Home Prices in Red Lake
Red Lake home prices in 2025 reflect a market where buyers and sellers carefully weigh value, property condition, and location, particularly for low-rise options and listings close to everyday conveniences and outdoor amenities — important considerations when exploring Red Lake Real Estate.
Without sharp swings to anchor expectations, market participants typically watch the balance between new supply and active demand, the mix of property types reaching the market, and signals such as days on market and pricing adjustments. Reading recent comparables, understanding micro-area nuances, and assessing presentation quality can help clarify where negotiation power sits and how to position an offer or list price when looking at Red Lake Homes For Sale.
Median Asking Price by Property Type
- House
- $89000
- Townhouse
- $0
- Condo
- $0
Find Red Lake Real Estate & MLS® Listings
There are 18 active listings in Red Lake, including 1 house, 0 condos, and 0 townhouses. These listings span 1 neighbourhood.
Use filters to refine by price range, beds and baths, lot size, parking, and outdoor space to narrow options quickly. Review photos, floor plans, and property descriptions to understand layout and finish quality, then compare recent market activity to build a focused shortlist of Red Lake Real Estate Listings. Saving preferred homes and tracking changes in status, presentation, and pricing can reveal opportunities as conditions evolve.
Neighbourhoods & amenities
Red Lake offers a mix of quiet residential streets, established family areas, and pockets close to community facilities. Proximity to schools, parks, and local services influences day-to-day convenience, while access to lakes, trails, and greenspace shapes lifestyle appeal for buyers who value outdoor recreation. Transit connections and main routes support commuting efficiency, and homes near waterfront or scenic corridors often draw interest for both practical and lifestyle reasons. Evaluating these factors alongside property condition and lot characteristics helps identify value signals within each micro-area when searching for Red Lake Houses For Sale.
Rental availability currently shows 0 total listings, with 0 houses and 0 apartments.
Listing data is refreshed regularly.
Red Lake City Guide
Nestled at the northern end of Highway 105 in northwestern Ontario, Red Lake is a lakeside hub where boreal forest meets a storied mining legacy and fly-in adventure culture. With a compact townsite spread across several close-knit communities, it blends rugged wilderness access with everyday conveniences and a warm small-town feel. This Red Lake city guide highlights the area's background, economy, neighbourhoods, getting around, seasons, and the best things to do for newcomers and curious travellers alike, and it can help those exploring Ontario Real Estate Red Lake.
History & Background
Long before prospectors arrived, the Red Lake area was homeland to Indigenous peoples who navigated its interconnected lakes and rivers as travel corridors and trade routes. European fur traders followed these waterways, and the region remained remote until a gold rush in the early twentieth century transformed it into one of Canada's most talked-about mining districts. Camps sprang up quickly, floatplanes became a signature silhouette over mirror-still bays, and the community evolved through cycles of boom, innovation, and reinvention. Around the region you'll also find towns like Dryden that share historical ties and amenities. Over time, separate settlements such as Red Lake, Balmertown, Cochenour, Madsen, and McKenzie Island grew into a connected municipal family, each retaining its own identity while sharing services, schools, and recreation. The nearby backcountry-now treasured for paddling and wilderness trips-was once crisscrossed by portages that carried supplies, news, and the occasional prospector's big dreams. Today, heritage exhibits, community archives, and well-told stories keep those early days alive, even as new generations make their mark in this resilient corner of Ontario.
Economy & Employment
Mining is the backbone of Red Lake's economy, shaping everything from employment patterns to housing and infrastructure. Skilled trades, geoscience, engineering, environmental monitoring, and supply-chain logistics all have a presence, supported by aviation services that connect the community to remote worksites and outpost camps. Tourism is another pillar: anglers, paddlers, and nature photographers arrive for trophy fishing, quiet canoe routes, and wildlife viewing in the surrounding boreal landscape. Fly-in lodges and guide services generate seasonal jobs, while year-round hospitality roles keep restaurants and accommodations humming. Forestry, construction, and aggregate work add stability, and public-sector employment in health care, education, and local government provides reliable opportunities with training pathways for youth. Small businesses-from outfitters and mechanics to bakeries and trades-thrive on personal relationships and word of mouth. Increasingly, some residents blend remote work with northern living, drawing on improved connectivity and a lifestyle that prioritizes access to nature. While commodity cycles influence hiring in resource sectors, the community's diversified service base and entrepreneurial spirit help smooth out the ups and downs, making living in Red Lake appealing for those who value both professional opportunity and an outdoor-forward pace.
