Detached houses average $279,500.

  • How many homes are for sale in Red Lake right now?

    21 homes are listed for sale on the MLS® in Red Lake, including 6 detached houses.

  • What do homes sell for in Red Lake?

    Homes that sold in Red Lake over the last 90 days went for a median of $215,000 and an average of $195,662, across 21 sales. Prices vary widely by property type, size and neighbourhood.

  • How long does it take to sell a home in Red Lake?

    Homes that sold in Red Lake over the last 90 days spent an average of 52 days on the market.

  • Is Red Lake a buyer's or a seller's market?

    Red Lake is a balanced market. Red Lake has about 3.0 months of inventory (active listings divided by monthly sales); under four months usually favours sellers and over six favours buyers.

  • How many homes are for rent in Red Lake?

    0 homes are listed for rent on the MLS® in Red Lake right now.

  • Where do these Red Lake numbers come from?

    Listing counts are MLS® counts, updated daily. Sold prices and days on market come from MLS® sales closed in the last 90 days; a figure based on fewer than 5 sales is withheld.

Licensed Ontario real estate brokerage

Coldwell Banker Summit Realty, Brokerage

Coldwell Banker Summit Realty, Brokerage is registered with the Real Estate Council of Ontario (RECO). Its licensed agents can help you buy, sell or lease in Red Lake, from showings and offers to closing. When you are ready to finance, you can compare mortgage options with our partner, Mortgage Squad Advisors.

  • RECO-registered brokerage
  • Licensed agents
  • Zara, AI virtual agent

Coldwell Banker Summit Realty, Brokerage. Waqar Afzal, Broker of Record. Each office is independently owned and operated.

Ready to make a move in Red Lake?

Estimate what you can afford, talk to a licensed mortgage advisor about pre-approval, or ask Zara for a personal affordability snapshot.