Neighbourhoods & Lifestyle
Red Lake's "neighbourhoods" stretch across a handful of distinct yet interconnected communities, each with its own rhythm. The Red Lake townsite is a natural focal point, with a walkable core, lake views, and gatherings at parks and the waterfront. Balmertown offers a more residential feel with quick commutes to work sites and recreation facilities. Cochenour sits close to the airport and lakeshore marinas, and its access to island-dotted waters makes it a favourite for boaters; Madsen, with its historic roots, offers a quieter pocket that prizes tight-knit community spirit. Neighbourhood-hopping is easy with nearby communities like Ear Falls and Eagle River. Everyday amenities are surprisingly comprehensive for a northern town: you'll find grocery options, a library, an arena and curling sheets, ball fields, playgrounds, and community halls that host craft markets, hockey tournaments, and seasonal events. Lakeside parks and beaches invite picnics and sunset strolls; in summer, the waterfront buzzes with floatplane activity and fishing chatter. Local culture leans friendly and practical-volunteerism runs deep, and gatherings at heritage exhibits, art shows, or music nights bring neighbours together. For newcomers, the best things to do often start with what the locals love: hiking forest loops, paddling the nearest bay, grilling the day's catch, and swapping stories around a campfire as loons call from across the water.
Getting Around
Red Lake's communities cluster along a short network of highways and local roads, making daily travel straightforward by car or truck. Highway 105 is the primary north-south link to the Trans-Canada corridor, while a short spur connects to Balmertown and Cochenour; Madsen lies just off the main route. Within the townsites, walking is easy for errands and school runs in warmer months, and many residents cycle during the long evenings of summer. Winter brings well-practised snow clearing, and drivers switch to seasonal habits that prioritize traction and visibility. The local airport provides scheduled connections to regional centres, and floatplanes on sheltered bays remain an iconic way to reach fishing lodges or backcountry lakes. Taxis and community shuttles may be available for essential trips, but most households rely on their own vehicles, especially during shoulder seasons when weather changes quickly. For broader commuting and day trips, consider close-by hubs such as Kenora and District Of Kenora. Paddlers and boaters should always plan routes with care-winds can rise suddenly on open water, and portage distances feel longer when the bugs are lively-but careful preparation rewards you with classic northern travel at its most memorable.
Climate & Seasons
Red Lake experiences a truly northern rhythm to the year, with crisp springs, warm and luminous summers, golden autumns, and deep, snowy winters. Spring arrives in stages as lake ice recedes and migratory birds return; local trails can be soft and muddy, but the first paddle strokes of the season feel especially sweet. Summer lingers with long daylight, inviting after-work outings to the beach, slow cruises at dusk, and family weekends spent camping, canoeing, or chasing walleye, pike, and lake trout. Expect peak bug season early on, followed by increasingly pleasant evenings as the calendar turns. Fall steals the show with fiery maples and larches against granite shorelines; it's ideal for hiking, wildlife watching, and photography, and for many it's the favourite time to be out on the trails. Winter brings a reliable snowpack and crisp air that can dip well below freezing, but locals embrace the season with snowmobiling, ice fishing shacks tucked into sheltered bays, cross-country skiing loops, and snowshoe explorations that follow old portage routes. Clear nights often reward patient skywatchers with dancing northern lights. The key to thriving through the seasons is preparation: layered clothing, good boots, and an eye on weather advisories. With that, each season offers its own signature experiences-and a steady rotation of community events-to round out a fulfilling year of outdoor and indoor pursuits.
Market Trends
The Red Lake housing market is compact, with a strong focus on detached homes. The median detached price reported for the area is $89K, which helps illustrate typical transaction levels for that property type when researching Red Lake Real Estate Listings.
The "median sale price" is the midpoint of all properties sold in a period - half sold for more, half for less. In Red Lake, the median detached price provides a simple indicator of where typical sales have clustered and can guide expectations for buyers looking at Red Lake Homes For Sale.
Current availability is limited: there is 1 detached listing on the market in Red Lake at this time.
For a clearer picture of neighbourhood differences and short-term trends, review local market statistics and consult with knowledgeable local agents who can explain recent activity and what it means for buyers and sellers interested in Red Lake Houses For Sale.
You can browse detached homes, townhouses, and condos on Red Lake's MLS® board, and use alerts to help surface new listings as they appear.
Neighbourhoods
What does it feel like to come home in Red Lake? Think steady rhythms, familiar streets, and a community that prizes everyday ease. The pace is unhurried, yet life stays connected and practical. If you're starting to map where you might live, Red Lake offers a single, close-knit setting with pockets that shift subtly in feel from block to block-and KeyHomes.ca helps you notice those nuances with an easy map view and thoughtful filters when searching for Red Lake Neighborhoods and local listings.
Within Red Lake, you'll see a comfortable blend of home styles: detached houses for extra breathing room, townhouses that simplify upkeep, and condo-style options that favor convenience. Some stretches feel tucked away and calm; others sit nearer to everyday stops and small-scale services. Side streets tend to lean residential, while connector roads bring more activity and a bit of hum. The overall mood is grounded, neighbourly, and straightforward.
The community's layout reads like a patchwork of micro-areas. A few clusters give off a classic residential vibe with porches and quiet front yards, while other clusters tilt toward compact living and quicker routines. Green nooks and open edges appear in places, softening the streetscape and offering moments of pause. If you prefer to be close to community touchpoints, look toward the more active corridors; if you crave privacy, choose streets where traffic is light and evenings settle quietly.
Housing variety here is practical rather than flashy. Detached homes often appeal to those who value personal space and the flexibility to tailor a yard or workshop zone. Townhouses can strike a balance between comfort and simplicity, ideal when you want familiar neighbours close by. Condo-style choices keep things nimble-handy for a lock-and-go lifestyle or if you favor less maintenance and a more compact footprint.
Picture a day that starts with a simple routine: a peaceful morning on a low-traffic street, an easy run to nearby essentials, and a stroll along a route where the air feels open. That same day can end with a friendly wave to neighbours and a quiet evening at home. In Red Lake, the distance between "busy enough" and "nice and calm" is measured less by lines on a map and more by the character of each cluster of homes. It's a place where choices are close together, which makes exploring on foot-or through a map-based search-especially clear and intuitive.
For sellers, this single-community setup means your property sits within a coherent narrative buyers understand quickly: a practical market, a tight sense of place, and discernible differences in streets, lot feel, and home format. For buyers, the same clarity helps decisions come into focus. You can weigh the appeal of a detached home's flexibility against the ease of a townhouse or condo-style layout, then refine by street character and proximity to amenities that match your routine. KeyHomes.ca supports that process with saved searches and gentle listing alerts, so you can compare options without losing track of favorites.
Comparing Areas
- Lifestyle fit: Some pockets emphasize calm residential living with a slower rhythm; others sit closer to local services and community activity. Look for settings that match how you spend your days-quiet evenings, quick errands, or a bit of both.
- Home types: Detached homes offer space and flexibility; townhouses provide a practical middle ground; condo-style options lean toward streamlined living. Consider how much maintenance you want and how you plan to use your indoor and outdoor areas.
- Connections: Quieter side streets branch off from more traveled corridors. If you prefer less traffic, choose tucked-away segments; if you want swifter access to daily needs, aim closer to those connector routes.
- On KeyHomes.ca: Use saved searches, alerts, filters, and the map view to sort Red Lake listings by property type and setting, then track changes as new opportunities appear.
Within the same community, you can still choose your own pace. Some buyers gravitate toward areas that feel established and settled; others prefer spots with a more contemporary edge. Where the streets are calmer, evenings tend to feel more private; closer to activity, daytime routines can run quicker. Either way, the community's scale keeps options within easy reach, making it simple to tour a few streets and compare what resonates.
If you're weighing resale value and future plans, think about lifestyle anchors: a layout that fits your routine, a yard you'll genuinely use, or a low-maintenance setup that keeps weekends free. Sellers might highlight a home's ease of upkeep, versatility of space, or the comfort of a quieter street. Buyers might prioritize the tradeoff between extra room and everyday simplicity. KeyHomes.ca brings those comparisons to life with side-by-side views and filters that respond to what matters most to you.
Red Lake keeps choices focused and practical: one community, many moods. When you explore with intention-and a clear search on KeyHomes.ca-you notice how a few blocks can shift the feeling of home from lively to tucked-away. That's where the right fit often appears: at the intersection of pace, place, and the way you like to live.
In Red Lake, the path to the right home is less about distance and more about street-by-street feel. Take time to compare pockets, then trust the one that matches your daily rhythm.
Nearby Cities
When searching for homes in and around Red Lake, consider nearby communities such as Ear Falls, SIOUX LOOKOUT, Eagle River, DRYDEN, and Kenora.
Explore these nearby cities to compare community character and housing options that may suit your needs near Red Lake, and follow the links to learn more about each area and their local Red Lake Real Estate Listings.
Demographics
Red Lake, Ontario is typically characterized by a small, close-knit community that attracts a mix of families, retirees and working professionals. Local Indigenous communities and long-term residents contribute to the cultural fabric, while seasonal newcomers and workers drawn by regional industries add to the town's diversity of life stages and backgrounds.
Housing in and around Red Lake tends to include detached single-family homes, some multi-unit and condominium options, and rental properties serving different needs. The overall feel is decidedly rural and northern rather than urban, with a lifestyle that often emphasizes outdoor recreation, self-sufficiency and a quieter pace of life, alongside the local services and amenities found in town — useful context when you search for Red Lake Condos For Sale or plan to Buy a House in Red Lake.